Summary

Current investment opportunity offers CROWDESTOR investors to make a secured loan of EUR 40 000, to a footwear brand INCH2. 

As the world is coming to terms with the new business environment in the post-COVID-19 era, for the company INCH2 it means that this is the time to work with KEEPING THE LOYAL CUSTOMER BASE.

Various probable scenarios for the future have been created and analyzed, and by far the most significant issue that brands will be facing is the fact that loyal customers may have a lower budget for fashion shopping in the upcoming seasons.

To continue to successfully operate in this segment, and also to be able to fit into the post-COVID-19 landscape, this autumn, INCH2 will launch streamline INCH2 STANDARD - fashion shoes that will be priced into a diffusion line segment, i.e. 30-50% cheaper than the main line of INCH2.

INCH2 STANDARD launch requires investments for:

• design samples
• initial manufacturing batch, i.e. creating industrial prototypes, etc.
• working capital

This investment is structured as a revitalization loan for the INCH2 brand with the same conditions as in the previous campaign, as an extension to the current loan.

Loan

Funding target: EUR 40 000,00.
Loan term: 12 months.
Interest rate: 20% per annum.
Interest payments: Bullet payment at the end of the loan period 
Loan repayment: In full at the end of the Loan Term.
Collateral: Guarantee issued by the Borrower
Collateral Agent: Crowdestor Security Agent OÜ
Crowdestor Provision fund: Yes

Remember, interest rate payments start calculating from the day you make your investment!

About INCH2

INCH2 is a fast-growing young brand founded in Northern Europe in 2015 now gaining global recognition. The driving passion behind the brand’s identity is a blend of refined design of handcrafted footwear with a strong charismatic personality. Unique style, uncompromising comfort, and high quality – three fundamental principles the brand stands for. INCH2 fills the gap between mass-market and exclusive, designer footwear, offering handcrafted highly fashionable footwear for affordable middle-range price. INCH2 manufacturing is extended to Europe’s best shoemakers. The brand’s footwear is being produced in Portugal at the same facilities as the following well - known brands: KENZO, LANVIN, MAISON MARTIN MARGIELA, BALMAIN, GIVENCHY, and others.

INCH2 was founded by two dedicated professionals Olga and Edward Peterson who are leading the Company today. Olga as a promising young architect and Edward with expertise in online marketing started the brand with only five styles which grew into a wide range of highly desired products with an ever-growing audience of supporters and devoted customers around the globe in just a couple of years. The brand was inspired by the fusion of styles, art, and different perceptions of beauty while traveling around the world and absorbing the unique culture of each country visited.

With its unique brand identity of handmade, charismatic, AA class quality concept – INCH2 footwear is a debut award winner. The brand offers a never-ending play with the old world footwear design traditions, mixing them in a curious, one-of-a-kind, personal, and timeless way. Currently, the team of two has grown into a team of 20+ dedicated and passionate professionals. With a clear market positioning – INCH2 fills the gap between mass-market and exclusive, designer footwear for an affordable price, especially with the new line INCH2 Standard. 

The company has experienced record-setting sales – INCH2 has generated sales of 4.5m EUR in 2018 up from 1.5m EUR in 2017 achieving a staggering growth of ca. 200% in one year. The company has also set a record for “Black Friday” sales in Latvia for two consecutive years. INCH2 has three sales channels – the footwear is sold through online, retail, and wholesale channels. Footwear is shipped globally and has been sold to more than 130 countries worldwide.
 

To find out more about INCH2, visit: https://www.inch2.com/