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Founder Amahlia Stevens on selling Vitamin A Swimwear: ‘We’ve always been self-funded and under-resourced’

The Glossy Podcast · with Amahlia Stevens · June 28, 2023 · 29 min

Summary

Founder Amahlia Stevens shares the journey of Vitamin A Swimwear, from pioneering sustainable production and body positivity in 2000 to its recent acquisition by Swim USA. The episode highlights the brand's bootstrapping approach, its successful hybrid DTC and wholesale model, and future growth plans including international expansion and branded stores under new ownership. This is a solid case study in building a purpose-driven brand and strategically navigating an exit.

Key takeaways

Themes

finance & fundraisingbrand & contentretail & omnichanneldtc strategy

Topics covered

brand acquisitionsustainable manufacturingdirect-to-consumer saleswholesale strategyinternational expansionbootstrapping

Episode description

When designer Amahlia Stevens launched Vitamin A Swimwear in 2000, she was ahead of the curve. Along with championing body positivity by introducing the concept of bikini separates that can be mixed and matched, she prioritized sustainable, local production after getting a crash course on Patagonia's processes through her work with the brand. Today, California-based Vitamin A sells 50% direct to consumer and 50% through its 200 wholesale channels, which include Holt Renfrew and Revolve. Announced on Wednesday, Vitamin A was just acquired by Swim USA, a family-owned company that also counts Miraclesuit and Amoressa in its portfolio — its licensed brands include Polo Ralph Lauren and Reebok. On the podcast, Stevens shares why the deal made sense for Vitamin A and how it will work to grow the "under-resourced" brand. She hinted that branded stores, international expansion and product collaborations are around the corner under the new ownership.

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Frequently asked about this episode

What does this episode say about finance & fundraising?
Vitamin A successfully operated a 50/50 DTC and wholesale model, demonstrating the power of a diversified sales strategy for fashion brands.
What does this episode say about brand & content?
The acquisition by Swim USA provides Vitamin A with resources for international expansion and branded stores, showcasing how M&A can accelerate growth for 'under-resourced' brands.
What does this episode say about retail & omnichannel?
Amahlia Stevens pioneered sustainable, local production and body positivity in swimwear, proving that strong brand values can create a unique market position and drive long-term success.
What does this episode say about dtc strategy?
Operating as a self-funded brand for over two decades allowed Vitamin A to maintain control and strategic independence, even while scaling to a significant acquisition.
What does this episode say about finance & fundraising?
Future growth for Vitamin A includes international market expansion, opening branded retail stores, and product collaborations, indicating clear post-acquisition strategies.

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