October 28, 2019


The End of an Era

 

When we started Gilmour & Gray in 2013 Charlie and I knew that it would be a huge undertaking and we didn’t take this lightly. Backed by our family and with momentous support from our parents, we were full of enthusiasm and ready to crack on.

It was the best idea and still is we think. Charlie and I were young wannabe entrepreneurs keen to make our mark with a new fresh idea. We made our mark in our own way, but it has not worked out as we had planned. Hopefully there will be some insight in this blog to help future entrepreneurs. Also, we would like to use this as an opportunity to share our gratitude to our family, friends and customers who came on the journey with us, and explain why it hasn’t worked out.

The idea - Chelsea boots with a one-piece leather design (akin to a certain Australian brand) with coloured elastic - everyone we spoke to loved it – this was our market testing! At the time we had not seen this design anywhere else. It turns out we were close to cutting edge however became aware that Penelope Chilvers had already designed something similar. This did not dampen our enthusiasm but instead fuelled our view that this was a good idea and one to be pursued. Our boots were also going to be targeting a different market so we felt we had a place in the market, with a unique brand and strong story.

The beginning..

In 2012 around the London Olympics, Charlie mentioned whilst having a pint and listening to a band in the Shacklewell Arms that he wanted to start a business and knew of a government scheme that would help financially towards a venture. David Cameron brought together a group of businessmen, women and dragons, who would mentor young entrepreneurs with new business ideas. It was called Brightside. Charlie and I went along to one of the meetings to find out what it was all about and were encouraged by what we heard and saw. We needed to build a business plan and pitch for the funding in a ‘Dragon’s Den’ like set up. We were off.

At the time..

At the time Charlie was waiting tables at events, fully qualified as a sound engineer from Point Black Studios and had an EP release behind him. The nature of the royalties ensured he still needed to work full time elsewhere. I, Nick, had been working in the city in insurance as a trainee broker and was not overly fulfilled or very good at it. I had been between a few jobs and was looking for something different that would enable me to be creative and the thought of working with my brother on an innovative and forward-thinking business, felt exciting. This formed the basis for our intrigue in Brightside and the business grants on offer. It was Charlie though that was astute enough to bring the Brightside scheme to the table.

As the oldest two of four we are different in many ways, had spent a few years living different lives whilst still living in the same London. This was a great way of us re-connecting as brothers and bringing our different styles together to the G&G brand.

Next steps..

Once we had decided we wanted to start a business, we quickly came to our idea. As our website says we grew up in a family where R.M Williams were the boot to wear for adults and cool kids who tried to look like cowboys.

‘Forget the cool kids and our parents’ friends’ Charlie would tell me, ‘they are wearing these boots in the Shacklewell Arms son - 😉’.

Chelsea boots that sell to our parents’ generation and the younger kids, wherever they were. East London meets West was our thinking. Town meets country.

Chelsea boots, unrelated to us, went on to be the boot worn by everyone from Pete Doherty to Beckham and more importantly the high street. Not because of us, obviously, but because a timeless classic was reborn. We started the business during this time. I repeat nothing to do with us, but it validated our idea which was great.

We then set about researching the idea and meeting suppliers. We went to Bethnal Green High Road to meet a supplier who worked with Gucci making elastic, he was helpful and liked two young brothers who showed some passion for fashion. I started meeting design guys and Charlie started sourcing manufacturers with trips to Portugal – port and cheese helped!

We then went to the BrightSide events, pitched our idea and one of the mentors was wearing RM Williams boots. He loved the idea and again it was a validation of what we trying to do.

We put the numbers together for sales projections and modelled our P&L, target margin and revenue and were awarded £19,000 of funding. This was not a grant it was a business loan to two budding entrepreneurs who otherwise would never have got a business loan from a bank. It was a great thing.

With the funding we set about sampling the boots from manufacturers all over Europe. We were specific about the requirement of manufacturing one-piece leather boots like RM Williams and this in the end was a real issue for the factories, but we persisted. This one-piece leather design was a big part of our pitch, and a key element to making us stand out, so we had to get this right.

The Launch..

We found a manufacturer in Portugal who made a few samples as we wanted and subsequently, we ordered a few hundred pairs across various sizes - using only a finger in the air as a guide for which sizes to major on.

My wife Tilly was working in Knightsbridge at the time and there was a pop-up shop next door which we used for the launch of our boots. It was the most amazing evening and Charlie and I felt like we had made it before we had even started! Everyone was trying on boots and buying a plenty. Mostly friends and family but still, they liked the product and were complimentary.

We had a great brand and already a good following of people online, through friends and family and this continued for some time. The lesson I take is that all this ‘good will’ didn’t mean anything in terms of cash in the bank and ROI. We had fun though and it was good to announce our launch and first trading.

Polo..

Inevitably Chelsea boots brings comparisons to polo. Polo players wear them, and we had contacts in the industry, so it was a good place to market our boots.

We partnered with British Polo Day and sponsored an event in Beijing. Our boots were made in China by now and the bosses of the factory went to the British Polo Day in China and were impressed with the prestigious set up Gilmour & Gray had introduced them too. We also passed our boots on to the Princes at this time through polo prizes and so the brand was doing well but the sales were not providing enough margin to support the business.

Our manufacturers were asking for more and more volumes to be ordered and due to the lack of margin in our sales price we were not able to re-order in the quantities the factory needed. This resulted in us us not being able to re-stock some sizes, which understandably did not look so good on our site.

Profit..

Continuing to pursue the polo line we attended the Guards Polo event in Petworth. We had a large stand opposite Jack Wills and did a roaring trade. After the event we were down £2,000, despite selling over 50 pairs and the writing was on the wall. We were not selling enough; the margin wasn’t good enough and the business was not making enough money.

We ran before we could walk with this event and pitched our tent opposite some much larger brands. We partnered with a Gin brand, were handing out drinks and selling lots of boots but again the event ended up costing us money. The idea that the brand would ultimately develop, and grow was proving difficult as we needed funding to support these sort of events. We could not rely on the profit from sales to attend these events in this way.

Stock..

Trying to predict the volumes to order and which would be the most popular was challenging. Our first batch sold very well and more of the smaller sizes. Our second batch we sold more of the larger sizes and so on until we had a garage full of boots…hence the sale now 😉. One consistent was Mens 9’s and 10’s. Women’s was a full range from 3-9.

I was so excited about our black and pink boots, convinced they would be bought by men for parties and girls alike. My wife Tillz shared a picture of one of the samples on Instagram and subsequently we received a considerable amount of interest, however another learning curve was that we couldn’t meet the demands of the quick turn-around expected by the online consumer.

Another learning curve was our marketing efforts - we didn’t dive deep enough into this. We did have a lovely quarter page feature in The Telegraph Magazine which resulted in 20 orders that day – which in hindsight showcases how investment in PR and marketing could have had a beneficial impact on our sales. Ultimately, because we both had second jobs our focus was divided, the signs were there that we were struggling to take the company from the successful SME in its infancy to a medium business growing and ready for SEED round investment.

The supply chain continued to be the most difficult part of G&G. From perfect samples then quality control issues, to minimum order quantities that were difficult to justify for a small start-up, it was a difficult nut to crack. Our advice to all those starting a fashion business would be to ensure your supply chain is aware of your plans for growth, to manage expectations around order quantities and ensure your supplier is onboard with the quality standard you set.

Wholesale..

When we started the business, we studied the market and carried out our research into competitors, price point and direct and in-direct methods of sale. We had an issue with wholesalers as they tended to want to retail at 2.5 times the purchase price. We bought at a price and retailed on our website – more reasonable than a wholesaler would retail and this meant we could not sell our boots to wholesalers. Confusing?

This was a route to market we could not capitalise on, hindered our sales volumes and the prospects of the business’ success were therefore affected.

The lesson here is to make sure you cater for the wholesale market within your retail price point. It is too big a route to market to miss.

We thought we could rely on online sales, but it is difficult to reach certain markets without wholesalers.

Life takes over..

The Gilmour & Gray journey was born out of a determination to do something different and build a business for the future, for both of us. However over the five years we reached a point where we both had to decide if we were going to go full time on Gilmour & Gray or continue our ‘day jobs’. When your career is providing you with more security you have a decision to make.

G&G was our passion but it had become something that was second fiddle to my career and with a young family to support a decision had to be made. Some more brave or daring individuals would have continued with the G&G project but when we weighed up our options we decided to concentrate on other areas. Not an easy decision to make as we loved our work on G&G and the photos in this blog are testament to the fun we had and small success we enjoyed.

Christmas closing down sale..

So! We now have our Christmas Closing Down Sale. It’s a sad sight to see the Closing Down Sale banner across the page but also an opportunity to look back and reflect on so many good times.

Friends..

We thank all of our friends - you know who you are! - who have helped out with G&G and provided huge support over the years.

You were also our customers which meant you were really an important part of this, so thanks again to our mates.

Maybe a final plug to get your hands on one last pair of G&G boots! ABC!

Gray Store

The most amazing thing about this journey is that post the G&G venture, we have a new project through which we can adopt all the learnings from this project.

Gray Store is Charlie’s brainchild and will manufacture trainers from only ethically sourced materials; manmade leather replacement fabric from specialists in Portugal and Italy. Yes, the supply chain has been thought through very carefully!

There are many lessons, some highlighted above that will stand this venture in good stead and I hope you will all support this venture as you have G&G. We will keep your email addresses on file for Gray Store if that’s ok but please let us know if you would like to un-subscribe.

Final thought..

Do as we did, be adventurous, follow your dream and set up the venture you believe will succeed but don’t do this part time. It must be your sole focus.

Thanks to our customers..

We really appreciate all your support over the last five years. We have had the best time providing you all with Chelsea boots that we hope you have enjoyed wearing. We promise you aways looked the part 😉

If you have any questions for either of us please contact –

nwggray@gmail.com

of

charlie@graystore.co.uk

June 04, 2019


IT'S BEEN A WHILE BUT TRUST ME WE'VE BEEN BUSY

 

We are sorry if we have been off the radar recently but we have been working hard on an entirely new range and direction for Gilmour and Gray.

We are still deep in the process of designing and making a much larger and somewhat different range of footwear to launch in the later part of 2019. 

As for the stock that we have left, we have decided to offer you all a Summer discount of 25% on all remaining stock, so hurry as we expect this to sell rather quickly. 

We thank you all for all of your support up to this point and hope that you will continue to follow us as we progress into a new chapter on our brotherly footwear adventure.

 

 

Progress

 

Happy 2017 everyone!

First of all thank you so much for all of your support in our new range this year. We are running low on stock and it's thanks to all of you that we can now focus on bringing you a fantastic new array of colours in 2017.
2016 was a great year for us with lots of interesting events and people flying the Gilmour and Gray flag along the way. After launching our new range of colours back in February we set about sharing them with as many people as possible. Cirencester Polo Club were kind enough to offer us a pitch at many of their prestigious events and naturally we jumped at the opportunity to work with them. One highlight especially was gifting a pair of our boots to Prince William and Harry, (receiving a letter from 'the palace' was also rather exciting even if it was because Harry's boots didn't quite fit.) 
Our involvement in Polo didn't stop there and our boots also made a trip out to China with the British Polo Day Team. Many of the players are huge fans of the boots and we are very grateful for their support in our brand.
We have also carried out various photo shoots in locations such as Greenwich, London Embankment, London Bridge, Bristol Harbourside, Cirencester Park and many more. Head over to our Instagram page to see our boots in these beautiful locations.
Our event footprint is also increasing and we have been lucky enough to be a part of and meet some fantastic stall holders at events such as Gatcombe Horse Trials, Daylesford Winter Fair, Notting Hill Market, Northcote Road Summer Fete and The Cowdray Park Polo Final.
We are now looking forward to our next range of colours and designs for 2017. Watch this space as we hope to bring you even more vibrant, explosive, unusual and also sophisticated boots for all matter of occasions!
Charlie and Nick 
The Boot Bros

 

 

 

 

 

 

February 01, 2016


WE HAVE LAUNCHED OUR NEW RANGE TODAY FEB 1st!!

More news to follow on exciting competitions we have coming up but in the meantime please check out our new boots and any questions please just ask. 

nick@gilmourandgray.co.uk

January 11, 2016


1st February 2016 - Better design, colours, feel and a new pattern for your elastic.

Boot lovers, 

Since we launched in October 2015 we have had an amazing first year and its thanks to all our friends for joining us on our journey to world boot domination. Maybe not world domination but we have plans.

Our plan was to design and manufacture chelsea boots of the best fit, style and quality but keep below the £200 mark. We managed to do this and the feedback from our customers or 'boot friends' has been really great so thank you for your emails and comments they are greatly received.

There is always room for improvement however and so we have added to the design of our boots, included some funky colours and also developed the ability to apply a pattern to our elastic. We have started with a blue and white stripe but we will not stop there. Plans are afoot. 

The styling of the toe has improved in shape, it is now slightly more square. We have changed from one piece construction, to improve the fit of the boot around the ankle and overall shape. The 2015 range had pastel colours, this time we have gone with brighter colours. Once we extend our range even further we will also be running with pastel colours but wanted to kick off 2016 with a bang!

In terms of the existing range we only have left what is on the website so hurry if these take your fancy. We will not be re-ordering further pairs. 

21 days to go now until the new boots are out. We will be running a competition and a valentines day special offer so keep checking back and also look out for a some new social media treats. We have just started working with someone who has a sillywild imagination. Stay tuned...

Loads of boot love.

Charlie & Nick

 

 

 

February 11, 2015


February SALE

We have been silent since Christmas but are now back. Hi.

So we launched with a bang in October with an influx of orders from fellow boot lovers and Christmas buyers alike. It has been a great launch phase and since our last blog we have been so excited with the sight of our boots pacing around the streets of London and blighty.

We now have some great news regarding Gilmour & Gray. We are designing (as we speak there are designs being drawn with colouring in going on of more funky elastic and different leathers) a new range that will be ready for Spring / Summer. This will include a black suede as well as the original brown. We will also be introducing funky colours into our boot-toire. Sorry.

So we are giving all you boot lovers a chance to snap up an original pair of Gilmour & Grays. We say original because this is the first ever range of boots that we have produced and in years to come, we are utterly convinced that 1) these boots will be an old friend and 2) they will be worth a small fortune. Trust us.

Please can you head to the website or spread the word that Gilmour & Gray are having a February Sale (not January) and this is the last chance to pick up stock.

Until next time.

The Boot Brothers.

August 27, 2014


GILMOUR & GRAY LAUNCHES - OCTOBER 16th 2014

So it was time to write my first blog for www.gilmourandgray.com. What do I write about? I’ve never written a blog in my life. Not a great start to my blogging career, but then I’m not an actual blogger.

Regardless the first topic that came into my head was…Why did Charlie and I begin this journey? We know the answer, but the boots do not tell the whole story. It is something that has evolved and I would like to talk about the evolution of our boots and the brand.

Boots have always been a passion for us. Growing up in a household of six. Three boys and our little sister Georgina, marshalled by two loving parents, it was a household that had shoes everywhere and I do mean everywhere. This in essence is where our love of footwear began. Both parents took great excitement in ordering Chelsea boots from around the world, once every two years to replenish the 5 year old pairs that had been handed down to…us. Surely there was a British company who could provide this ‘walk changing, look altering’ boot? Apparently not.

So from there it was a case of then trawling the high street as a student, in search of a smart but casual boot, that could be worn to a smart occasion, but that was not going to fall apart in a nightclub or even more fun look better after a night out. This was not achievable on a budget of £50, far from the £250 that was being spent by those that could afford it. Many of the boots I am talking about are aspirational, something that you would buy when you were older and look after them for years. But there was no middle ground. It was the expensive boots or the very cheap ones that fell apart and looked scruffy after walking in a dewy field. There had to be a better way of doing this.

As soon as Charlie and I were in London, my need for smarter shoes or boots increased, but Charlie being a musician was always looking funkier. So here completes the Gilmour & Gray boot. Let’s combine his funkiness and my eye for traditional quality and stitching. Then you could have an East London meets West London boot, perfect for all occasions, but remember this is high in quality, yet affordably priced. Get your boots, get your boots!

Nick