Great Service and product, from start to finish I enjoyed my experience with pacifico, great selection of glasses, extremely short delivery times and really cool/well designed packing. All the small details and additions were noticed and highly recommended.
These sunnies fit and feel amazing. Lenses are great to look through (and polarised too!) and prescription has been executed perfectly. Great sunnies for a great price.
Pacifico Optical was born in 2015 between swims at Bondi Beach, and the brand is infused with the area's relaxed coastal lifestyle. The sunglasses push the boundaries of ‘affordable luxury’, so that all consumers can enjoy the perks of high-quality glasses, without paying premium prices, creating a loyal following in Australia and now beyond.
This strong following is one of the reasons Pacifico Optical is undertaking an equity crowdfund so its loyal customers and all lovers of good sunglasses can join it's next growth phase, potentially making a return on their investment, whilst also getting discounts on sunglasses. With the funds raised, the company plans to create a more female-focused line, expand into omni-channel retail and further expand into prescription eyewear and the US market.
Sold over 10,000
pairs of sunglasses
Loyal following of
Revenue growth of 197%
Without previous funding and no marketing budget allocated to foreign markets, Pacifico has had great traction to date, selling over 10,000 pairs of sunglasses in 56 countries. Distributing both directly to consumers and via other brands including The Iconic, Huckberry and Amazon, there is major growth potential to expand its customer base quickly and retain them with a current re-purchase rate of 40%.
The company has recently expanded into prescription eyewear which can be claimed under HICAPS. This offers a huge opportunity for the eyewear label with Australia’s ageing population resulting in approximately seven million pairs of prescription glasses being purchased every year.
What is equity crowdfunding?
Equity crowdfunding became accessible to all Australian's over the age of 18 in January 2018. It's a new way to invest that enables broad groups of investors (‘the crowd’) to fund early stage companies in return for equity. It helps these companies access the capital they require and gives investors a chance to invest in businesses they are passionate about. Retail investors can invest up to $10,000. Sophisticated investors are unlimited in their investment.
If you want to know more about equity crowdfunding, head to the Equitise FAQs page.
How to invest:
If you have questions along the way about investing or about the offer, please don’t hesitate to contact the friendly team at firstname.lastname@example.org or instantly via the chat feature on the Equitise website.
Please consider the general risk warning and offer document (when it is available) before investing.