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Overfunding
overfunding
Planks Clothing
days left
7
109%
Raised
£328,390
Investors
203
Target
£300,000
Equity
4.09%
Pre-money valuation
£7,700,000

Planks is a skier's brand, experience and community with a passion for the outdoors and our planet, ethically producing technical ski clothing and streetwear. Strong YoY growth, £1.65m prior year turnover, with leading stockists including ASOS, Snow & Rock, Ellis Brigham, Surfdome, BlueTomato.

  • £1.65m Turnover in prior year, 40%-50% YoY revenue growth for 3 years.
  • Ethical practices: >1m plastic bottles recycled into garments to date.
  • 4 dedicated Planks stores. Official Kit Supplier to GB Snowsport.
  • Online orders of >15,000 to 15 countries in last 12 months.

Idea

Founded by ex-professional skier Jim Adlington, Planks is a British ski brand built on our passion for skiing, producing technical performance ski clothing & streetwear. Building a strong following & loyal community amongst seasonaires & holiday makers alike, Planks has experienced strong YoY growth, turning over £1.65m in the last 12months (EBITDA -£581k).

Planks has a multi-channel approach, with sales through its own eCommerce site growing 69% in 2yrs & its B2B wholesale channel has grown 88% in last 12 months with leading stockists incuding ASOS, Snow&Rock & Ellis Brigham. Planks also has 4 unique retail spaces & an accompanying cafe in some of Europe’s top ski resorts including Val d'lsere, Meribel, Tignes and Morzine.

A core aspect of Planks identity is its love of the planet. Planks' design & production team are constantly striving to improve their production techniques to lessen environment impact. Planks uses Blue-sign approved fabrics & incorporates Repreve recycled yarns into 68% of its collection, recycling over 1 million bottles so far.

Planks intends to expand its multi-channel approach creating strong, supportive & cohesive communities in each resort. The vision sees Planks as much more than a ski wear company, transforming ski wear, the skier experience & the broader community in a way which Rapha has impacted cycling over the last 15 years.

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Planks Clothing

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Successfully Invested
£689m+
Registered Investors
771k+