Lola, an early adopter of the direct-to-consumer, better-for-you tampon model, has raised a $24 million series B round.The round was led by ACG — an investor in Harry's, Tata Harper and Nudestix — with support from existing investors Spark Capital, Lerer Hippeau and Brand Foundry Ventures. Karlie Kloss, Lena Dunham, Allison Williams and Serena Williams are also early investors in the brand.The business plans to use the capital to expand categories, fund off-line projects and expand its team. (At present, Lola has 19 full-time employees.)Lola, launched in 2015, makes tampons, pads and liners made with organic cotton, a first-period kit and a cramp care collection. Earlier this year, the company ventured into sex products with condoms, personal lubricant and natural feminine cleansing wipes."What we've been able to do over the last three years is take a conversation that started with just menstruation and even more specifically, with tampons and ingredients, and expand it beyond just a product," said Jordana Kier, cofounder of Lola. The goal is to get women to have conversations and think about reproductive health as part of their "wellness routine," Kier noted.As far as categories, Kier sees potential to expand to cover products women need on their wellness journeys, from their first period to last hot flash, she said. The brand — for now exclusively direct-to-consumer — is also considering going into retail so products are available to consumers wherever they are trying to shop.Lola sits in a women's wellness segment that increasingly overlaps with the beauty industry. For more, see The Vagina Diaries: Beauty World Embraces Feminine Care.
To celebrate Pride 2018, @themarcjacobs released the #GratefulNotHateful campaign, a social media initiative aimed at extending Pride beyond the parade. Inspired by Jacobs’ everyday outlook, the campaign features Jacobs along with a group of models and social media stars who are members and supporters of the LGBT community, all seen wearing @marcbeauty’s Highliner Gel Eye Crayons in colors of the rainbow. Head to our Instagram stories to see close-ups of the liner. #wwdbeauty
Virgil Abloh’s dad Nee and Don Crawley, cofounder of RSVP Gallery, were some of the hometown crew at the Chicago-born designer’s debut show for Louis Vuitton. (📸: @jdiderich ) #wwdmens #louisvuitton #virgilabloh
About last night: @marycharteris and @adwoaaboah hit up Hyde Park for the Serpentine Galleries’ annual summer party held in partnership with @chanelofficial. Head to WWD.com to see more photos. #wwdfashion
“This is Paris, my first show. I’m all about democracy. If some kid shows up, flew from New Jersey to just be around, let’s get him a seat.” — @virgilabloh tells WWD’s @jdiderich ahead of his first show for @louisvuitton men’s. (📸: @alfredo_piola ) #wwdmens #virgilabloh #louisvuitton
“Kate Spade was a true fashion icon who brought joy to the lives of women around the world, and inspired women to live life to the fullest. We are dedicated to carrying on her legacy,” said Anna Bakst, brand president and chief executive officer of @katespadeny. The Kate Spade Foundation announced that it will be donating $1 million to suicide prevention and mental health awareness in tribute to the recent death of Kate Spade. Read more on WWD.com. #wwdnews (📷: @chinseephoto)
A first look at @virgilabloh’s sneakers for @louisvuitton. Abloh spoke to WWD about his debut collection for Louis Vuitton, creating @kendalljenner’s #metgala outfit and redefining the heritage brand. Read the full story on WWD.com. #wwdfashion 📷: @alfredo_piola)
The world’s largest producer of denim @iskodenim is sharing the strategy behind its product development process. Read our full interview with ISKO’s product development manager Baris Ozden on the company’s extensive research practices, upcoming denim trends and the latest material innovations on WWD.com. #iskodenim