Draper James, Reese Witherspoon’s Southern Inspired Lifestyle Brand, Raises $10 Million in Series B Financing
PRNewswire|Oct. 5, 2015
NEW YORK, Oct. 5, 2015 /PRNewswire/ — Draper James, a Southern inspired retail brand founded by Reese Witherspoon, today announced the closing of its Series B financing in the amount of $10 million. The round was led by Forerunner Ventures, the venture capital firm leading the way in defining a new generation of commerce, with participation from Stone Canyon Industries and existing investor JH Partners.
Reese Witherspoon’s retail brand Draper James just raised $10 million
Fortune|Oct. 2, 2015
It seems like celebrity and retail go hand in hand these days. From Jessica Simpson and her eponymous billion dollar empire to Jessica Alba’s unicorn startup Honest Company, the examples of female celebrities-turned-entrepreneurs abound. The latest star to join those ranks is Reese Witherspoon, with her launch of Southern-inspired brand Draper James back in May.
JH Partners sells part of stake in jewelry company Alex & Ani
Reuters | Dec 8, 2014
JH Partners has sold part of its ownership in jewelry company Alex & Ani, the private equity firm said on Monday. San Francisco-based JH Partners, which acquired a 40 percent stake in 2012, sold half of its holding to British buyout firm Lion Capital LLP.
SAN FRANCISCO, March 14, 2013 /PRNewswire/ — JH Partners, LLC, a private equity firm specializing in investing growth capital in consumer-focused companies, today announced it has agreed to sell its portfolio company CHEFS Catalog to Target Corp. (NYSE: TGT). Financial terms of the transaction, which is expected to close within 30 days, were not disclosed.
Gap opens first store in Uruguay with Neutral Duty Free
The Moodie Report|December 13, 2012
URUGUAY. Gap Inc, in partnership with leading travel retailer Neutral Duty Free, has opened its first stand-alone store in Uruguay.
Located within Punta Carretas Shopping Center in Montevideo, the capital city of Uruguay, the 700sq m outlet is also the first store to open in Mercosur, Neutral Duty Free CEO Enrique Urioste told The Moodie Report.
Lifestyle Brand Alex and Ani Receives Growth Investment from JH Partners
PR Newswire|October 23, 2012
PROVIDENCE, R.I., Oct. 23, 2012 /PRNewswire/ — Alex and Ani, LLC, a rapidly growing lifestyle brand and specialty retailer, today announced that JH Partners, LLC, a private equity firm specializing in investing growth capital in consumer-focused companies, has acquired an interest in the company. Financial terms were not disclosed, although the investment is believed to be one of the largest in its category this year.