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Manufacturing and Retail

Planks Clothing

Status: Active

Apr 30th 2021 - May 30th 2021

15 days left

Planks is a British clothing brand that creates eco-conscious outerwear for skiers. The company is an omni-channel brand that sells Direct-to-Consumer (DTC) via planksclothing.com, through its Val d’Isère store and other retailers. Planks uses 'Bluesign' approved fabrics and incorporates 'REPREVE' recycled yarns into 68% of its products having recycled 1.5 million waste plastic bottles, in the process, so far. The company had a turnover of £1.85 million between May - June 2020. Planks has a growing community of 27,000+ customers that are a part of its Grassroots Tour initiative. Planks's loyalty platform, 'The FUSS', allows the brand's best customers to complete missions, create content and become brand advocates. The company will use the investment to continue international D2C expansion by improving customer experience in target markets via website localisation and digital marketing and sustain Business-to-Business (B2B) growth via digital wholesale accounts and integrated marketplaces.

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  • £840,252
    pledged
  • 168%
    of goal

    £500,000
    target

    £4,000,000
    pre-money valuation

    11.11%
    equity available

    424
    investors

    £1,982
    pledge per investor

    07086504
    company number

    Active
    company status

    25/11/2009
    incorporated 12 years

    £0.14
    share price


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Funding progress



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  • £840,252
    pledged
  • 168%
    of goal

    £500,000
    target

    £4,000,000
    pre-money valuation

    11.11%
    equity available

    424
    investors

    £1,982
    pledge per investor

    07086504
    company number

    Active
    company status

    25/11/2009
    incorporated 12 years

    £0.14
    share price

  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

As seen in:

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