![]() | |
Industry | Online Retail |
---|---|
Founders | Dean Ramler |
Headquarters | Australia |
Areas served |
|
Products | Housewares |
Owner | Temple & Webster |
Website | Milan Direct |
Milan Direct was an Australian-based furniture company [1] that is now sold as a private label under the Temple & Webster brand. [2] The company was founded in 2006 [3] and operates primarily through an online marketplace. [4] [5]
Milan Direct was bought by online retailer Temple & Webster in 2015 for $20 million, [6] [7] [8] and is traded under TPW on the ASX. [9]
Milan Direct was founded in 2006 by Ruslan Kogan and Dean Ramler. Previously, Kogan had launched an online electronics retail business, [10] and Ramler's family has had a history of furniture design and production. [11] The company sells both modern and retro furniture [3] [12] and uses a direct to consumer distribution method. [3]
By 2010, the company had a revenue of $5.3 million and was named to the BRW Fast Starters list. [13] In 2011, Milan Direct generated $6.7 million in revenue and $12.6 million in 2012. [14]
In November 2015, Temple & Webster acquired Milan Direct ahead of its IPO. [7] [8] [15] In 2016, Milan Direct opened its first brick and mortar retail location in Richmond, Victoria. [16] [17] In December 2016, Temple & Webster absorbed Milan Direct, shut down its website and began selling its products from the Temple & Webster website as a private collection. [18]
![]() | |
Industry | Online Retail |
---|---|
Founders | Dean Ramler |
Headquarters | Australia |
Areas served |
|
Products | Housewares |
Owner | Temple & Webster |
Website | Milan Direct |
Milan Direct was an Australian-based furniture company [1] that is now sold as a private label under the Temple & Webster brand. [2] The company was founded in 2006 [3] and operates primarily through an online marketplace. [4] [5]
Milan Direct was bought by online retailer Temple & Webster in 2015 for $20 million, [6] [7] [8] and is traded under TPW on the ASX. [9]
Milan Direct was founded in 2006 by Ruslan Kogan and Dean Ramler. Previously, Kogan had launched an online electronics retail business, [10] and Ramler's family has had a history of furniture design and production. [11] The company sells both modern and retro furniture [3] [12] and uses a direct to consumer distribution method. [3]
By 2010, the company had a revenue of $5.3 million and was named to the BRW Fast Starters list. [13] In 2011, Milan Direct generated $6.7 million in revenue and $12.6 million in 2012. [14]
In November 2015, Temple & Webster acquired Milan Direct ahead of its IPO. [7] [8] [15] In 2016, Milan Direct opened its first brick and mortar retail location in Richmond, Victoria. [16] [17] In December 2016, Temple & Webster absorbed Milan Direct, shut down its website and began selling its products from the Temple & Webster website as a private collection. [18]