The story
Founded in 2001 by Sean Ashby, he had the initial idea the year previous, whilst seeking nylon swimwear which had fallen out of favour for lycra.
The name was chosen because Ashby thought of himself as a "beach bum" and just wanted to pay the rent and spend afternoons on the beach.
His friend Marcia Abboud recounts she was the "un-official" co-founder of aussieBum; however, she did not contribute financially. She assisted in the production of early lines of aussieBum's swimwear, pressing the brand's logo onto the garments with a heat press.
The company itself was funded by Ashby using $20,000 of savings intended for a house.
Ashby and Abboud initially attempted to sell the swimwear to every surf and swimwear shop around Sydney, and were rejected being told that lycra was the preferred material for swimwear.
Ashby also sold the underwear from the back of his car.
Ashby took all the photos for the initial photoshoots for the brand.
In 2003 aussieBum's underwear featured in Kylie Minogue's music video for "Slow"; this was a piece of unintentional marketing on the brand's part. Minogue's stylist William Baker Smith had contacted the brand requesting samples of the entire collection, only saying that it was "a bit top secret".
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In 2003, with increasing sales, Guyon Holland joined Ashby at aussieBum to streamline the back-end business operations.
In 2004 more than 80 percent of aussieBum's revenue was derived from export sales to; Europe, the United States, Canada and Asia.
By 2005 exports accounted form 90 percent of all revenue. aussieBum was assisted by the Australian government through financial relief via Tradex relating to imported goods intended for re-export.
In 2005 Ashby received the Premier's NSW Export Awards.
In 2007 aussieBum had three different manufacturers in Sydney, Australia who manufacture exclusively for aussieBum.
In 2009 Federal Member for Grayndler, Anthony Albanese congratulated aussieBum on winning the Small to Medium Manufacturer Award category in the 47th Annual Australian Export Awards.
In October 2023 aussieBum sought to expand into India after Ashby was approached by an investor with the backing of an Indian family in Singapore who wanted to buy the company, telling him Indians found the brand appealing. It plans to capture 3-5% of the underwear market in India.
In 2015 aussieBum's top five markets (not in order) were North America, United Kingdom, Germany, France and Australia.
In 2019 South Korea was aussieBum's seventh largest market.
From Wikipedia’s article on AussieBum, shared under CC BY-SA 4.0.4
