THE RETAIL BULLETIN - The home of retail news
HOME
RETAIL NEWS
RETAIL EVENTS
Fashion
Department Stores
Shopping Centres & Retail Parks
Home & DIY
Electricals
Health & Beauty
General Merchandise
Entertainment
Sports & Leisure
The Papers
Retail Solutions
Food & Drink
Interviews
Property
RETAIL INSIGHTS
RETAIL SOLUTIONS
ABOUT US
CONTACT US
SUBSCRIBE FOR FREE
Front Up Rugby tackles the retail downturn and seeks further investment for expansion

The emerging menswear brand with three stores and turnover rapidly growing towards £1m plans futher stores.

CITY & CORPORATE

Front Up Rugby tackles the retail downturn and seeks further investment for expansion

The emerging menswear brand with three stores and turnover rapidly growing towards £1m plans futher stores.

The Company plans to add a further five stores, doubling the size of its range and tripling its online sales. By 2015, the company is forecasting turnover in excess of £8m. The business has expanded with some excellent hires to its Board in 2011 and is now in discussion with a number of venture capitalist firms about raising growth capital for business development.

In May 2011, a team of 10 high profile retailers invested seed capital of over £175k for a minority share in the business. Simon Smith, previous CEO of Fly53 & Main Board Director of WDT (Firetrap, Fullcircle, Sonneti) and Keith Watson, non-executive director of Aspinal of London joined the business.

In July 2011 Front Up launched an initial Pop Up store in London’s Covent Garden where the businesses' sales reached record levels and regularly traded in excess of £10,000 a week from a standing start. Identifying the opportunities available for these Pop Up stores, Front Up Rugby opened an additional five new stores in the run up to Christmas delivering six figure turnover in a matter of weeks.

England rugby Player James Haskell joined the Company's Board as an Executive Director in July 2011.

The profile of rugby grows within the UK and globally, With its unique brands and development of new product styles, Front Up is poised to take full advantage of this growing market. Key opportunities in the medium term are the Lions Tour of Australia in 2013; Rugby World Cup hosted in England during 2015 and the Rugby 7s being included as an Olympic Sport at the 2016 games in Rio de Janeiro.

If you would like to become involved with this exciting opportunity, you can contact Russell Crowe at Retail Equity Partners: rcrowe@retailequitypartners.com

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News

RETAIL EVENTS

Customer Engagement Conference 2019
Customer Engagement Conference 2019
5 June 2019
Cavendish Conference Centre, London W1
The 10th Annual Retail Customer Engagement Conference
The HR Summit 2019
The HR Summit 2019
8 October 2019
Hallam Conference Centre, London W1W 6JJ
The 11th HR Summit 2019, Hallam Conference Centre, 44 Hallam St, Marylebone, London W1W 6JJ
AI in Retail Conference 2019
AI in Retail Conference 2019
16 October 2019
Cavendish Conference Center, London W1G 9DT
Digitally native competitors and demanding customers are forcing a new perspective in retail. AI and machine learning can help you step up to the challenges; and some ‘small and beautiful’ solutions can increase your conversion rates within just a few weeks.
Omnichannel Futures Conference 2020
Omnichannel Futures Conference 2020
5 February 2020
Cavendish Conference Centre, London WG1 9DT
A truly omnichannel offering requires an understanding of customer behaviour across all shopping channels and how this should impact your overall business strategy