×
68 620
Fashion Jobs
TIFFANY & CO
Finance Analyst- Latam
Permanent · New York
OLD NAVY
Unassigned General Manager - Dallas West
Permanent · Denton
ASCENA
Loft Outlet - Five Oaks Part-Time Sales/Stock
Permanent · Sevierville
LULULEMON
Assistant Manager, Operations | San Marcos Premium Outlet
Permanent · San Marcos
LULULEMON
Assistant Manager, Operations | Scottsdale Quarter
Permanent · Scottsdale
LULULEMON
Assistant Manager, Operations | Broughton st (Savannah, ga)
Permanent · Savannah
GAP
General Manager - Topanga Plaza
Permanent · Los Angeles
ADIDAS
Senior Finance Analyst
Permanent · Portland
ADIDAS
Key Account Manager - Macy's
Permanent · New York
MACY'S
Asset Protection Detective, Bay Fair - Full Time
Permanent · San Leandro
MACY'S
Asset Protection Detective, North Point - Full Time
Permanent · Alpharetta
MACY'S
Asset Protection Detective, Santa Rosa Plaza - Full Time
Permanent · Santa Rosa
MACY'S
Asset Protection Detective, West Covina - Full Time
Permanent · West Covina
MACY'S
Asset Protection Captain, Sunrise - Full Time
Permanent · Citrus Heights
MACY'S
Asset Protection Detective, Center City - Full Time
Permanent · Philadelphia
MACY'S
Asset Protection Detective, Kaahumanu Center - Full Time
Permanent · Kahului
MACY'S
Asset Protection Detective, Lakeside - Full Time
Permanent · Metairie
MACY'S
Manager, Asset Protection Multi-Store
Permanent · Maplewood
MACY'S
Asset Protection Security Guard, Metro Center - Full Time
Permanent · Washington
MACY'S
Senior Manager Omni Operations
Permanent · Chicago
MACY'S
Manager, Merchandise Execution
Permanent · Santa Clara
MACY'S
Manager, Merchandise Execution
Permanent · Santa Clara
Published
Sep 30, 2019
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

YogaClub gains $2 million investment

Published
Sep 30, 2019

Size-inclusive women’s yoga subscription box company YogaClub has inked a deal for a $2 million investment.


Instagram @yogaclubbox


According to a press statement, the credit facility came from Craft Capital Management, a Garden City, New York-based brokerage firm. Craft Capital Management, LLC, a full-service Investment Bank, closed the loan this month. 

“YogaClub has a terrific online presence, doing eight figures in sales,” said Barry Kiront, chief executive officer of Craft Capital Management. “What they needed was some working capital to continue their growth pattern. We were impressed by the company, their vision, and their management team.” 

Offering its users a monthly or bi-monthly subscription, the El Segundo, California-based YogaClub offers a box with activewear items from brands like Manduka, Free People, Columbia, Skechers and Niyama Sol, among others. The company allows customers to choose from three different packages that provide either one pair of leggings, one two-piece outfit or one three-piece outfit per box. On its website, the company said that each three-piece box contains on average $160 of retail value yoga and workout apparel for $79.

Though each brand’s size range varies, YogaClub’s variety of activewear labels provide a combined size range from XS to XXXL.

“We’re making activewear affordable for all women by selling a coordinated 3-piece outfit for less than a single pair of yoga pants,” said YogaClub Chief Executive Officer Scott Yamano. “Demand has enabled us to hit our first ceiling in record time. With this investment loan, we can continue and accelerate our growth.”

The investment comes as both size-inclusive apparel and activewear continue to top the list of increasingly growing apparel markets.

According to a February report from ResearchAndMarkets.com, the women's activewear market was valued at $124.65 billion in 2017 and is expected to be growing at a compounded annual growth rate (CAGR) of 8.2% during the forecast period from 2018 to 2026.

In addition, a Digiday report from March of this year reported that the plus-size market is expected to grow to $24 billion in the U.S. by 2020, with an annual growth rate about twice that of the total clothing market.

Copyright © 2022 FashionNetwork.com All rights reserved.