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A vegan fashion brand specializing in faux fur coats has raised $3 million.
Apparis, which is based in New York and is best known for creating colorful faux fur coats, will use the cash to expand its operations.
The company was founded in 2016 by Amelie Brick – former Louis Vuitton business manager – and Lauren Nouchi – former Saint Laurent merchandiser.
‘Strong strategy’
Apparis is currently available in more than 500 stores in the US and in 20 countries.
A statement released by the brand said it would use the funding to establish a ‘strong digital direct-to-consumer strategy and to continue to aggressively grow the business in the US and internationally’.
‘Design genius’
Shana Fisher, managing partner at Third Kind Venture Capital, said: “The co-founders bring a unique mix of business and design genius which has allowed Apparis to become a powerful multichannel brand.
“We look forward to continuing to support their expansion in the US and globally.”
