Ciara And Russell Wilson’s Fashion House Will Raise Up To $50M As Revenue Grows
Jan 11, 2022
The news: The House of LR&C, a Seattle-based fashion house co-founded by music superstar Ciara and Seattle Seahawks quarterback Russell Wilson, plans to raise up to $50 million this year as part of a Series A investment round. Axios first reported the news.
The background: The husband-wife duo helped launch the company in 2020 as a way to house their fashion brands — Good Man Brand; Human Nation; LITA by Ciara — under one roof. The brands sell across multiple channels, including direct-to-consumer, wholesale, and potentially later in retail stores. The company is co-led by former Lululemon and Starbucks exec Christine Day and employs less than 30 people. Read more at Geek Wire.