The Company will be making additional investments in buying more products to increase sales volume. It will also help optimize product delivery times, increase customer satisfaction and money flow as well as it will help in further expansion of Gemo brand in Baltic countries.
Company have franchise of GEMO brand which is one of biggest fast fashion retail brand in France. In Latvia GEMO store is more then 1079 sqm2, this concept is for all family. We sell clothing and shoes for all age groups. In Riga this is first GEMO store in Baltic countries. As well company presnets GEMOkids store which was first store in EU opened in MAY.
Current investment opportunity offers CROWDESTOR investors to make a loan with 14% annual interest rate.
Minimum target to be raised in CROWDESTOR platform is EUR 20 000,00 and the maximum target is EUR 50 000,00.
Minimum target: EUR 20'000
Maximum target: EUR 50'000
Loan term: 12 months.
Interest rate: 14% per annum.
Interest payments: paid monthly
Crowdestor BuyBack fund: Yes
Loan repayment: After 3 months from the date of the disbursement of the loan amounts to the Borrower, The Borrower is entitled to repay each month an amount of EUR 4'167.00 towards the repayment of the whole loan amount to all Lenders, and the recurring monthly principal repayment does not carry any interest.
Security
Company BRANDSELLER is franchise partner of GEMO brand, one of the biggest fast fashion retail brands in France. We are the only and direct distributor for Baltic countries. During 2019 we already opened 3 shops (two of them is GEMO and GEMOkids). Shops are located In Latvia and Lithuania, one in Riga old town shopping center “Galleria Riga” (1100 square meters) and second GEMOkids store in shopping center “Riga Plaza” (400 meters). 4th store that owns company BRANDSELLER will be also opened in Riga on November 2019. Plan to expand more in Lithuania, Vilnius in 2020. Company owns one store in capital and the biggest city of Lithuania - Vilnius, shopping center “Europa”. Now negotiations are in the process with one of the most well known shopping centers in the area.
Our purpose to make additional investments in working capital with the possibility to buy more products as well as make more wider offer of the above products in shops, which also help at the same time to optimize product delivery and as a result to improve sales volume/increase turnovers/attract new clients and finally increase the brand name among the potential customers in Baltic countries.
Gémo is one of the leading companies in France. Both as a designer and as a distributor, our company develops a unique distribution model in the market, offering the widest choice of shoes, clothing and accessories to satisfy all the needs of the family.
“The goal: offering a generous, accessible and sparkling fashion“ -Hubert Aubry, CEO
Gémo:
GEMO brand is one of the strongest brands in France with the apparel and shoes concept for all family with more than 450 shops just in France with the year turnover about 900 million Eur. (including VAT.)!
A variable product offer based on store sizes, defined by Gémo:
- Clothes: men & women, children (from 0 to 16 years old), maternity, large sizes - Shoes: men & women, children
- Automatic replenishment proposal
- No returns at the end of the season
BRANDSELLER company was the first one to open the GEMOkids consept store this year in Riga, Latvia.
This is the video of Gémo Kids store opened in Paris
https://www.youtube.com/watch?v=y7hAnvdScz8&feature=youtu.be
This concept was opened this autumn 2019, it is newest concept and we plan to open the same in Vilnius in 2020
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