Associated equity: Unbound Group
Unbound Group is the parent company for a group selling a range of brands focused on the over-55 demographic. It will build on the foundation of its main business, Hotter Shoes, to grow value through a curated multi-brand retail platform with a range of complementary products and services.
Unbound Group — 1 video in collection
In this interview, we introduce Ian Watson (CEO) and Dan Lampard (CFO) of Unbound Group, which began trading on AIM on 1 February 2022. Ian begins by providing an overview of the core business, Hotter Shoes, the significant changes he has made since joining in 2019 and the company’s expected structural growth drivers. He then highlights the plans to develop the business beyond the core of footwear to offer a broader range of new and complementary own-brand and third-party products and services, which will appeal to its core demographic, people aged 55+. Dan provides some insight into the company’s financials by giving an indication of expected growth rates from the core business and the wider Unbound Group, and its investment requirements. Finally, Ian summarises how the business fared in 2021.
Our initiation note can be found here: https://www.edisongroup.com/publication/a-platform-for-growth-3/30459/ and our flash note for the FY22 trading update can be found here: https://www.edisongroup.com/publication/a-reassuring-debut/30533