Zachary Prell, a New York City-based contemporary sportswear brand for men, raised $15m in Series A financing round.
TAL Group provided the funding. in conjunction with the round, Roger Lee, CEO of TAL Group, joined Zachary Prell’s board of directors.
The company intends to use the funds to accelerate expansion of the brand, its operational infrastructure and its e-commerce platform.
Launched in 2005 by CEO Zachary Prell, Zachary Prell manufactures, markets and sells a collection of contemporary sportswear for men, including sport shirts, knits, outerwear, sport coats, sweaters and swimwear.
The brand is currently available in over 200 stores throughout the United States, including Neiman Marcus, Nordstrom and Saks Fifth Avenue as well as leading specialty retailers such as Boyds in Philadelphia, Andrisen Morton in Denver and GARYS in Newport Beach.
The company also sells its collection online at www.zacharyprell.com.
FinSMEs
15/01/2014