Proenza Schouler is a New York based womenswear and accessories brand founded in 2002 by designers Jack McCollough and Lazaro Hernandez. The brand has been influential in revitalizing American fashion, winning multiple CFDA awards, including the Swarovski award for Ready-to-Wear and the Accessory Designer of the Year award. In 2019, the brand expanded with the launch of its secondary line, Proenza Schouler White Label, designed to offer a more casual and accessible range.
Proenza Schouler's success is also evident in its collaborations with renowned brands such as L’Oréal, Birkenstock, and Mercedes-Benz. The company received a significant $12.50M funding round investment on 23 November 2018. This injection of capital has likely supported its expansion and innovation efforts in the competitive fashion, manufacturing, retail, and apparel industries.
With a flagship boutique in New York and distribution in over 350 doors globally, including prominent retailers like Bergdorf Goodman, Saks Fifth Avenue, and Net-A-Porter, Proenza Schouler has established itself as a leading luxury fashion brand. The brand’s distinctive use of fine luxury materials and its signature satchel, the PS1, have contributed to its strong market presence and appeal.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Funding Round | $12.50M | - | 23 Nov 2018 | |
| Private Equity Round | Unknown | 1 |
|
23 Jun 2015 |
| Corporate Round | $3.70M | 1 | Valentino | 10 Jul 2007 |
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