Is this the next ASOS?

This could be an opportunity to get in early as the company builds on it's web presence and sales. Very few people are aware of this one and it is only now that they are starting to get noticed in the national press after achieving record sales in the run up to Christmas.
The company sells music related fashion to customers who want to get "the look" of their favourite bands.
With internet retailing growing at the rate it is and the massive market for this type of product, in time this could be a real winner.

www.ebtm.com



RNS Number:3459C

EBTM PLC

03 May 2006


EBTM PLC

3 May 2006


EBTM Plc
TRADING UPDATE - APRIL SALES 60% HIGHER THAN DECEMBER 2005

The Board of EBTM Plc, the AIM quoted online retail operation, announces that trading in the period to end April 2006, its year end, was above expectation.

The Company has integrated rapidly into the former e-retail business and its management is currently expanding its warehouse and distribution facilities and systems.

It also reports that sales in April were some 60% ahead of those of the previous record month of December 2005, encouraging the Board to be confident of achieving its current expansion plans.

Chairman Mark Watson-Mitchell commented

"The sales figures for April were excellent, way ahead of our previous record month, which was that leading up to Christmas 2005. Since March the Company's management, under Richard Breeden and Grant Calton, has moved apace in getting to grips with creating its ability to cope with the significant sales increases that are a major part of the expansion strategy."

For further information:


EBTM PLC 020 8704 0034


Richard Breeden (Chief Executive) 07973 563 529


Notes to Editors

EBTM Plc (AIM: EBTM) is the result of the reverse acquisition of e-retail plc in February 2006. That company acquired EBTM Limited, which was formed in April 2005 as a new online specialist retailer of music merchandise and related clothing and fashion.

The online retail operation, EBTM.com, was launched in July 2005. It currently sells licensed products from over 175 bands (from The Rolling Stones to Razorlight, from Bob Marley to Motorhead). Products include clothing, jewellery, bags and shoes. EBTM also sells several a range of associated fashion brands, (which have an association with music), including Atticus, Vans, Eastpak and Amplified.

EBTM continues to broaden and expand its sales retail offering and, over the coming months, will continue to develop its branded fashion offering.


This information is provided by RNS
The company news service from the London Stock Exchange



END


A bit more info found by foo ninja on the iii discussion board.



The man who's got the T-shirt

By Emma Vickers

3 March 2006

Retail Week

English

Copyright 2006. EMAP plc. All rights reserved.

Newly floated e-tailer EBTM is convinced band T-shirts and posters can be big business. Emma Vickers meets founder Richard Breeden

In his City-boy uniform, EBTM chief executive Richard Breeden looks more anything, rather than everything, but the music - the name of his recently floated internet fashion business.

His sharp suit, expensive watch and blue and white striped shirt are a far cry from the Led Zeppelin and Iron Maiden T-shirts that comprise the site's bread and butter. But, following the 1.5 million reverse takeover of EBTM by AIM-listed consultancy E-retail on February 3, the ex-dance music fanatic must play to an audience of investors to persuade them that music-inspired clothing has room for growth and, more importantly, that he is the one to lead it.

Breeden outlines the premise of EBTM a week after the deal. He looks tired and speaks quickly, giving the impression that he delivered the same spiel repeatedly in the weeks before and after the takeover.

He says: "We are an online-only retailer of music-related merchandise and product. The retail concept is that music is a key driver of lifestyle. The music that you listen to defines not only the clothes that you wear, but who you hang out with and where you hang out - a large part of what you do. We're trying to provide an access to that lifestyle to people that like certain types of music."

The web site sells T-shirts, accessories, jewellery, footwear and posters. It caters for fans of genres from metal, indie, rock, punk to urban. It has 40,000 registered users - 60 per cent of whom are men.

A heavy metal fan browsing the site would be able to pick up a T-shirt with the logo of Bullet for My Valentine and a co-ordinating monogrammed bullet-shaped pendant.

The appeal of the offer is arguably limited to moody teenagers listening to grungy music in their bedrooms. However, Breeden cites the broader and more affluent 16- to 29-year-old age range as his core customer base and EBTM's average basket size of 26 backs this up.

Breeden says one of the challenges he faces is widening the appeal of the site and he has plenty of ideas to do this. He intends to include more fashion to allow fans to get the look of their favourite singers. Although this is a sales device used heavily by online fashion retailer Asos, EBTM customers are more likely to want to ape the style of Babyshambles singer Pete Doherty than his ex-girlfriend Kate Moss.

The site will also stock the growing number of clothing collections designed by musicians themselves. In March, it will start selling the Adeline clothing collection designed by Green Day frontman Billie Joe Armstrong. Breeden points out that licensed product is becoming more important to artists because the revenue they once got from CDs has been hit by internet piracy. He says: "It's leading to better product development."

His goal for EBTM is to have a fashion-led homepage, with links to a broadened range of music genres, including pop. However, music fans are renowned for snobbery - would a Motorhead fan buy a T-shirt from a site that also, for instance, stocks a cosmetics range by J-Lo?

Breeden says: "It's something we're very aware of. It's not just J-Lo, it's the difference between metal and indie. But that's one of the beauties of the internet: because it's so flexible, you're able to create environments for each genre. It's not a concept you can deliver in a shop, because once you're in a shop that's the environment you're in."

Though he has limited retail experience, Breeden has more than proved his entrepreneurial credentials. At university, he channelled his passion for dance music into organising gigs and club nights. On graduating, he lived every music lovers' dream - after stints of work experience he was offered a job with EMI.

Within six weeks, he was running his own label. He says: "I spotted an opportunity - they had a (dance music) label called Tribal America and I persuaded the owner to let me set up the UK side. We became very successful. It's fortunate, but there was an opportunity and we built a fairly significant business pretty quickly."

After eight years at record labels and an MBA en route, he ended up working for merchandiser Blue Grape. He explains: "Merchandisers sign bands in the same way that a record company does. They'll go out and pay in advance to acquire rights, but instead of acquiring record rights they acquire what are effectively visual rights. The right to use the logo and all that kind of stuff."

It was while working here that the idea for EBTM was born. Breeden says: "I spent a long time looking for the right opportunity - when I say looking for, I mean sitting down and thinking it up."

He set up the business in January last year and was dealt the attention of EBTM's retail trump card in the form of executive director Quentin Griffiths, who founded and remains a stakeholder in Asos.

As well as expanding the breadth of product offer, EBTM is driving hits through print advertising in specialist titles such as NME and Kerrang. Recent coverage in Heat magazine helped drive sales of a studded Rolling Stones T-shirt and bring EBTM to the attention of a more mainstream customer base. Then, unlike Stones frontman Mick Jagger, Breeden will be satisfied.

EBTM PLC
08 April 2008


EBTM.L

EBTM plc
('EBTM' or the 'Company')


APPOINTMENT OF GROUP FINANCE DIRECTOR


EBTM plc, the online retailer and wholesaler of music inspired fashion,
announces the appointment of Ian Richard Collins, aged 40, as Group Finance
Director with immediate effect. He is a qualified Chartered Accountant with 16
years' post qualification experience, largely gained at senior management
positions including within the music industry.

Prior to joining EBTM, Ian was Director of Financial Planning and Analysis at
Sanctuary Music Group ('Sanctuary') from June 2006 until December 2007. While at
Sanctuary, he was part of the team that turned the Recorded Music Department's
performance around in two years to a break even position from a 60 million loss
and introduced strong internal controls and processes to prepare the label for
its eventual sale to Universal Music in 2007.

His previous career included eight years at Virgin Records where he attained the
position of Head of Business Support. Following Virgin Records' merger with EMI,
he was appointed to the same role leading the consolidated EMI and Virgin team
where, reporting directly to the Chief Financial Officer at EMI Music UK, he was
responsible for reviewing the performance of all the UK's divisions as well as
leading their annual budgeting processes.

Ian has held other senior management positions, most notably as Commercial
Director for the Specialist Sector of First Choice Holidays from May 2005 to May
2006.

Ian has been granted 2,500,000 share options which will vest on the achievement
of certain profit targets for the years ending 30 April 2008, 30 April 2009 and
30 April 2010.

There is no further information required to be disclosed in respect of Mr
Collins pursuant to Paragraph (g) of Schedule 2 of the AIM Rules.

Simon Hargreaves, who has been filling the role of interim Finance Director,
will resume his previous position as a non-executive director. In recognition of
the contribution that Simon has made, he has been granted options over 1,000,000
ordinary shares at a price of 2.38p per share. 500,000 of these may be exercised
now and the balance in 18 months' time, conditional on continued employment.

Grant Calton, Commercial Director, has indicated his intention to reduce his day
to day involvement with the business and will relinquish his executive
responsibilities with immediate effect. Grant has agreed to continue his
involvement with the Company as a non-executive director.


Commenting on the changes, David Howell, Chairman, said:

'The business is in a phase of rapid development and I am delighted that Ian
will be joining us at this time. His wide ranging financial experience, both
inside the music industry and outside it, will be invaluable to us.'

EBTM PLC
30 April 2008


EBTM.L


EBTM plc

(the 'Company' or the 'Group')


Pre-Close Statement


EBTM plc is an AIM quoted, vertically integrated online retailer and wholesaler
of music inspired fashion. Prior to entering its close period for the year ended
30th April 2008, the Board of EBTM plc today issues the following trading
update.


The Board is pleased to announce that trading for the latter part of the
financial year has been in line with management's expectations at the time of
the announcement of interim results in January 2008. As a result we anticipate
that the Company will report a maiden full year profit before tax. Adjusted
EBITDA and cash generation are expected to be in line with current market
expectations. Revenue for the full year is also expected to be in line with
market expectations and substantially ahead of the previous year, assisted by
the acquisitions made in June 2007. Good progress has been made since our last
update in January 2008 and the Board believes that the business is well placed
for continued growth.


Site conversion issues identified at the time of the interim results have been
addressed successfully and levels are now back to historic rates, with room for
significant further improvement. We continue to work through a company-wide plan
to maximise the benefits to our business of the brands and capabilities acquired
in the acquisitions. In particular, we are making good progress in increasing
the proportion of own brand products within the online sales mix. This has the
effect of enhancing our margins.


The Board is continuing to seek royalties and new revenue streams from its
stable of own brands. Ownership of the Atticus and Lowlife brands secures the
largest source of revenue for the wholesale business, brings margin benefits
both from licensees and from sales made by our own online and wholesale
activities. Signs are encouraging from our licensee of the Atticus brand in
North America and EBTM plc has saved around 400,000 in royalties in this
financial year by virtue of the acquisition of the brand in July 2007. The Board
has also sought further direct international wholesale relationships for EBTM
brands with some success, particularly with Lowlife branded accessories in the
USA.


The wholesale market has performed in line with expectations at the time of the
interim results despite some challenging trading conditions on the UK high
street. As of today's date, the forward order book for delivery in Autumn 2008
is healthy with mainland Europe showing good growth.


Whilst the Board remains cautious about the outlook for the wholesale business
bearing in mind current conditions on the High Street in the UK, the outlook for
the Group remains positive, in particular for the key online retail business.


In addition, the Board announces that on 30 April 2008, David Howell,
Non-executive Chairman, was granted 500,000 options at 2.6p, exercisable on or
after 21 October 2010. They will expire after ten years from the date of the
grant.

The interim Results for the six months ended 31 October 2007 was not received very well imho, and the share price has suffered as a consequence.

With the appointment of a new FD and the latest trading statement it looks as if things are finally back on track. The share price responded well on the news today.

http://www.growthcompany.co.uk/news-and-comment/325326/ebtm-into-the-black.thtml

Rising strongly again this morning.

i'll give it to 6p and then take ya profits...i would have bought at 2p but didnt have the funds but got some at 3p

My average is higher so I'm hoping for much more than 6p which I think in time I will get. They are not another ASC but have plenty to go yet imho.

Good luck if you sell at 6p maestro. Can't argue with a 100% return. Well done.

http://investing.thisismoney.co.uk/companyresearch/112939/EBTM/company_research.html

http://www.investegate.co.uk/Article.aspx?id=200806170700108583W

http://www.investegate.co.uk/Article.aspx?id=200806170700088597W


Very happy with todays news and intend to top up when funds allow.

YES..VERY GOOD...ANOTHER ASOS IN THE MAKING