ACHICA is the leading online members-only luxury lifestyle store, where members enjoy luxury brands combined with excellent value for money. Members can expect to save up to 70% off RRP on leading Home, Lifestyle, Fashion, Food & Drink, Art & Object, Childrenswear & Nursery and Travel through 48 and 72 hour promotions, with many well-known and new exciting brands included. Smart shoppers can be assured of being presented with high quality labels getting the most value for their money without compromising on style.

Launched in February 2010, partners Quentin Griffiths and Will Cooper were confident that even during the worst of the recession, people would still love value. Over two years later their prediction has surpassed all expectation. Membership growth alone has risen to over 1.5 million since launch and is growing rapidly.

Type
Private
HQ
Cheltenham, GB
Founded
2010
Employees
76 (est)+2%

Key People at ACHICA

Oliver Becker

Oliver Becker

Head of Finance
Mark Hall

Mark Hall

Commercial Director
Mark Hodson

Mark Hodson

Chief Marketing Officer
Quentin Griffiths

Quentin Griffiths

Co-Founder
Steve Robinson

Steve Robinson

CEO
William Cooper

William Cooper

Co-Founder & CEO

ACHICA Locations

Cheltenham, GB

ACHICA Metrics

ACHICA Summary

Founding Date

2010

Market valuation

£157 M

Total Funding

$13.3 M

Time since last funding

over 2 years

ACHICA Financials

FY, 2012FY, 2013FY, 2014

Revenue

£37.1 M£55.7 M£58.6 M

Revenue growth, %

50.3%5.2%

Cost of sales

£31 M£48.3 M£54.8 M

Gross profit

£6.09 M£7.39 M£3.8 M

Gross profit Margin, %

16.4%13.3%6.5%

Operating expense total

£14 M£18.1 M

ACHICA Online Presence

ACHICA Company Life

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