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121%
Raised
£242,310
Investors
221
Target
£200,000
Equity
9.17%
Pre-money valuation
£2,400,000

Clothes Doctor is an award-winning, 5-star rated, digital clothing maintenance service that launched in 2017. With the aim to shake up a dated industry and tackle fashion waste, the company provides tailoring and repairs through its digital portal or via in-store services.

  • Orders received grew 321% YoY in September 2018.​
  • Revenue generating in-store relationships; John Lewis, Karen Millen
  • Press coverage from Evening Standard, Independent, Guardian, Metro
  • Over 5,900 unique visitors to their website in September

Idea

UK consumers spend £53bn on clothing annually, but we believe the online tailoring and repairs market is largely untouched by the digital revolution. Clothes Doctor aims to become the UK’s largest wardrobe maintenance service, with digital convenience, 5-star quality, and sustainability at its core. Customers request our service via our website, or indirectly via our in-store partners.

Since launch in July 2017, Clothes Doctor has performed over 2000 repair and reworking services and has over 100 4-star/5-star TrustPilot and Google reviews. We have received numerous accolades including The Good Web Guide’s ‘Really Useful’ award, as well as praise from The Independent, Evening Standard, and The Guardian to name a few.

Clothes Doctor takes a bigger role in society, to combat the growing problem of fashion waste. We work with forward-thinking brands, including John Lewis and Karen Millen, to offer integrated Clothes Doctor services in-store, and are in talks with more retailers regarding national roll-outs.

Funds will be used for:

-Tech development to allow order fulfillment at a bigger scale; strengthening of bespoke back-end systems

-Expansion of revenue generating retail partnerships

-Adding at-home fitting services through skilled tailor partners

-Digital marketing to drive high spending, loyal customers.

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Risk warning

Investments of this nature carry risks to your capital, including illiquidity, lack of dividends and dilution. Balance risk with a diversified portfolio. Read more. Approved as a financial promotion by Crowdcube Capital Limited, which is authorised and regulated by the Financial Conduct Authority.

Investment opportunities are not offers to the public and investors must be eligible Crowdcube members. Further restrictions and Crowdcube's limitation of liability are set out in the Investor Terms and Conditions. Please seek independent advice as required as Crowdcube does not give investment or tax advice.

Clothes Doctor has been given advance assurance by HMRC that the proposed share issue is likely to qualify for Enterprise Investment Scheme (EIS) tax relief.

Tax relief is available to individuals only, with income tax relief currently set at 30 per cent of the cost of the shares for the tax year in which the investment was made. The tax reliefs can also reduce your Capital Gains Tax bill. Read More.

Availability of tax relief depends on your individual and the company’s ongoing circumstances and applicable law.