85 418
Fashion Jobs
NEIMAN MARCUS
Senior Manager, Fulfillment Operations
Permanent · PITTSTON
NEIMAN MARCUS
Loss Prevention Investigator- Charlotte
Permanent · CHARLOTTE
LULULEMON
Visual Merchandising Specialist | Toledo Local
Permanent · TOLEDO
LULULEMON
Community Specialist | Martha's Vineyard
Permanent · EDGARTOWN
LULULEMON
Community Specialist | Market Street, Lynnfield
Permanent · LYNNFIELD
LULULEMON
Expeditor (9pm - 2am) | Scottsdale Fashion Square
Permanent · SCOTTSDALE
LULULEMON
Visual Merchandising Specialist | University Place, Orem - Full Time
Permanent · OREM
LULULEMON
Visual Merchandising Specialist | The Shops at Mission Viejo
Permanent · MISSION VIEJO
LULULEMON
Community Specialist | Village Meridian
Permanent · MERIDIAN
NORDSTROM
Customer Service Representative - Montgomery Mall
Permanent · BETHESDA
NORDSTROM
Retail Stock - Chandler Festival Rack
Permanent · CHANDLER
NORDSTROM
Customer Service Representative - Old Orchard Center
Permanent · SKOKIE
NORDSTROM
Chef - Nordstrom Grill - City Creek Center
Permanent · SALT LAKE CITY
NORDSTROM
Retail Stock - Mayfair Collection Rack
Permanent · WAUWATOSA
NORDSTROM
Asset Protection - Agent - International Plaza
Permanent · TAMPA
NORDSTROM
Area HR Business Partner - NE Stores - CT/NY Market
Permanent · NORWALK
NORDSTROM
Retail Stock - The Village at Totem Lake Rack
Permanent · KIRKLAND
NORDSTROM
Service Experience Rep - Fashion Island
Permanent · NEWPORT BEACH
NORDSTROM
Asset Protection - Agent - Pentagon City
Permanent · ARLINGTON
NORDSTROM
Asset Protection - Security Ambassador - Pentagon City
Permanent · ARLINGTON
NORDSTROM
Asset Protection - Agent - Westfield Culver City Rack
Permanent · CULVER CITY
NORDSTROM
Retail Stock - The Palms at Town & Country Rack
Permanent · KENDALL
Published
Feb 4, 2017
Download
Download the article
Print
Text size

Kendra Scott finds new investor in Berkshire Partners

Published
Feb 4, 2017

Boston-based investment firm Berkshire Partners announced on Wednesday that it has completed its investment in Kendra Scott Designs, Inc. The firm announced in December that it would invest in the jewelry brand.


Kendra Scott

 
Following the investment, all senior leaders will remain in their current positions at Kendra Scott and will focus on growing the brand’s omnichannel presence. In addition, Scott, the Founder and CEO of her namesake jewelry brand, will remain as majority shareholder. Kendra Scott in November hired an investment bank to explore a sale.
 
“We are excited to partner with the Berkshire team,” commented Kendra Scott. “ no quote Their expertise in working with consumer and fashion brands, their collaborative culture and their long-term approach to investing are a great fit for our Company.”

Founded in 2002, Kendra Scott offers a unique collection of jewelry, accessories, home goods and beauty products. The Austin, Texas-based company is sold at over 600 global specialty boutiques and national retailers such as Neiman Marcus, Nordstrom, Bloomingdale’s and Von Maur.
 
New investor Berkshire Partners has made over 115 investments since its founding in 1986 and has raised nine private equity funds with over $16 billion in aggregate capital commitments. Other investments in the retail sector have included Aritzia, Bare Escentuals, and Carter’s among others.
 
Norwest Venture Partners and Capstar Partners will continue as investors in Kendra Scott.

Copyright © 2024 FashionNetwork.com All rights reserved.