Handcrafted Sumatran Bags, Empowering Artisans
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Asking Price
$500
Detailed Information
Business Description
Banda Bags is a socially conscious brand that specializes in handcrafted bags from skilled artisans in Sumatra. Their product line features beautifully embroidered handbags with authentic designs inspired by Sumatra's cultural heritage, emphasizing quality and sustainability. The brand is dedicated to providing fair wages and empowerment to artisans while contributing positively to local communities. With nearly a decade of operation, Banda Bags has built a loyal customer base primarily comprising fashion enthusiasts and conscious consumers, with plans to expand into men's handbags. The business, operated by a two-person team, has achieved an average annual revenue of $690k USD online and is exploring opportunities to expand into B2B channels and increase PR exposure. Currently establishing a B2C sales channel in the UAE, Banda Bags aims to unlock its untapped potential. Looking ahead, Banda Bags sees significant opportunities for growth and success with the right team and resources. They believe that the brand is poised for expansion and are confident that with the right support, it can reach