About Rag & Bone
Rag & Bone creates high-quality clothing, shoes, and accessories for men and women, focusing on an effortless urban style and expert craftsmanship. Their products are sold directly to consumers through their website and physical stores, allowing for a personalized shopping experience with expert stylists who help customers create customized looks. This tailored service enhances customer satisfaction and loyalty. Rag & Bone stands out from competitors by emphasizing quality, sustainability, and ethical practices, ensuring that their products are made with integrity. The company's goal is to provide stylish, well-made apparel while maintaining a commitment to customer satisfaction and responsible business practices.
New York City, New YorkHeadquarters
2002Year Founded
ACQUISITIONCompany Stage
Consumer GoodsIndustries
501-1,000Employees
Risks
Integration with Guess and WHP Global may disrupt operations and brand identity.
Andrew Rosen's leadership could lead to strategic shifts alienating existing customers.
Expansion into Tampa may face challenges from local competition and market saturation.
Differentiation
Rag & Bone combines British heritage with modern New York design.
The brand offers personalized styling services for a tailored shopping experience.
Rag & Bone is committed to quality, sustainability, and ethical practices.
Upsides
Partnership with Astound Commerce enhances online customer experience and DTC operations.
Guess and WHP Global's acquisition provides resources for market expansion and innovation.
New store in Tampa, Florida, captures a growing market and increases brand visibility.
Funding
Total raised$56
Latest valuation$56.50 M
StageACQUISITION
ACQUISITION
1/31/2024$56
$56.50 M