By  on January 23, 2018

Athletic retailer Foot Locker Inc. has made a $15 million strategic investment in Carbon38.

The Series A round brings the aggregate raise by Carbon38 to $26 million since 2013. The women’s luxury lifestyle brand has its roots in the active apparel space, and last year entered the ready-to-wear market. Katie Warner Johnson and Caroline Gogolak cofounded the Los Angeles-based firm in 2012. Johnson is its chief executive officer. Gogolak left the company last year, but she and Johnson remain the firm’s two largest shareholders.

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