In April this year We learned from comments on social media that sales in the Femi Stories online store have been suspended and the stationary store at ul. Browarna 4 in Warsaw, where the final sale of goods was held on April 18 with 90 percent. reduction.
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They run 218 stores in Poland. They are taking over a well-known brand
Femi Stories is still looking for an investor
There is also an offer for sale of the Femi Stories/Femi Pleasure brands on the Szukam-inwestora.com website. The owner, FP Brand sp. z o. o., wanted to obtain PLN 3.1 million for them (a transaction based on the owned rights, not entry into the company). As reported, the sale was related to plans to liquidate/close the company.
Femi Stories is still looking for a new owner, but now the company costs PLN 5 million. As we read in the announcement, in the peak years 2019-2021, the company achieved PLN 20 million in revenue at 15%. EBITDA. As we learned, the company closed 2022 with a net loss of PLN 2 million.
The price for Femi Stories has changed (for: Szukam-inwestora.com)
The price includes all rights to the Femi Stories and Femi Pleasure trademarks, internet domains and all brand profiles on Facebook and Instagram, plus the Facebook Second Hand group – we read in the announcement.
What do we know about Femi Stories
Femi Stories is a Polish brand founded in 2008. It was inspired by nature and surfing culture. FP Brand sp. z o. o. was established in 2013. Since 2016, its president has been Amadeusz Król.
