Core tip: With this funding support, Ron Dorff will be able to grow further and expand further in international markets, especially the United States.
High-end menswear brand Ron Dorff has received a 4 million euro investment from Private Equity firm Puma Private Equity, foreign media reported.With this funding support, Ron Dorff will be able to grow further and expand further in international markets, especially in the United States.
Ron Dorff's clothing line, which includes Sportswear, home wear, lingerie and swimwear, is known in the Fashion world for its blend of high-end Swedish functionality and French style.The brand has grown rapidly in recent years and has become a well-known emerging leader in the men's tights category.
High-end menswear brand Ron Dorff has received a 4 million euro investment
Though this year's new flu pandemic had a certain impact on retail sales, but Ron Dorff said in a statement, the brand in the online sales performance is very "inspiring" after it won the Puma Equity investment, and the future with the help of the Puma Equity, Ron Dorff will continue to actively expand the market, particularly in the us market).That may be a sign that Ron Dorff is doing so well in e-commerce that Puma Private Equity, an investment firm, is keen.
Ron Dorff brand was co-founded in 2012 by Jerome Touron and Claus Lindorff.Ron Dorff is a classic example of an e-commerce startup.When the brand was launched in 2012, its first online store was built. It only opened its first store in Paris in 2013, and then opened two franchised stores in famous department stores in Paris.In addition, due to the increasing number of customers, Ron Dorff only expanded his business to London, UK and Berlin, Germany in 2016 in order to expand the wholesale channel business and the surging consumer group.
High-end menswear brand Ron Dorff has received a 4 million euro investment
Ron Dorff's online business is better than offline because of the impact of the epidemic this year, which is the strength of the brand.Up to now, the brand's online mall function has been open to more than 80 countries around the world.However, there are only five offline brand independent operating stores and more than 70 wholesale partners in the world.
With the help of Puma Private Equity, an investment company which is an industry expert in enterprise scale expansion, I believe Ron Dorff brand will surely attract rapid and rapid development.
Ron Dorff founder and CHIEF executive Claus Lindorff said: "We are delighted to be partnering with Puma Private Equity.With their support, we will not only be able to position ourselves first in the market and offer our customers more premium tights products, but we will also be able to achieve our aggressive market expansion goals over the next few years."
