2008
It was a depressing year, the country was in recession, companies are panicking and people are fired left, right and centre. Goran, the founder of Karabars, lost his job at a handbag designer after being with the company for 6 years. With a 2 year old son, second baby on the way and a huge mortgage, his life was suddenly turned upside down. It was at this time when the idea of starting a business became a reality. Karabars was born. The business idea was simple; if a department store can buy a handbag for £20 and sell it for £120, then why can't we buy the same handbag for the same price but sell it three times cheaper?
£2000 of savings is invested in the first order, the garage becomes a warehouse, the storage shelves are reorganised to accommodate the new stock and the dining table becomes the packing bench. Karabars started trading online. The results were great but so were the challenges, naturally it was a slow and painful start.
