rag & bone

rag & bone

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Launch date
Employees
Market cap
-
Enterprise valuation
$57m (Public information from Feb 2024)
New York City New York (HQ)
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DateInvestorsAmountRound

N/A

Growth Equity VC
*

$56.5m

Valuation: $56.5m

Acquisition
Total Funding-

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Rag & Bone is a contemporary fashion brand that specializes in creating high-quality clothing, shoes, and accessories for both men and women. The company is known for its effortless urban style and expert craftsmanship. Rag & Bone operates in the global fashion market, serving clients who value authenticity, innovation, and timeless design. Their target customers are fashion-conscious individuals who appreciate well-made, stylish apparel.

The business model of Rag & Bone is centered around direct-to-consumer sales through their website, rag-bone.com, and physical retail stores. They also offer personalized styling services, where customers are paired with expert stylists to create customized looks based on their personal style preferences. This service enhances customer satisfaction and loyalty by providing a tailored shopping experience.

Rag & Bone generates revenue through the sale of its products, which include a wide range of clothing, shoes, and accessories. They also offer gift cards, which can be purchased electronically, providing an additional revenue stream. The company ensures customer satisfaction by offering a guarantee on their products; if an item does not hold up reasonably well, they will fix or replace it.

The brand prides itself on its commitment to quality, sustainability, and ethical practices. They employ individuals who share these values and bring integrity and personality to their work. Rag & Bone's dedication to these principles is reflected in their products and the overall customer experience.

In summary, Rag & Bone is a fashion brand that combines urban style with high-quality craftsmanship, serving a global market of discerning customers. Their business model focuses on direct sales, personalized styling services, and a strong commitment to customer satisfaction and ethical practices.

Keywords: urban style, high-quality, craftsmanship, fashion, clothing, shoes, accessories, personalized styling, global market, ethical practices.

Tech stack

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