NEW YORK — Creatures of the Wind is about to take flight, thanks to a major investment from The Dock Group.
After speaking with potential moneymen for a year or so, founders Shane Gabier and Christopher Peters have signed a deal with the Los Angeles-based firm, which is headed by Matthew Walker, The Row’s former president and chief operating officer.
Walker declined to reveal the stake he is acquiring in COTW, or the level of the investment, but said The Dock’s strategy is to invest $300,000 to more than $1 million in brands.
The capital infusion is welcome news for the two designers, who have spent the past few years using the basement of their Chicago house as a design studio and taking a very hands-on approach to distribution. The company has less than $1 million in sales.
“Initially, we tried to ship from Chicago but we use New York factories. We started shipping directly from Midtown, literally carrying boxes from factory to factory, which is tiring if you are doing a really big order,” Peters said. “It was pretty unique.”
Alberta Ferretti's "Rainbow Week" sweaters are back. The designer closed her #MFW show with a few day-of-the-week sweaters, which first debuted on the catwalk last January as part of the pre-fall 2017 collection. #wwdfashion (📷: @delphineachard)