IKIRU
My account manager took the time to get to know me and provided customized solutions that personalized the experience. BDC is always there for me.
Dan Liu
CEO and Creative Director
Company founder is an award-winning fashion designer
About the company
Parent company of the Tatsuaki fashion label, which specializes in high-quality Japanese-inspired clothing, jewellery and accessories sold in Canada, U.S.A. and Japan
Location: Toronto, Ontario
Industry: Manufacturing
Entrepreneur challenge
As the fashion label’s international popularity rose, orders grew by more than 200% over previous years. The company needed to act quickly to increase production capacity and meet demand. The business required more working capital rapidly and, at the same time, it needed to improve its digital presence and boost online sales.
BDC expertise
Recognizing the company’s challenges with its rapid growth, BDC provided a quick turnaround working capital loan to ease the immediate shortfall. The bank then helped the company finance its international expansion. BDC’s digital technology experts also helped with a marketing road map and practical advice on maximizing digital investments.
Results
- Increased its production capacity by investing in production equipment and software programs
- Helped company reach a new level of growth
- Reached sales revenue of more than $2 million USD annually worldwide