Kendra Scott Receives Minority Growth Equity Investment from Norwest Venture Partners

kendrascott-logoKendra Scott, an Austin, Texas-based fashion jewelry designer, received a substantial minority growth equity investment from Norwest Venture Partners (NVP).

The investment, whose amount was not disclosed, will enable the brand to further expand its retail, wholesale and online presence as well as build overall awareness levels.

Led by Kendra Scott, founder and CEO, Kendra Scott is a fashion accessories brand sold at premiere retailers including Neiman Marcus, Nordstrom, Bloomingdale’s and over a thousand specialty boutiques worldwide.
By year’s end, the company will have 17 retail stores with plans to open additional stores in key locations across the United States. The brand also offers the Kendra Scott Color Bar™, a jewelry customization experience available in all Kendra Scott stores as well as www.KendraScott.com.

FinSMEs

30/07/2014

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