Naadam, the sustainable cashmere company with a can’t-make-this-up backstory, today revealed it has raised $16 million in Series A funding. Private equity firm Vanterra Capital led the round with participation from Silas Chou’s Torch Capital; U-Start Club, a venture capital firm that syndicates investments from Italian and Swiss family offices into global high-growth digital ventures; Trail Post Ventures, and Plug and Play Ventures.
Matthew Scanlan cofounded the brand with Diederik Rijsemus and Hadas Saar in 2015, after Scanlan and Rijsemus decided somewhat on a whim to take a trip to Mongolia, where they ended up tagging along with an American journalist to interview herders in the Gobi Desert and getting stranded there for three weeks. The trip resulted in them disrupting the cashmere supply chain by cutting out the middleman and purchasing directly from the herders, which leads to significantly lower prices and supply chain sustainability.
Thought bike shorts were going anywhere? Think again. The sporty trend was seen on the spring runways of Fendi, Area, Roberto Cavalli, and Stella McCartney to name some. Tap the link in bio to see what other major trends to expect this coming spring. #wwdfashion
Photographed by @Kukukuba
In a custom Dior dress fit for a supermodel, @karliekloss married her longtime love, @joshuakushner, in upstate New York yesterday evening. No word yet on honeymoon plans or, more interesting, the guest list. Kloss’ new sister-in-law, Ivanka Trump, did however share her congratulations when they couple became engaged in the summer. “So, so happy for you and Josh! I feel blessed to have you as a sister (!!!) Karlie and look forward to the happy memories we will create together as a family!” wrote Trump on Instagram. Tap the link in bio for everything we know so far. #wwdeye #rg
We are on the ground in Tokyo, a city known for its experimental style, shooting the best street style looks outside the shows. Tap the link in our bio for some serious trend inspiration from Tokyo Fashion Week. #wwdfashion
Photographed by @onilx