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Zhik 2024 February Outlet - LEADERBOARD

Want to own a piece of Zhik? Zhik launch $4m crowd funding opportunity

by Zhik 14 Feb 2023 21:25 PST
Zhik launch crowd funding campaign © Zhik

Technical water apparel brand Zhik has released an introductory video to launch a crowd funding campaign giving everyday sailors and loyal customers the opportunity to become shareholders and invest in the company's future success.

Registration is now open following one of Zhik's most successful years, with sales growing 40% in the financial year ending June 2022.

Zhik are inviting sailors, brand followers and water sport enthusiasts to register. Successful investors will receive VIP perks associated with their level of investment.

Triple Olympic medallist, Mat Belcher, who stepped up from the Zhik Board to take over as CEO in October 2022, is leading the equity crowd funding campaign to raise AUS $4m to drive future growth. "This campaign kicks off an exciting new chapter for Zhik. Our investment plan is centred around continuing to drive our digital capabilities and working closely with our extensive trade partners to expand into new territories and grow market share," explains Mat. "Plus, we want to continue investing in developing more sustainable technical and lifestyle products, whilst expanding our range for the broader sailing, boating and watersports markets."

From the outset Zhik was born from a passion for design innovation and to question the norm creating breakthrough performance clothing enabling sailors to achieve their ultimate potential through being faster, drier, safer and more comfortable.

Valued at $28.5m, Zhik has the reputation of being the cutting-edge clothing brand in the industry, a positioning derived from a collaborative approach with champion athletes, combined with an unflinching focus on product development and improvement. Zhik's partnerships with Olympic medallists, America's Cup winners, Sail GP teams and around-the-world ocean race winners enable them to continually reach new audiences.

With an established network of trade partners and distributors stretching across 49 countries, Zhik's warehouses in Australia, the United Kingdom, Netherlands and America comprise a strong base for their global operations.

Zhik are working with Equitise, a unique leading equity crowdfunding platform. The Expression of Interest process will qualify potential investors alongside regional regulations and is open until 28th February, before the offer goes live and will run until 6 April 2023.

To join Zhik's journey to build innovative gear that drives the industry forward, discover more in this video with Mat Belcher and register your interest here.

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