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Expected Close Date
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March 15, 2024
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Target Raise
-
$25.00K-$50.00K
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No. Investors
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11
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Security Price
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$1
- Number of Employees
- 1
- Cash
- $2,078
- Revenue
- $19,998
- Short Term Debt
- $0
- Cost of Goods
- $7,143
- Long Term Debt
- $0
- Net Income
- $-14,326
Company Description
Luna Selene, a small-batch footwear brand, is on a journey to expand its celebration of women through meticulously handcrafted footwear. Since the spring of 2021, Luna Selene has exclusively produced its shoes in Italy, with each style limited to less than 100 pairs per batch. The brand's commitment to quality is evident as master artisans carefully craft timeless designs, preserving the art of shoemaking. Luna Selene proudly sources leathers from the Marche region of Italy, a footwear district located within miles of the fifth-generation, family-owned factory. With a focus on everyday elegance and the enduring essence of femininity, Luna Selene continues to scale its vision of offering exceptional, limited-edition footwear for women.
Key Deal Facts
Two years after launching the company, Luna Selene held its debut fashion show at New York's prestigious Fashion Week. Additionally, Luna Selene is a proud member of the National Accessories Council, based in New York City, alongside major brands including Vera Bradly and Tory Burch., In 2021, founder Shannon Slack received the Pittsburgh Professional Women's Influential Leadership Award, endorsed by the Office of the Mayor of Pittsburgh., In the last three years, Luna Selene has seen an improvement in net cash from operations, growth in retained earnings, and an increase in total assets.