Hilco is delighted to offer for sale the business and assets of Project Kicks, a premium global omni-channel marketplace connecting buyers & sellers online selling both new and preloved sneakers, streetwear and luxury Items. The business offers an excellent opportunity either as a standalone company, with scope to scale existing operations, or as a bolt on opportunity to an established organisation.
- Operating in a growing market with the sneaker market currently valued at $6 Billion and forecast to surpass $30 Billion by 2030
- Established business and brand with strongly growing revenues
- Utilising leading-edge proprietary technology
- Operating with trusted partners and brand ambassadors
- Retail platform connects resellers to an established audience via a premium online shopping environment.
- E-commerce driving over 60% of revenue across product categories inc. sneakers, streetwear, watches, bags, accessories and shoe care.
- Operating four international concessions in high end retail stores
- Private client personal shopping via concierge partners for high-net-worth customers
- Proprietary technology to include reseller App used under licence.
- Significant brand equity established over the Company’s trading period
- Experienced leadership team
- Turnover for year ended 31st December 2022 c.£5.7m
Available assets include:
Intellectual Property Assets – the established brand name, trademark, copyright in the website content and Company published literature.
Partner and Brand Ambassador Relationships – the developed partner and brand ambassador relationships Organisational Knowledge – an established team with a detailed understanding of the company’s market and products Stockholding – the existing stockholding with a cost price of c.£140,000. Goodwill – the valuable goodwill attaching to the business
Sale Process and Further Information
On receipt of a signed non-disclosure agreement (NDA), access will be provided to a virtual data room housing additional information. To access the NDA, please click the link, sign and return via email to firstname.lastname@example.org and email@example.com.