Tamara Mellon Secures $50 Million In Funding
Tamara Mellon, a CURIO friend and general inspiration, has made headlines after receiving a whopping $50 million dollars in series-c funding counting the likes of Centricus, Quadrille Capital and Goop backer New Enterprise Associates as investors. According to the Hollywood Reporter, ‘Mellon stated that they plan to use the funding for manufacturing innovation and more retail stores (after opening the first brick-and-mortar location at Palisades Village in November) and will expand from 40 to 60 employees this year. ‘
"In the first half of my career, I built one of the biggest luxury brands in the world, but I left to start something that I’d be more proud of culturally. This investment is a validation of that vision and my team’s work to create a modern luxury brand that has values," Mellon told The Hollywood Reporter in a statement. She previously told THR that she is in her Los Angeles office every day with her team. "In fact, I've completely changed the culture of the way I work and the way I used to work. Now I actually sit in an open space. ... The difference between what I'm doing with Tamara Mellon brand and how I built Jimmy Choo is the business model is totally different and the culture is totally different." (Mellon for The Hollywood Reporter)
This news comes at an exciting time as female identifying entrepreneurs are gaining more and more recognition in industry news. The likes of Rihana, Emily Weiss, Shan Lyn-Ma and so many more, are shattering records left and right, proving what we all already knew - that women are capable of anything.