About Deramores Retail
Deramores Retail is a company based in Sittingbourne (United Kingdom) founded in 2010 was acquired by LoveCrafts in February 2022.. The company has 153 employees as of March 31, 2021. Deramores Retail offers products and services including Yarn, Knitting Patterns, Crochet Patterns, Cross Stitch Kits, and Fabric. Deramores Retail operates in a competitive market with competitors including Ribblr, Stitch & Story, Elizabeth Rocca, Wool Warehouse and Homemakery, among others.
- Headquarter Sittingbourne, United Kingdom
- Employees 153 as on 31 Mar, 2021
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Lovecrafts Group Limited
- Date of Incorporation 17 Mar, 2010
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
$59.02 M (USD)122as on Mar 31, 2021
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Net Profit
$-16.27 M (USD)-50as on Mar 31, 2021
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EBITDA
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Latest Funding Round
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Investors
LoveCrafts
& 1 more
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Employee Count
153
as on Mar 31, 2021
- Acquired by
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Products & Services of Deramores Retail
Deramores Retail offers a comprehensive portfolio of products and services, including Yarn, Knitting Patterns, Crochet Patterns, Cross Stitch Kits, and Fabric. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Fibers like wool and acrylic for knitting and crochet projects
Designs for creating garments and accessories via knitting
Instructions for crochet items like blankets and toys
Complete sets for embroidery and cross stitch projects
Cotton and other fabrics for sewing and quilting activities
Funding Insights of Deramores Retail
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Deramores Retail
Deramores Retail has secured backing from 2 investors. Prominent investors backing the company include LoveCrafts and Ideal. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Home shopping products are retailed directly to UK consumers.
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Founded Year | Domain | Location | |
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Social commerce platform for craft makers is provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Deramores Retail
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Deramores Retail
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Deramores Retail Comparisons
Competitors of Deramores Retail
Deramores Retail operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ribblr, Stitch & Story, Elizabeth Rocca, Wool Warehouse and Homemakery, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Platform for crafters to connect, buy, sell patterns, and use interactive tools.
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| domain | founded_year | HQ Location |
Internet first brand of handcrafted knitwear and supplies
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| domain | founded_year | HQ Location |
Online platform offering sewing kits and home decor products
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| domain | founded_year | HQ Location |
Online seller of yarn, wool, patterns, needles, and crafting materials.
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| domain | founded_year | HQ Location |
Online store for craft materials like fabrics, yarns, and sewing tools.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Deramores Retail
When was Deramores Retail founded?
Deramores Retail was founded in 2010.
Where is Deramores Retail located?
Deramores Retail is headquartered in Sittingbourne, United Kingdom.
How many employees does Deramores Retail have?
As of Mar 31, 2021, the latest employee count at Deramores Retail is 153.
What is the annual revenue of Deramores Retail?
Annual revenue of Deramores Retail is $59.02M as on Mar 31, 2021.
What does Deramores Retail do?
Deramores is an online retailer of knitting crochet supplies offering yarns, needles hooks, patterns books, accessories etc., from leading brands such as Sirdar, Scheepjes, Stylecraft, Blue Sky Fibers, SweetGeorgia etc. It claims to offer 100k products from leading brands as of Nov 2016. It also offers its own brand of yarns. The website is operational in Europe, North America and Australia. It was finalist in Pure-Play Etailer of the Year at Oracle Retail Week Awards 2015.
Who are the top competitors of Deramores Retail?
Deramores Retail's top competitors include Stitch & Story, Elizabeth Rocca and Ribblr.
What products or services does Deramores Retail offer?
Deramores Retail offers Yarn, Knitting Patterns, Crochet Patterns, Cross Stitch Kits, and Fabric.
Who are Deramores Retail's investors?
Deramores Retail has 2 investors. Key investors include LoveCrafts, and Ideal.