LOS ANGELES — Nau, the outdoor clothier that aggressively integrated e-commerce with traditional brick-and-mortar stores, said it will shut down operations because of insufficient funding.
The Portland, Ore.-based company said it was unsuccessful in securing money in its fourth round of funding. Since its founding three years ago by Nike and Patagonia veterans, Nau has raised $35 million from private and institutional investors, including hedge funds and private equity firms.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"