Forget about the latest hand bag, do you have some fashion investments in your portfolio? This sector is predicted to grow to $2trillion… yes TRILLION by 2018. That is hugely impressive especially compared to tech ventures.
Ironically common 'retail therapy' provides a fairly poor return on investment once the immediate kick of owning the dress or suit or …. yes admittedly, shoes, has worn off. Once you walk out of that shop the value of your acquisition drops substantially.
Time to access the investment in your favourite brand, in a way that returns dividends. How many VC's are investing and how many of these are converting their investments into opportunities for our pension funds?
Or perhaps equity crowd funding can offer you some shares or convertible notes with your latest Chanel or Jimmy Choo or up-and-coming labels?
But as a former fashion designer turned venture capitalist, I see dollar signs — and lots of them. Let’s take a quick look at the numbers: a $1.2 trillion market size, expected to grow to $2 trillion by 2018. To put that into perspective, the global SaaS market is around $20 billion. Cloud services is $131 billion. And enterprise software is $120 billion. Overall, the fashion and apparel industry is a juggernaut and it’s easy to see why: everyone needs clothing and it’s a product that we use every day. And that’s the beauty of fashion and why it holds untapped potential for VCs; it’s the perfect combination of market size, unending global demand and an industry that has yet to be fully disrupted. Indeed, there are still many problems that need to be solved in the fashion industry and the payout for solving them will be significant.