TBMBM, Owner of PinkCherry, Expands to Lingerie Market Citing a Huge Gap in the Canadian Market
TORONTO, ON–(Marketwired – January 26, 2016) – TBMBM is using their proven success to enter the lingerie market in Canada. They purchased the pricy domain LACE.com and are using their resources and expertise to create a site that meets the demands of the Canadian market for both standard and plus sizes.
TBMBM is a family owned and operated business with a track record of successful e-commerce sites. Their current operation started with a few folding tables and a small initial investment and now employs over 40 people in two countries. Their growth in just eight years is credit to an eager Canadian market that was lacking a reliable and affordable Canadian based site to purchase adult novelties and lingerie. PinkCherry.com opened their adult e-commerce site in 2008 and continues to double their business year over year. In 2009 they opened their Canadian wholesale site and in 2010 they moved from their original 6,000 square foot warehouse to a 25,000 square foot facility to meet consumer demand. A new expansion occurred in 2014 with the opening of a 40,000 square foot Las Vegas warehouse to meet the American market. LACE.com is the newest venture aiming to fill the gap for competitively priced lingerie in Canada.
Their simple, yet extremely successful philosophy, is to give the consumer exactly what they want from an online experience. LACE.com prides itself on excellent customer service, competitive pricing and fast shipping. “We are sparing no expense to make LACE.com the go to site for lingerie in Canada,” says Daniel Freedman, CEO of TBMBM, “We understand what the Canadian market wants and needs and we plan to give it to them.”
TBMBM offers consumers and retailers a one-stop shop for buying and selling adult novelties and lingerie.TBMBM has both Canadian and American online stores (http://www.LACE.ca/com) as well as a Wholesale division.