Byredo
Fragrance house that currently includes perfume, body care, home fragrances and accessories.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
* | €1.0b Valuation: €1.0b | Acquisition | |
| Total Funding | 000k | ||
| EUR | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 28 % | 42 % | 33 % | 30 % | 46 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 7 % | 7 % | 8 % | 8 % | 9 % | 12 % |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 4 % | 1 % | 8 % | - | (1 %) | 10 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
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Byredo is a European luxury brand founded in Stockholm in 2006 by Ben Gorham. The company specializes in creating high-end perfumes, candles, and leather goods. Byredo aims to translate memories and emotions into products and experiences, offering a unique approach to modern luxury. The brand serves a global clientele, primarily targeting affluent consumers who value quality and exclusivity. Byredo operates in the luxury goods market, which is characterized by high margins and a focus on premium materials and craftsmanship. The business model revolves around direct-to-consumer sales through its website and physical stores, as well as partnerships with high-end retailers. Revenue is generated through the sale of luxury products, with additional income from limited edition releases and collaborations. Byredo's commitment to quality and emotional storytelling sets it apart in the competitive luxury market.
Keywords: luxury, perfumes, candles, leather goods, high-end, quality, exclusivity, direct-to-consumer, collaborations, craftsmanship.