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Love the Sales is the world’s top-rated marketplace for discounted fashion. A 2021 Drapers Disruptor with 100+ retail partners, Love the Sales is here to help make the discount fashion sector more sustainable. They are raising funds to fuel customer acquisition and to develop a mobile app.

  • 100+ curated retail partners inc. Ralph Lauren, ASOS, Reiss and Ted Baker
  • Drapers Disruptor Finalist 2021 and Global Ecommerce Award Winner
  • 9 million shoppers visited Love the Sales in the last 12 months
  • Love the Sales’ revenues grew 2.3x over the pandemic
Information £915,967 of funds on the progress bar represent funds raised by the Company prior to launching the campaign. The Company has already received these funds, and completion will be at the same time as the Crowdcube raise.

Idea

The £1.3tr fashion industry is facing a big problem, it sends 21bn tonnes of clothing to landfills each year. Love the Sales was set up in 2015 to address this issue head-on.

Fashion’s overproduction and underselling can be solved by technology; our marketplace. Powered by innovative machine learning, we match branded products with the people who are most likely to buy them and take a commission on each transaction. We’ve been nominated as a 2021 Drapers Disruptor for the impact we’re having on the fashion industry.

We’re founded and funded by retail experts, investors include the founder of fashion industry giant New Look and the ex CEO of Harrods and Saks Fifth Avenue.

Our customers love our shopping experience, we’re the top-rated discount fashion marketplace based on Trustpilot reviews.

Our revenue grew over the Covid pandemic, which proved a tough time for the majority of retail. Our Jun-Aug '19 revenue was £96,098 but increased 2.3x to £242,231 for the same period in 2021 (total CY revenue to Sept'21 £704k & EBITDA -£549k).

We’re raising funds to fuel customer acquisition and get ever closer to our consumer base by developing a mobile app.

So, if you want to help save the planet from the negative effects of the fashion industry, and help everyone dress a little better, we would love you by our side.

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Risk warning

Investing in start-ups and early stage businesses involves risks, including illiquidity, lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio. Crowdcube is targeted exclusively at investors who are sufficiently sophisticated to understand these risks and make their own investment decisions. You will only be able to invest via Crowdcube once you are registered as sufficiently sophisticated. Please click here to read the full Risk Warning.

Crowdcube is authorised and regulated by the Financial Conduct Authority (FCA) and the Comisión Nacional del Mercado de Valores (CNMV). This page has been approved by Crowdcube. Pitches for investment are not offers to the public and investments can only be made by members of crowdcube.com on the basis of information provided in the pitches by the companies concerned. Further restrictions and Crowdcube's limitation of liability are set out in the Investor Terms and Conditions.

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.

Love the Sales 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.