With the high-end jewelry sharing business Flont, founder Cormac Kinney aims to help a host of companies cash in on the sharing economy.
Kinney, who is married to jewelry designer Mimi So, launched the site “fairly stealthily” in January with a little help from New York stylist Jackie Astier, who hosted a friends-and-family event. With 15 investors including Carmen Busquets, Google Japan’s chief marketing officer Miki Iwamura, former Coach executive vice president of global marketing and strategy Stephanie Stahl, former Coca Cola president Jack Stahl, Jefferies & Co. head of strategic investments Vlad Portnoy and former New York Times executive vice president Denise Warren, Flont has raised $2 million.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)