LAMARCA
Information Technology & Services - Charlottesville, Virginia, United States
LAMARCA Employees
LAMARCA Details
LAMARCA is revolutionizing the way shoppers discover and purchase luxury handbags + accessories. We are the destination for trendsetters who stand out from the crowd with bold + beautiful accessories designed by next year’s biggest stars. LAMARCA promotes a designer’s collection through a crowdfunding campaign we host, fans back the products they love, and we deliver backed pieces at amazing prices. We eliminate fashion’s biggest pain points – high upfront costs and excess inventory. Items don’t move into production until they reach a threshold of backers. We manage the promotion and production process for designers, and match production quantities to the demand. Our revenue margin is 71% on all goods with other opportunities for recurring revenue. With only sales, our revenue by year 2 is projected at $13M. We offer a 30% cut of profits to designers. LAMARCA is set for a March 2014 alpha launch. We have a pipeline of excited designers and are finalizing manufacturer relationships.
LAMARCA Technologies
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