Outland Denim, boosted by the acquisition of Melbourne-based Nobody Denim, has launched a crowdfunding campaign to fuel a new phase of global expansion for its brands.
Outland Denim, a company led by James Bartle and headquartered in the Tamborine Mountain region of the Gold Coast hinterland, is soliciting expressions of interest from investors on the Birchal platform after successfully raising $2.1 million in two rounds between 2020 and 2021.
Outland, which Bartle founded over a decade ago to create sustainable fashion and provide employment to women vulnerable to exploitation in Southeast Asia, attracted 1,800 investors in its initial rounds.
Outland has a manufacturing facility in Cambodia that employs local women, and previous capital raises were used to streamline production processes, incorporate specialized technology, and improve back-end systems at the facility.
Nobody Denim brings more than 60,000 customers and $5.6 million in revenue to the expanded Outland Denim group as of FY23 figures.
While Outland Denim has not disclosed revenue information, Bartle claims that the company’s previous capital raises have enabled it to increase its third-party manufacturing services by more than 400 percent.
“This diversified revenue stream has strengthened our operations, generating over $1 million in additional annual revenue and fostering positive social and environmental outcomes,” says Bartle.
Bartle states that the company intends to accelerate its global expansion and market share in the industry, which will result in the employment of more vulnerable women in the region. The crowdfunding campaign for Outland Denim is accepting expressions of interest until November 13, 2023.
