Company Overview:
La Dolce Vitae is a multi-brand luxury discount eCommerce store. We are transforming our online store into a major luxury fashion MARKETPLACE for brands such as Gucci, Dior, Fendi, Celine, Tom Ford, Prada, Saint Laurent & many more. Our mission is to expand our market presence in the lucrative $759 Billion fashion space for handbags, shoes, accessories and apparel. www.ladolcevitae.com
- Opportunity:
- The US market alone is estimated to be $216 billion by 2024
- Planned major expansion into East Asia and the Gulf Region.
- Luxury Fashion segment is posed to grow to over 1 trillion USD
- Marketplace models minimizes the need for extensive inventory buys
- Solution/Strategy
- Built our own API feed which will allow us to carry and distribute products and orders from many boutiques and vendors.
- Our API feed is currently around 67,000 SU's from various vendors, with plans to ramp up to 500,000 to 700,000 with the next 12-18 months.
- Our team has built an application that allows us to consume products from an unlimited amount of vendors, and to offer all or portions of those products via a "Super API" to other companies, for a fee.
- The marketplace will be able to scale to 100s of brands with low staffing overhead compared to traditional eCommerce
- Aggressive onboarding new vendors & luxury boutique
- Drop-ship directly from our partners in Europe to the customer and plan to open a cross-dock in Europe to control a majority of the shipping and delivery process, to continue to offer a best-in-class customer experience.
- Senior Management Team: Our team has decades of experience both across online & physical channels along with extensive experience scaling businesses globally and growing online & offline models in the USA, EMEA and APAC.
- Sam Darwish: In 2011 Sam Darwish launched La Dolce Vitae, bringing together his interests in fashion and technology, as well as his experience in, wholesale and retail. His vision was to create a single portal, offering the leading luxury brands at a discount. Sam has been involved in the fashion since 2001 launching an online fashion business
inrends.com and 2003 opened 3 multi-brand luxury stores - Boutique Royale. He also opened the Salvatore Ferragamo Boutique in Jordan. In 2014 he became the VP of buying at MarkaVIP.com in Dubai – UAE until the company was acquired in 2018. - Kent Helbig: Kent has had a 25+ year career in technology and operations, with the last 15 being focused on building, scaling and running high value eCommerce stores and marketplace in the USA and APAC markets. Some of the companies he has either joined at an early stage, or built and scaled internationally include Gilt.com/Gilt Japan, Ashford.com, CoEdition (which became Cortina) and now is focusing his efforts on La Dolce Vitae.
- Investment & Use of Funds: To achieve the Company’s objectives, La Dolce Vitae is seeking $2,000,000 in investor funding or debt financing.
- Marketing
- Logistics
- Hiring
- International Expansion
- Reserve to account for any type of delayed fulfillment or opportunistic vendor investment
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