Nic + Zoe
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Nic + Zoe - overview
Location
New York, NY, US
Primary Industry
Retail
About
Nic + Zoe is a women's apparel brand specializing in stylish, versatile clothing designed to accommodate a diverse range of body types, including petite and plus sizes. The company is known for its focus on sustainability and comfort in fashion. Nic + Zoe is a women's apparel company based in New York, US, founded by Dorian Lightbown. The brand offers stylish clothing tailored for various body types.
The company does not have any known subsidiaries and has not recently pivoted its business strategy. In June 2012, Raptor Capital Management completed growth financing for Nic + Zoe, although the specific financial details of this round were not disclosed. The company has participated in two distinct investment deals to date. NIC+ZOE specializes in women's apparel, focusing on stylish and versatile clothing that caters to a diverse range of body types, including petite and plus sizes.
Their core product offerings encompass an array of garments such as sweaters, cardigans, dresses, skirts, blouses, and knit tops, all designed with an emphasis on sustainability and ease of wear. The brand prioritizes creating elevated, artful designs that do not compromise on comfort, appealing to fashion-conscious women seeking both style and practicality. NIC+ZOE's products are primarily sold through their online platform and selected retail partners across the contiguous United States, with a commitment to ensuring a positive shopping experience for their clientele. The customer base includes everyday consumers as well as members of their Inner Circle Loyalty program, who benefit from exclusive offers and early access to new arrivals.
The revenue structure of NIC+ZOE is primarily driven by direct-to-consumer sales through their e-commerce platform, along with select retail partnerships. Transactions occur as customers purchase individual items, often taking advantage of promotional offers such as seasonal discounts and loyalty incentives. The company's pricing strategy reflects its positioning in the mid-to-premium market segment, with various products, including their flagship offerings like the Gold Label and Brands We Love, available at competitive price points. Customers can expect a streamlined purchasing process, with options for free shipping on orders over a specified threshold, enhancing the overall shopping experience.
All sales are final, underscoring the brand's focus on clear transaction policies. In June 2012, following growth financing from Raptor Capital Management, NIC+ZOE intends to launch new product lines focusing on sustainable fashion innovations. The company is planning to expand its market presence into the European region by 2024, targeting key fashion hubs. The recent funding will support the development of these new products and facilitate the geographic expansion, aligning with the brand's strategy to reach a wider audience.
Current Investors
Palladin Consumer Retail Partners, Raptor Capital Management
Primary Industry
Retail
Sub Industries
Department Stores
Website
www.nicandzoe.com
Total Amount Raised
Subscriber access only
Nic + Zoe - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Nic + Zoe | - |
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