Knot Standard Will Open More Stores In More Key Markets.
TRAUB's investment will help Knot Standard continue to maintain rapid growth and build brand and business channels.
Knot Standard will open more stores in more key markets, develop more marketing strategies, diversify product categories, and further innovate e-commerce platforms.
Knot Standard
It plans to open 5 new stores in 2016, two of them in Losangeles and San Francisco, while the other three will be located in the potential submarkets in the northeast and southwest of the United States.
Knot Standard co-founder and chairman John Ballay also issued a statement: "as technology continues to enhance customer's retail experience, men's clothing is entering an exciting new era.
TRAUB
The rich experience in this industry will help Knot Standard expand and provide many very helpful professional advice for our retail mode and e-commerce platform. "
This investment reflects the long-term strategy between Marvin Traub Associate and Knot Standard.
Partnership
It is also the first direct investment of TRAUB Capital.
TRAUB Capital will actively help Knot Standard continue to maintain growth momentum in the future.
Marvin Traub Associates's chairman and CEO Mortimer Singer said: "Knot Standard connects three important areas of retail industry: customization, multi-channel and growing men's wear area.
Their customized men's clothing business has great potential and has obvious advantages compared with other enterprises in the same field.
Relying on excellent product quality and deep understanding of customers, TRUAB believes that the brand will continue to take the leading position in the industry in the future.
We are very pleased to cooperate with Matthew and John. "
"The clothing industry is entering a new era," said Knot Standard co-founder and CEO Matthew Mueller. "New technology and new products" have brought about great changes in this field.
Thanks to our customers, Knot Standard is now one of the fastest growing ten retail brands in the United States.
This also proves that the customized garments will be the future of the fashion industry.
TRAUB's team is full of talent. With their help, we will contact other customers from around the world, introduce more different products, and introduce new standards for customized retail in the next few months.
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Knot Standard, founded in 2010, is the first custom menswear brand in the United States to produce various luxury tailored suits, shirts, trousers, windbreaker and casual wear.
In addition to online platforms, the company also sells high-end tailored men's clothing at 7 stores worldwide.
These stores also have professional Personal stylists to advise customers.
The company measures customer size through innovative technology, and customize suits through a global digital tailoring facility.
The Knot Standard custom menswear is reasonably priced and guaranteed to fit perfectly.
The concept of Knot Standard is very simple: by helping customers create a unique and impeccable customized garment, it not only meets the needs of customers for clothing, but also increases their pride.
As one of the fastest growing companies in the United States, Knot Standard has attracted a lot of media attention and attracted a large number of loyal customers.
"Inc. Magazine" recently released the fastest growing Private Held Company list in the United States, "annual Inc. 5000", Knot Standard is in the 130th place.
At the same time, Knot Standard ranks tenth among the fastest growing companies in the United States, while it ranks ninth in New York.
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