Dressing Room TVLAGOS FASHION WEEK / PARTNERSHIP PROPOSALDownload PDF
PREPARED FOR OMOYEMI AKERELEOCTOBER 2026

The runway.
The audience.
The business.

You built the ecosystem.
Let’s build the platform that earns from it.

Read the proposal
WEB FIRSTPAID SHOWSSHOPPABLE COLLECTIONSSHARED OWNERSHIP

01 / THE OPPORTUNITY

What if Lagos Fashion Week owned what happens after the show?

A year-round commercial platform for African fashion.

Lagos Fashion Week brings together designers, audiences and industry relationships. Dressing Room TV connects that attention to paid viewing, clothing purchases and a repeat customer relationship.

Runway→Viewer→Customer→Repeat income

The investment creates a business designed to earn revenue. Advertising is one cost of acquiring its customers.

The Netflix analogy

Films and series supply Netflix’s catalogue. Designer spectacles and stories supply ours. We add the ability to buy the looks.

The Global-e analogy

Many brands can use shared commerce infrastructure. Dressing Room TV brings discovery, transactions and coordinated fulfilment together.

Business-model comparisons, not claims of equivalent scale or valuation. LFW contributes its ecosystem; our company would license Muvi’s underlying software.

02 / THE EXPERIENCE

What is Dressing Room TV?

A fashion show you can watch and shop.

01

Buy access

A £9.99 ticket opens the proposed first fashion spectacle.

02

Watch online

A prerecorded show plays in the browser on a phone or computer.

03

Shop the collection

Product links or QR codes take viewers to the looks, sizes and checkout.

OTT simply means video delivered through the internet. We launch on the web for October, then consider television apps as the business grows.

Daniel Diyepriye is the proposed first show, subject to your approval and production readiness. Other designers can join under clear, shared commercial rules.

03 / THE LAUNCH

What do we need to start earning?

Muvi web app£5,000

Launches the branded web viewing platform.

Dedicated media buyer£1,000

Manages the advertising that sells tickets.

Advertising£3 / buyer

An assumption for the spend needed to win one paying ticket customer.

£5,000 + £1,000 = £6,000 named launch costs. The baseline projections use these costs; the proposed funding allowance below adds a reserve. Advertising is additional and scales with ticket buyers.

Latest founder-supplied costs. The media buyer fee is treated as a one-off launch fee. Only these named costs are included. Payment fees, tax, refunds and any extra usage charges are excluded from the launch recovery calculation.

04 / TICKET ECONOMICS

Can paid viewing recover the show budget?

£500,000 is an illustrative show-budget recovery target, not a funding request or a confirmed Lagos Fashion Week budget. This example asks: could Dressing Room TV recover that amount over a four-week sales campaign?

Four-week ticket-only recovery target

paid ticket buyers over four weeks

“Paying viewers” already bought a ticket. We do not apply another ticket-conversion rate to them. £3 CAC is a campaign assumption to test, not a proven result.

05 / CLOTHING SALES

What could a £275 order floor yield?

AOV means average order value: total clothing sales divided by the number of clothing orders. It is separate from the £9.99 viewing ticket.

TRY AN ORDER VALUE

If every completed clothing order is at least £275, the average cannot be below £275 before refunds. This is a proposed basket floor, not confirmed brand pricing. Discounts, product mix and higher prices may change conversion.

Tickets + clothing commission
After advertising and £6,000 setup; before show budget

The platform keeps its agreed commission, not all clothing sales. 15% is an editable illustration pending brand terms. One clothing order per converted buyer is assumed for this show. Production, delivery and other commerce costs remain outside this simple revenue calculation.

06 / AUDIENCE PROJECTIONS

What happens as the paying audience grows?

These audiences have already paid for access. Low, middle and high refer to the share who also buy clothing: 1%, 5% and 10%.

Independent audience sensitivities for one show, not promised reach or a dated growth forecast. Before payment fees, tax, refunds and further operating costs.

How many prospects must we reach to sell those tickets?

Ticket conversion is a separate question: what percentage of unique qualified prospects pay to watch? At 5% ticket conversion, 100,000 ticket buyers require 2 million qualified prospects.

Reaching people, converting them into paid viewers and converting viewers into clothing buyers are different steps.

07 / MONTHLY MEMBERSHIP

Why would someone subscribe every month?

12

shows every month

Roughly three fresh shows a week.
A reason to return. A reason to renew.

Once the programme is ready, a monthly membership can include those shows. It replaces individual tickets for the included content.

20% membership conversion is an illustrative new assumption, not proven. Annual run rate means current monthly revenue × 12; it does not guarantee those receipts. Content supply, rights and cancellations must support the programme.

08 / A CUSTOMER’S VALUE

What can one acquired customer become worth?

A first ticket creates a customer relationship. Some customers buy clothing; some become members. Lifetime value asks what we expect to retain across that relationship.

Illustrative contribution LTV
Per acquired ticket buyer, after advertising; before fixed costs

We show a cohort average, not a promise that every buyer subscribes or buys clothes. 12 paid months, 2 clothing orders and 80% retained gross margin are editable illustrations. The margin is a separate allowance for variable service costs, not an extra launch budget item. Reacquisition costs would reduce LTV.

09 / COMPANY VALUATION

How could customer relationships build company value?

A buyer’s lifetime value and the company’s valuation are different numbers. Here is a simple way to explain a possible future valuation using recurring membership income.

Hypothetical business value

before debt and cash adjustments

The 2× / 4× / 6× choices are hypothetical arithmetic, not researched market benchmarks or a valuation of Dressing Room TV today. This view assumes converted members are currently active. Lifetime months affect LTV; this annualised view uses the current active member base. Repeat commerce, sponsorship and tickets are excluded from this valuation to avoid mixing recurring and one-off income.

What would make an investor believe that value?

Measured acquisition costs, recurring revenue, member retention, sustainable margins, content rights, functioning checkout and reliable brand delivery. LTV helps assess acquisition economics; it is not multiplied by the audience to declare a company valuation.

10 / BRAND INFRASTRUCTURE

Can the brands deliver what viewers buy?

Audience growth must be matched by production and fulfilment capacity. A shared network can coordinate approved manufacturers, third-party fulfilment providers and contracted carriers such as DHL.

Designer→Production→3PL→Delivery

Preorders can help plan production against demand. Each brand needs checked capacity, clear dispatch dates and a customer-service process before its collection is promoted.

Partners and capacity are proposed until confirmed. 3PL means a company that stores, packs and dispatches orders. No new logistics cost is added to the named launch budget. Brand and customer terms must allocate those costs.

11 / THE PARTNERSHIP

What is in it for each of us?

50%

LFW / Omoyemi side

Agreed web-pilot launch funding, ecosystem, brand and content access, designer relationships and launch distribution.

50%

Daniel / Dressing Room TV

Original concept, product direction, commerce model and execution.

What is in it for me?

50% ownership of Dressing Room TV as co-founder, plus a position on your team leading digital commerce and the platform. Role scope, reporting and compensation would be agreed together.

Shared ownership creates a joint business. It does not automatically split every ticket receipt in half. We should agree how revenue first recovers the show budget, then how remaining earnings are handled.

What will I personally lead?

Muvi delivery

Lead vendor coordination, requirements, branding, video upload workflow, ticket access, membership setup, product links, acceptance checks and the later TV-app roadmap. Muvi delivers its contracted technology.

Shopify for participating brands

Lead onboarding and integration for every approved participating brand: catalogues, product variants and sizes, stock, checkout links, order routing, agreed commission reporting and test purchases. Brand permissions, systems and readiness determine rollout.

Manufacturing and 3PL

Set up the fulfilment operating model, assess manufacturers and 3PLs, map storage/pick/pack/dispatch, arrange preorder workflows and coordinate delivery partners such as DHL. Contracts, rates and capacity must be agreed.

Media buying and Meta growth

Direct the dedicated media buyer: campaign brief, creative tests, audience tests, purchase tracking, staged budgets, CAC reporting and the decision to increase, hold or stop spend.

Customer retention

Coordinate the 12-show programme with the content team, member communications, renewals, customer feedback and repeat shopping. Show production requires separately approved resources.

Commercial reporting

Lead the weekly dashboard: paid tickets, clothing orders, brand payments, commission, acquisition cost, renewals, refunds and contribution. Coordinate platform/customer support responsibilities with the team.

Why keep the name?

Dressing Room TV connects watching fashion with choosing what to wear. Subject to your approval, it can launch alongside Lagos Fashion Week’s identity.

12 / TECHNOLOGY & TIMELINE

Can we launch without building everything from scratch?

Muvi supplies the streaming engine. We create the fashion business around it.

What has Muvi said about timing?

Daniel reports Muvi has said a web app—an online streaming platform—can be delivered in two weeks. Television apps can be added later.

01

Ready the pilot

Agree terms, vendor scope, first-show rights, shopping journey, payments and test budget.

02

Two-week web build

Reported Muvi estimate after kickoff. Test viewing, paid access and shopping before public sales.

03

Four-week sales test

Measure ticket CAC, viewing, clothing purchases, refunds and contribution. The £500,000 figure remains an example recovery target.

04

Expand after evidence

Add brands, recurring programming and TV apps when revenue, retention and operational readiness justify them.

What does Muvi cost every month?

Vendor pricing supplied by Daniel. Base-price currency provisionally shown as USD; confirm the written quote.
PlanMonthly baseAdditional apps
Professional$1,499$499/month per extra app
Enterprise$3,900$499/month per extra app

What is Shopify’s role?

Shopify is the shop system: products, sizes, stock, checkout and orders. Shopify supports product/checkout links and embeddable buying tools on other websites. Connecting multiple brands into one coordinated journey still needs an agreed integration and order-routing design.

13 / TESTING & META ADS

What does scaling advertising actually mean?

Meta ads place our show offer on Facebook and Instagram. The media buyer tests which audience and creative produce paid ticket buyers, then adjusts spending using real results.

One-day advertising examples at £3 CAC; illustrative, not guaranteed scaling.
Ad spendTicket buyersTicket incomeAfter ads
£300100£999£699
£3,0001,000£9,990£6,990
£30,00010,000£99,900£69,900

What would a successful pilot prove?

People will pay to watch; a measurable share will buy clothing; acquisition and service costs leave contribution; brands can deliver; and some customers return. That evidence—not the size of an illustrative audience—supports the next investment.

14 / INDUSTRY-SCALE AMBITION

What would a £1 billion business require?

Prove the model locally. Build a repeatable network. Earn the right to scale.

If online demand is demonstrated, the company could give more African brands shared access to paying audiences, shopping infrastructure and fulfilment. That is the potential industry transformation: attention becomes measurable sales, planning data and repeat revenue across many brands and markets.

Separate mature-business illustration; annual figures, not four-week pilot projections.
Scale assumptionAnnual outcome
2 million active members × £9.99 × 12£239,760,000 subscription revenue
250,000 clothing orders × £275£68,750,000 clothing sales
Clothing sales × 15% commission£10,312,500 platform commerce revenue
Subscriptions + commission£250,072,500 platform revenue
Hypothetical 4× annual revenue£1,000,290,000 business value

Members must stay active or be replaced as they cancel. Production, global acquisition, servicing, logistics, regulation and financing at this scale require a separate operating plan. No date or assured path to this scale is proposed. Business value is before debt/cash adjustments; it is not cash available to spend.

15 / WHAT WE AGREE

What decision are we asking you to make?

Agree in principle to create Dressing Room TV together, with the proposed 50/50 ownership and Daniel’s team role. Authorise a scoped web pilot and a capped advertising test after confirming the vendor quote, costs, show rights and responsibilities.

If the pilot proves people pay, brands deliver and customers return, we can build the commercial infrastructure around an ecosystem you have already created.

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Assumptions & sources

The live calculators are illustrations. The PDF contains the default assumptions, while exports below contain your current selections.

Read the source and assumption notes
  • Founder instructions: £5,000 Muvi web launch; £1,000 media buyer; £9.99 ticket; £3 advertising CAC; illustrative £500,000 show-budget recovery target over four weeks, not a funding request; proposed equal ownership; 12 shows monthly.
  • Original 48-month workbook: £275 clothing AOV, £9.99 monthly membership and 1% / 5% / 10% clothing-purchase scenarios. Original growth and profit totals are not reused.
  • Earlier Muvi SOW: prerecorded content, Shopify shopping and product/QR mapping. Technical completion and October delivery require confirmation.
  • New assumptions: 15% commerce commission; 20% membership conversion; 12 paid months; 2 lifetime clothing orders per clothing buyer; 80% retained gross margin; 2× / 4× / 6× hypothetical subscription revenue multiple. These are not agreed or proven.
  • LFW / Style House Files ecosystem; Omoyemi’s ecosystem and ownership priorities.
  • Global-e shared commerce infrastructure; Stripe’s explanation of customer lifetime value and margins.
  • Reported Muvi offer: two-week web build; Professional 1,499/month; Enterprise 3,900/month; $499 per extra app; first app complimentary. Base currencies and scope require quote confirmation. Muvi charging guidance.
  • Shopify buying tools. Meta campaign examples are proposed operating maths, not Meta guarantees. The £1bn mature-scale example uses 2m active members and 250k annual clothing orders at 15% commission, with an unverified 4× blended revenue multiple.
  • Brand wordmark extracted from the existing Dressing Room TV / Glitz Africa deck; no Glitz endorsement of this proposal is implied.