![]() ![]() “The DNA of a company is created in the first 90 days,” he said, noting that the brand was able to marry strong design and product with strong business processes early on. Khaite’s success started at the very beginning, he said. In an interview, Pritzker said it was Stripes that would be “leading the next phase for this company” and he predicted the brand would move “onward and upward.” The investment firm’s fashion brain trust includes operating partner Brigitte Kleine, who has served as president at Tory Bruch, Michael Kors and Alexander McQueen, among other high-profile industry roles. Stripes specializes in high-growth software and consumer businesses, with investments in the sustainability-minded Reformation, workwear brand Brunt, running shoe company On Holding, intimates brand Parade and more. We are excited to build from this tremendous foundation to support the team in scaling a global luxury house.” ![]() Ken Fox, founder and partner at Stripes, said, “Khaite is an extraordinary brand rooted in product quality and taste. The new money will be used to power the brand’s next stage of growth. ![]() Khaite offers ready-to-wear, footwear, handbags and accessories through 270 points of distribution with 120 global partners as well as its own e-commerce and brick-and-mortar operations. The next stage of investment will further accelerate Khaite’s expansion and ensure greater visibility for an already iconic brand that is redefining American luxury.” “In partnership with Cate, we accomplished the extremely audacious goal of building the foremost American luxury brand. “Cofounding and building Khaite has been an honor,” Pritzker said. ![]()
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