Protea Investments’ fund parameters envision a sweet spot for the size of its investments at between $25 million and $100 million focused in the luxury sector.
The fund also plans a carefully chosen portfolio of small to midsize lifestyle fashion brands. Fashion is used loosely to mean more than just apparel and accessories, as the investment criteria for lifestyle fashion also includes both beauty and home decor. The fund recently completed its first investment in upscale home decor brand Serena & Lily that’s inspired by the California lifestyle.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)