Bonobos, the online-only men’s pants retailer that has defied the recession, is to receive $3 million from a consortium led by Colin Evans, co-founder of Stubhub.com.
Consortium members received a total 16 percent stake in the start-up, which company executives said is ahead of its 2009 projection to gross $6 million. Bonobos plans to use the funds to expand into new categories such as shorts, knit shirts and swimwear, as well as bolster customer service and invest in its Web site, bonobos.com.
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?"