OliberteTal
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OliberteTal7 karma
Great question. From our side, the political/economic climate was not an issue ever. We were very fortunate that within Ethiopia, the policies in place and government was very supportive of our efforts from the beginning. In our case, the real reason was that we couldn't grow sales fast enough to manage the continued expenses in running our own factory.
OliberteTal6 karma
As of now, our current stock on hand is the last of our shoes and bags that were made in Ethiopia and Fair Trade Certified. I am exploring some other options to continue the ethos of the brand (outside of Ethiopia) but those details are still in the works.
OliberteTal5 karma
Hi Adam. I don't think it's that customers didn't "get" Oliberte - since we began we sold over 200,000 shoes and bags so not a small feat. Our customers, love our styles and mission and how it ties together in an authentic way - not everyone of course, but many do. The challenge was really that we couldn't grow fast enough with the product made in Ethiopia to cover the amount of money I and my investors were putting in over the last 10 years. Reflecting back if I was to look at other reasons for those that don't 'get it,' it could have been part design, part price, part quality.
OliberteTal5 karma
I think we were very lucky to have amazing people on the ground from our GM to our factory workers to help us navigate through most difficult situations we faced. Owning your own factory is financially difficult so at a high level managing our cash flow was a huge challenge, but that's not related to just Ethiopia - that's any business, especially one that tries to own more of a it's supply chain.
OliberteTal8 karma
Thanks for the support! I may look at ways to still keep aspects of the brand and the supply chain within Ethiopia or other countries in Africa. That said, for the coming period our focus is on selling our stock, paying our debts, and then revisiting options once and if it makes sense. In terms of marketing, I think the key will be wherever we make it, is knowing what our customers want whether in Ethiopia or New Zealand or Brazil - I think it's about being honest and transparent (even if it's not great news) with those who trust their dollars to you through buying your product.
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