19
KHIRY Investor Presentation March 2017

Khiry - Luxury Reimagined

Embed Size (px)

Citation preview

Page 1: Khiry - Luxury Reimagined

KHIRYInvestor PresentationMarch 2017

Page 2: Khiry - Luxury Reimagined

STIFLING PERCEPTIONS OF BEAUTY & LUXURY

French ItalianItalian FrenchFrench

Luxury fashion is distinctly European with nearly every fashion house founded and based out of Milan or Paris.

Italian French French Italian Italian

Italian

Page 3: Khiry - Luxury Reimagined

KHIRY will be the first luxury fashion brand that will stray from a traditional European

origin.

KHIRY will expand the definition of luxury and create a new paradigm

for aspiration, highlighting the beauty, richness, culture, and

heritage of the African Diaspora.

LUXURY REIMAGINED

Page 4: Khiry - Luxury Reimagined

KHIRY Collection

• DesignandproductdevelopmentinNewYorkCity• FinalmanufactureinThailand

• Vermeil construction(18kgoldorrhodiumplatedsterlingsilver)• Shortestleadtimerelativetootherproductcategories

• Pricepointsrangingfrom$240to>$1,000• Grossmarginsexceeding70%

Page 5: Khiry - Luxury Reimagined

DEBUT COLLECTION

“CLEAN AND UNADORNED – LIKE GESTURAL BRUSH STROKES WORN ACROSS A WRIST OR FINGER.”

– New York Times, T Style Magazine

SPRING 2017

Page 6: Khiry - Luxury Reimagined

FALL 2017 COLLECTION

Page 7: Khiry - Luxury Reimagined

TRACTIONPressfollowingSeptember2016NewYorkFashionWeeksoft-launch:

$25,670Raised on Kickstarter, 125% of goal

achieved in June 2016

Page 8: Khiry - Luxury Reimagined

• Accessories: 30% of the personal luxury goods market | 3% sales growth last year

(Bain, Luxury Goods Worldwide Market Study, 2015)

• Apparel & Fashion: $67 billion retail sales value | Jewelry: $16 billion retail sales value

(Bain, Luxury Goods Worldwide Market Study, 2015)

• Steady rise of online sales

(McKinsey&Company, The Opportunity in Luxury Fashion, 2015)

MARKET

Page 9: Khiry - Luxury Reimagined

POSITIONING

Fine Jewelry

More Expensive

Less Expensive

Fashion Jewelry

Price point: HighDesign: Bold, luxe statement

B Traditional Luxury Houses (Louis Vuitton, Alexander McQueen, Chanel)Price point: HighDesign: Outmoded designs that sell solely on brand equity

A The Comp(Aurelie Bidermann, Sophie Buhai, Charlotte Chesnais, Maiyet)Price point: HighDesign: Uncompelling designs with indistinct brand narratives

C Mid-line Fashion Jewelry (Paul Mendoza, Pamela Love)Price point: MediumDesign: Ranging from simple to bold, unimpressive quality

A

B

C

KHIRY

Page 10: Khiry - Luxury Reimagined

UNFAIR ADVANTAGE• Expansiverelationshipsinfashionphoto/videoproductionrangingfromphotographers,stylists,modelagencies,hairandmakeupartists

• Strongpressfollowingandinterestinthebrandfromtopfashionpressoutlets

• GrowingrelationshipswiththetopluxurywholesalebuyersinNewYorkCity

• Expertiseinfashionlogisticsanddistribution

• Strong,relevantbrandidentityandmessage

Page 11: Khiry - Luxury Reimagined

CUSTOMER PROFILESFashion aware woman

High earner not rich yet (HENRY) splurges on fashion purchases, younger, high online/social interaction, specialty

store and e-commerce focus

Price insensitive professional womanRegular designer shopper, older, brick-and-mortar department

store focus

Gift shoppersLower fashion awareness, high reliance on reputable voices in fashion, holiday-intensive shoppers, reliance on gift guides, e-

commerce and department store focus

Page 12: Khiry - Luxury Reimagined

B2C RETAIL

E-commerce • Site relaunch April 2017• Seamless path to purchase• Houses brand creative content

Pop-Up Shops • Consumer interacts with brand directly• Test new geographic markets• Short-term brick & mortar during key

selling times

B2B WHOLESALEDepartment Stores • Traditional luxury consumer• High brand exposure

Specialty Stores • Discerning fashion consumer• Builds perception of exclusivity

E-retailers• Access to a broad range of consumers• Entry to international distribution

Page 13: Khiry - Luxury Reimagined

MARKETING CYCLE

KHIRY MARKETING CONTENT

Brand partnerships

In-house blog content (launching in Spring 2017)

In-house image and video production PRESS

Fashion editorials

Online features–interviews, gift features, brand news articles

Celebrity/blogger features

SOCIAL MEDIA & EMAIL

Reposts/newsletters of press features, editorials, and celebrity sightings

Curation of brand blog features, inspiration, product images, and in-house creative assets

Page 14: Khiry - Luxury Reimagined

LONG TERM VISION

• Complete luxury brand with a full assortment across product categories

• Origin in accessories adds authenticity to the high-margin category (a cash-cow benchmark in the industry)

• Khartoum Silhouette logo synonymous with KHIRY’s distinctive take on luxury

Page 15: Khiry - Luxury Reimagined

TEAM

Chief Executive Officer, Barneys New York

Daniella Vitale

Jameel MohammedFounder and Creative Director

Hollis De LaneyMarketing Manager

ADVISORS

Director of Operations

Marc Butakis

Managing Partner,Threadstone LP

Billy SusmanPresident, U1 TechnologiesInvestor, Margaretta Colangelo Ventures

Margaretta ColangeloTechnologies

Venture & Private Equity

Page 16: Khiry - Luxury Reimagined

PAST INVESTMENTSMART Consulting

Deal closing by April 1$75,000

Marc Butakis, Director of Sales Operations and Customer Services, Marc Jacobs InternationalAugust 2016

$25,000

KICKSTARTER CampaignJune 2016$25,000

Page 17: Khiry - Luxury Reimagined

SEEKING INVESTMENT

$250,00 - $350,000

FUND ALLOCATION TO OPERATING EXPENSES

Creative Content

Photographers & Videographers

Stylists

Models

Hair & Make-up Artists

Set Design & Studio

Development and Manufacturing

Packaging Development

Shipping and Fulfillment

Accounting

Legal Services

Web Dev & Hosting

Insurance

AdministrativeProductPromotional Events

Trunk Shows & Pop-up Shops

Physical & Digital Ad Spend

PR & Sales Showroom

Marketing

Page 18: Khiry - Luxury Reimagined

SEEKING ADDITIONAL SUPPORT

1. Introductions to retail channel buyers

2. Introductions to press outlets and editors

3. Introductions to celebrities for marketing partnerships

4. Strategic business and retailing advisors

Page 19: Khiry - Luxury Reimagined

CONTACT

[email protected]@KHIRY.com

www.KHIRY.com

Instagram@KHIRYofficial