Everpress
Everpress is an online platform that enables creators to design and sell clothing to their audience.
£6.4m
TOTAL INVESTMENT
London
Location
E-commerce
SECTOR
August 2021
INITIAL DEAL
Live
INVESTMENTS
1st Investment - August 2021
2st Investment - August 2022
Overview
In 2021, Puma Private Equity deployed £3.2 million of equity into Everpress, a global fashion marketplace that connects consumers to unique and sustainable products from independent designers.
About Everpress
Everpress started with a simple mission – to support grassroots creators and reduce waste in fashion. Today, it provides a full-service solution through which creators can upload their designs and create campaigns – using the platform’s toolkit to choose garment types, sale duration and prices – before launching to a global audience via Everpress’s website. The company was created with sustainability in mind and this commitment underpins its operations: campaigns are on a pre-order basis and garments are only produced once purchased, to eliminate excess stock and wastage.
Everpress is well placed to capitalise on market trends such as the growth of online shopping, which has been accelerated by the pandemic, along with increasing awareness of ethical fashion and consumers’ desire to support grassroots businesses.
THE COMPANY'S VIEW
“Puma Private Equity has been a long-term supporter of Everpress and shares our mission and our values. The team has helped us succeed on our journey, and with the additional investment they have made as well as their skills, knowledge, expertise and contacts, I am confident that we can realise our vision.”
OUR VIEW
“Everpress has a unique business model that ensured the company continued to thrive despite challenging market conditions in the consumer sector. The Everpress platform enables creators to engage with and grow their following, which is ever-more important in the current environment. The pre-order model ensures the company carries limited stock and is able to be agile in line with market evolutions.”
