Totême AB

Founded in 2014 and based in Stockholm, Sweden, Totême AB is a luxury fashion brand that specializes in modern, minimalist apparel and accessories, catering to style-conscious consumers across North America and Europe. Totême AB, established in 2014 and headquartered in Stockholm, Sweden, is focused on designing luxury fashion. The company was co-founded by Elin Kling and Karl Lindman, with Elin Kling currently serving as CEO. In May 2021, Altor invested in Totême, acquiring a minority stake to facilitate the brand's continued global expansion efforts.

Totême specializes in luxury fashion apparel and accessories that embody a modern, minimalist aesthetic. The company's core product offerings include a diverse range of clothing items, such as ready-to-wear garments, outerwear, and dresses, as well as a selection of bags, shoes, and jewelry. Each collection is thoughtfully designed with fluid silhouettes and artisanal details, catering to a clientele that values high-quality, stylish pieces suitable for both casual and formal occasions. In 2022, Totême generated revenue of USD 60.

47 mn and reported an EBITDA of USD 17. 62 mn, reflecting its direct-to-consumer sales strategy through its official online store, which emphasizes premium pricing and exclusive collections. Following the investment in May 2021, Totême plans to expand its market presence, particularly in Asia, while enhancing its accessories categories. The funding will support the company's ongoing strategies for global growth, aiming to launch new products designed to meet the evolving demands of its clientele.