Rolf Weber (right)
founded brandsExclusive with Daniel Jarosch in 2009, beginning with fashion then expanding into homewares and lifestyle products early this year.
Photo: Louise Kennerley
Revenue growth of more than 1300 per cent over the past three years has put fashion website group brandsExclusive (Australia) in first place among the nation’s fastest-growing technology companies, according to Deloitte.
With a member base of 2 million and growth of about 90,000 members a month, the by-invitation shopping club has won Deloitte’s Technology Fast 50 awards, which recognises fast-growing companies with revenue more than $50 million.
“We always knew that there was a high chance of failure,” said Rolf Weber, managing director of brandsExclusive. “But if you don’t do things because there is a chance of failure, where are you going to end up?”
He co-founded the business with Daniel Jarosch in 2009, beginning with fashion then expanding into homewares and lifestyle products early this year. Jarosch had experience with other technology companies as a founding shareholder of online shoe retailer Styletread and co-founder of group-buying site Spreets.
Weber brought management and logistics experience to the table having worked for homewares giant Ikea.
The company has just launched in New Zealand.
Total revenue for this year’s Fast 50 winners was about $2.4 billion, up from $2.2 billion last year.
Second place went to biodiesel company Australian Renewable Fuels with growth of 1236 per cent.
Solveit Software, which produces predictive software, was third at 679 per cent.