CASE STUDY · GROWTH PARTNER · SHOPIFY · OPERATOR

Mai Rugs

We didn't take a retainer. We took half the company.

Premium Moroccan rugs. ZEU owns 50% and runs the full operator stack — artisan sourcing, contracts, logistics out of Africa, customs and tax diligence, and the paid growth engine.

  • Shopify 2.0
  • Custom Liquid sections
  • Klaviyo
  • Meta + Google ads stack
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The brief

Mai Rugs is a premium Moroccan rug brand we co-own. ZEU owns 50% of the business and operates everything outside the loom: sourcing artisans in Morocco, negotiating contracts, handling logistics out of Africa, managing customs and tax diligence, and running the paid marketing engine. The brief here isn't a build deliverable. It's the whole operating company.

What we did

  • Sourced artisans in Morocco and negotiated production contracts
  • Built the logistics chain out of Africa, including customs, duties, and tax diligence
  • Built the Shopify storefront with heritage-led product pages and trust signals
  • Run a £3,500 per month paid marketing engine at 7.69x ROAS
  • Own 50% of the company as an operating partner, not a vendor

The numbers

7.69x
Paid ROAS
£3.5k
Monthly ad spend
50%
ZEU equity

Gallery

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Mai Rugs gallery 1
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Mai Rugs gallery 2
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Mai Rugs gallery 3
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Mai Rugs gallery 4

What we said no to

  • Heavy carousel hero — slow and dated for a premium heritage product.
  • Loyalty popups on entry — premium brands don't beg.

Stack

  • Shopify 2.0
  • Custom Liquid sections
  • Klaviyo
  • Meta + Google ads stack
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