Derek Lam International LLC
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Derek Lam International LLC - overview
Established
2002
Location
New York, NY, US
Primary Industry
Retail
About
Derek Lam International LLC is a luxury fashion brand specializing in high-end clothing designed for sophisticated women. The company focuses on elegance and versatility, offering a wide range of stylish attire. Derek Lam International LLC, founded in 2002 in New York, US, is known for its luxury fashion offerings. The company primarily operates from its headquarters in New York, with a focus on creating modern apparel.
The company was involved in a funding round where Sandbridge Capital acquired a minority stake in January 2014 for an undisclosed amount. The CEO is Derek Carpenter, and Jan-Hendrik Schlottmann plays a significant role in the company's leadership. Derek Lam specializes in luxury fashion, offering a diverse range of clothing that caters to the sophisticated woman. Their core products include a variety of dresses, denim, tops, skirts, pants, and outerwear, each designed with an emphasis on modern elegance and refined details.
The brand focuses on creating timeless pieces that transition seamlessly from casual to formal occasions, addressing the need for versatile and stylish attire in contemporary wardrobes. Derek Lam's clothing is crafted from premium materials, often with a commitment to sustainability, ensuring that each piece not only looks good but is also made responsibly. The company primarily serves customers in the United States, with international shipping options available to various markets, allowing them to reach a global audience of fashion-conscious consumers. Derek Lam generates revenue through direct-to-consumer sales of its luxury clothing lines, which include signature items such as dresses, denim, and designer tops.
Transactions within the business typically involve customers purchasing individual items either through the company’s online platform or physical boutiques. Pricing structures for their products are positioned at a premium level, reflecting the luxury nature of the brand; for example, dresses are priced between USD 350 and USD 550, while trousers and tops also fall within a similar pricing range. The company promotes special offers, such as seasonal discounts and promotional codes, to encourage sales and attract new customers, enhancing the brand's ability to provide personalized shopping experiences and styling advice. Derek Lam International LLC is focused on expanding its product offerings and market reach.
The company is in the process of designing new collections aimed at further enhancing its luxury lineup, though specific launch dates are yet to be announced. Additionally, there are plans to target new geographic regions for expansion, with international markets being a key focus over the coming years. The recent investment from Sandbridge Capital will be utilized to support these initiatives, enhancing product development and market entry strategies.
Current Investors
Sandbridge Capital
Primary Industry
Retail
Sub Industries
Accessories, Footwear, Clothing Stores
Website
www.dereklam.com
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Derek Lam International LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | Derek Lam International LLC | - |
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