|Very serious about delivering shoes|
I visited the company's offices in Sao Paulo recently to meet co-founder and co-CEO Peter Ostroke. Together with his counterpart, Andre Beisert, and backed by Monashees Capital, Peter co-founded the company about a year ago selling shoes, handbags and jewelry. Since then they have grown the company's product offering and signed several branding deals with leading Brazilian designers. These include Didi Wagner, a TV show host, and Andre Lima, a high-end dress designer. The company also recently had Ms. Lima's designs featured in a runway show at Sao Paulo Fashion Week, LatAm's largest.
|Peter with the design studio|
|Ideas for the next designs|
Putting together a full supply chain and creating a brand while operating a retail business are obviously not easy tasks. But for those that can pull it off, the result can be a high margin business with significant barriers to entry. Good luck to Peter, Andre and team.