Cabi LLC
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Cabi LLC - overview
Established
2002
Location
Los Angeles, CA, US
Primary Industry
Retail
About
Cabi LLC is a fashion retail company specializing in personalized styling services and a curated selection of women's clothing and accessories, providing a unique shopping experience. Cabi LLC operates as a fashion retail company that combines personal styling services with women's apparel offerings. Founded in 2002 in Los Angeles, US, the company has made three significant deals, with the most recent occurring on May 3, 2022. The firm was established by a team of founders, including Anne Hunter, Cynthia Mertensmeyer, Karen Kohlan, Linda Nelson, and Sydney Ryan.
The current leadership includes CEOs Kathy Beck, Katie Malone, Kimberly Inskeep, and Lin Ho. Cabi LLC primarily offers a distinctive fashion retail experience that centers around personal styling services paired with a carefully curated selection of women's clothing and accessories. Its product range includes a variety of apparel such as dresses, tops, and bottoms, alongside various accessories designed to present stylish options for women. The company focuses on a personalized shopping experience, where clients can work with personal stylists for tailored outfit recommendations, effectively addressing common retail frustrations such as time constraints and overwhelming choices.
Cabi operates mainly in North America, specifically in the United States and Canada, and has expanded its market reach through direct sales and personal styling events conducted in private homes, promoting a community-oriented shopping approach. Cabi LLC generates revenue through direct sales of its fashion products, facilitated by personal stylists who host shopping events and provide customized styling sessions. Transactions often involve stylists presenting a curated collection to clients, resulting in immediate purchases and fostering ongoing customer relationships. Each stylist earns commissions on sales, creating an incentivized environment that enhances engagement for both stylists and customers.
The company's pricing strategy includes notable markdowns for those hosting shows, enabling them to receive a 50% discount on items, thereby boosting overall sales volume. Additionally, Cabi has initiated social programs like the 'Buy One, Give One' campaign, which potentially enhances customer loyalty and brand reputation, positively impacting sales. Cabi LLC is strategically planning to expand its product offerings with new fashion lines set to launch in the upcoming year, aiming to diversify its catalog further. The company is also focusing on geographic expansion into additional markets across the US and Canada by the end of 2023.
Recent funding from the deal on May 3, 2022, will support these initiatives, enhancing product development and facilitating entry into new markets.
Current Investors
Sentinel Capital Partners
Primary Industry
Retail
Sub Industries
Accessories, Clothing, Clothing Stores
Website
www.cabionline.com
Verticals
E-commerce
Company Stage
Mature
Total Amount Raised
Subscriber access only
Cabi LLC - financials
| Fiscal Year Ended | Dec 31, 2016 |
|---|---|
| Revenue (USD) | - |
| % Revenue Growth (YoY) | - |
| EBITDA (USD) | - |
| Operating Income (USD) | - |
| Operating Margin | - |
| % EBITDA Margin | - |
| NET Income (USD) | - |
| % Net Margin | - |
Cabi LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private Debt | Completed | Cabi LLC | - | ||||||||
| Secondary Buyout | Completed | Cabi LLC | - | ||||||||
| Recapitalisation | Completed | Cabi LLC | - |
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