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115%
Raised
£403,730
Investors
420
Target
£350,000
Equity
16.80%
Pre-money valuation
£2,000,000

Po-Zu is a leading pioneer in sustainable footwear. Recently launched a co-branded collection under license with a major film franchise. The company has increased monthly revenue by over 100% YOY since 2014 and has recently appointed founder and Global CEO of People Tree, Safia Minney MBE, as MD.

  • Co-branded range of footwear under license with major film franchise
  • Advisory board includes the former Vice President of Timberland
  • Ranked the no. 1 Ethical Shoe Brand for 11 consecutive years
  • Award-winning founder and designer Sven Segal has 20+ years experience
Information On Po-Zu's request, the campaign is extended to close on the 31st January 2018 at midnight. Please see the forum update for more detail.

Idea

Founded in 2006, by Sven Segal, Po-Zu’s mission is to be kind to your feet without compromising on aesthetics and ethics.

Po-Zu, has been ranked no. 1 by the Ethical Shoe Brand by thegoodshoppingguide.com for 11 years running, along with multiple sustainability awards: Best Ethical Fashion Brand 2017 - Fashion Worked Awards, and Entrepreneur of the Year 2013 - PEA People and Environment Achievement Awards.

The company has recently developed a co-branded range of footwear under license with a major film franchise, strengthening Po-Zu’s profile in the footwear market, by using sustainable materials and handcrafting the shoes in Portugal to make a highly-authentic, screen-accurate footwear based on the footwear worn by some of the main characters in the films.

The appointment of Safia Minney MBE in January 2017 as Managing Director of Po-Zu, founder of Fair Trade fashion pioneer, People Tree, brings extensive experience to develop the company and ethical supply chains.

Po-Zu has seen a 100% YOY monthly revenue increase with £174k in web sales in the last quarter vs. £96k in the previous year. (The company was operating at -£96k loss to end April 2017).

The money raised will help fund further international expansion, the set-up of a US distribution channel, and an ethical footwear line made in Sri Lanka, using Fair Trade Rubber and organic cotton. Commercial loans exist.

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Po-Zu 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.