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In 2015 the company was awarded the
Fastest Growing Internet Retailer in the Deloitte Tech Fast 50. Later that year the business released an IPO to raise $ 61 million, expecting a market capitalisation of $ 116 million. The IPO was oversubscribed, but shares fell over 30% on opening, taking their
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is an
Australian homewares and furniture retailer. The brand was founded in 2011, and listed on the ASX as Temple & Webster Group (TPW) in December 2015. The float followed the acquisition of two other businesses, the Australian operation of
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Temple & Webster was founded in 2011 by Mark
Coulter, Adam McWhinney, Conrad Yiu and Brian Shanahan. The site was initially a members-only sales site, but became an open retailer in 2016 after merging the Wayfair brand.
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In
December 2016 the business merged the Milan Direct ecommerce site into the Temple & Webster brand. Milan Direct continues to operate as a wholesaler and importer, supplying product to the Temple & Webster site.
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market value to $ 95 million. It was announced that, in 2015, Temple & Webster lost $ 44.4 million, more than double the $ 18.5 million loss forecast in its prospectus.
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In
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251:"Wayfair Sells its Australian-based Business to Australia's #1 Online Furniture & Homewares Retailer Temple & Webster"
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In May 2022, the company launched The Build by Temple & Webster, an online store for home improvement products.
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311:"Temple & Webster to acquire Milan Direct and list on the ASX next month in a $ 60 million IPO"
237:"Temple & Webster to acquire Milan Direct and list on the ASX next month in a $ 60 million IPO"
182:. In 2022, the company launched The Build, an online store for home improvement products.
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380:"Temple & Webster hits its stride as furniture, homewares shift online"
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223:"Temple & Webster To Take On $ 15 Billion Home Category"
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Mark
Coulter, Adam McWhinney, Conrad Yiu, Brian Shanahan
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Companies listed on the
Australian Securities Exchange
280:"Homewares retailer Temple & Webster in shake-up"
325:"Temple & Webster shares tank on market debut"
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406:"Temple & Webster targets home renovators"
340:"Temple & Webster loss blows out to $ 44m"
365:"Temple & Webster swallows Milan Direct"
367:. Sydney Morning Herald. 13 December 2016.
327:. Sydney Morning Herald. 10 December 2015.
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16:Australian furniture and homeware retailer
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313:. Smart Company. 12 November 2015.
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299:. Deloitte.
447:Categories
253:. Wayfair.
209:References
127:Australia
113:Australia
91:Australia
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145:Products
97:Founders
62:Industry
186:History
176:Wayfair
153:Website
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70:Founded
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389:2 June
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136:Europe
109:Sydney
83:Sydney
39:Public
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297:(PDF)
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160:.com
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162:.au
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56:TPW
52:ASX
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