Kabuni Limited (ASX:KBU) Announce Strategy to Advance Omni-Channel Retail Experience

IMPLEMENTING A GO-TO-MARKET STRATEGY TO ADVANCE KBU’S OMNICHANNEL RETAIL EXPERIENCE 

The Board of Kabuni Limited (“Kabuni” or “the Company”) ASX:KBU, is pleased to provide shareholders with an update on the Company and the go-to-market strategy for H1 calendar year 2017. 

“Developing an omni-channel retail experience using a platform that enables virtual reality and other exponential technologies to make design accessible to all” 

Company Overview 

* Kabuni is disrupting the home furnishing space by making design accessible to a larger market segment by:

* Developing a technology platform for interior designers, makers, artists and artisans to share their design inspiration ideas with consumers

* Offering a closed environment where consumers can seek professional advice from an interior designer (for no charge) to assist them with their design choices

* Providing lead generation for designers, and solving many of their pain points including choice of product, cashflow, logistics, and customer management tools

* Presenting a unique catalogue of furniture and décor products via the online e-commerce store as well as a access through a broader catalogue when desired

* Building a co-working space that functions as a retail space and a hub for local makers, designers and consumers, and

* Exploring the use of advanced technology including virtual reality visualisation and 3D printing abilities. 

CEO & Managing Director Neil Patel commented: 

“Throughout 2016, Kabuni focused on refining and updating the Company’s technology across all three pillars. The Board now believes that the teething issues which were experienced during launch have now been rectified and the Company is well position to advance to the next stage. 

“Most recently, the appointment of Frans Tjallingii as an experienced Chief Operating Officer will significantly aid the Company in implementing our comprehensive go-to-market strategies.” 

To view the complete release online please copy and past the link below into your web browser: 

http://www.asx.com.au/asxpdf/20161220/pdf/43dvmld28p26tl.pdf