This article contains content that is written like an advertisement .(July 2019) |
Industry | Textile |
---|---|
Founded | 2014 |
Founders | Nate Checketts, Carras Holmstead, Casey Edgar, Kyle McClure, Ben Checketts |
Headquarters | 484 Pacific St., , |
Number of locations | 14 |
Area served | Worldwide |
Key people | Nate Checketts (CEO), Ben Checketts (Creative Director) |
Products | [[Activewear] |
Brands | Rhone, SilverTech, GoldFusion |
Number of employees | 100 (2023) |
Website | rhone.com |
Rhone Apparel (referred to simply as Rhone) is an American company producing and selling activewear.
Rhône is a company that was founded in 2014 in New Canaan, Connecticut by brothers Nate and Ben Checketts, Casey Edgar, Kyle McClure and Carras Holmstead. [1] The company's name is inspired by the river and region in France with the same name, known for its historical significance and aesthetic beauty. [2]
Initially launched as a web-only retailer, Rhone later partnered with Bloomingdale's in November 2014, expanding its sales to five locations. In 2015, the company's products were stocked in a total of 127 locations, including retailers such as Nordstrom, Equinox, and CorePower Yoga. [3] In November 2015, Rhone generated 62% of its total annual revenue for 2014. [4]
In September 2015, Rhone announced the closing of a $5 million Series A financing round, with investments from individuals in sports, media, and fashion industries. [5] Since its inception, Rhone has raised a total of $6.2 million in funding. [3] In February 2016, the company acquired a building in Stamford, Connecticut to serve as its new headquarters. [6]
Rhone primarily manufactures and sells activewear. The company uses fabrics like organic cotton, recycled polyester, merino wool, and modal in their products. Many of the company's offerings include antimicrobial and breathable fabrics. [5] [7] [8] Flatlock stitching, where the seams lie flat with edges of fabric butting together rather than folding together, is used to avoid chafing. [4]
Historically focused on men's activewear, Rhone began selling a permanent line of women's activewear in April 2024, [9] after having offered temporary women's collections in the past. [10]
The company sometimes stitches or adheres inspirational messages onto its products, such as "Don't Die Without a Few Scars" or "What We Do in Life Echoes in Eternity." [11]
Zara is a fast-fashion retail subsidiary of the Spanish multinational fashion design, manufacturing, and retailing group Inditex. Zara sells clothing, accessories, beauty products and perfumes. The head office is located at Arteixo in the province of A Coruña, Galicia. In 2020 alone, it launched over twenty new product lines.
Gildan Activewear Inc. (/ˈɡɪldən/) is a Canadian manufacturer of branded clothing, including undecorated blank activewear such as t-shirts, sport shirts and fleeces, which are subsequently decorated by screen printing companies with designs and logos. The company also supplies branded and private label athletic, casual, and dress socks to retail companies in the United States including Gold Toe Brands, PowerSox, SilverToe, Auro, All Pro, and the Gildan brand. The company also manufactures and distributes Under Armour and New Balance brand socks. The company has approximately 44,000 employees worldwide, and owns and operates manufacturing facilities in Rio Nance, Honduras and the Caribbean.
VF Corporation is an American global apparel and footwear company founded in 1899 by John Barbey and headquartered in Denver, Colorado. The company's 13 brands are organized into three categories: Outdoor, Active and Work. In 2015, the company controlled 55% of the U.S. backpack market with the JanSport, Eastpak, Timberland, and The North Face brands.
The Izod Corporation is an American midrange clothing company that produces dressy-casual clothing, sportswear for men, and footwear and accessories. It is a division of Authentic Brands Group, and is currently marketed and manufactured by Centric Brands under a long-term licensing agreement. Other Izod classics include the Harrington jacket G-9 model and V-neck and cardigan sweaters. Today, the closest competitor of the Izod brand is the Chaps brand owned by Ralph Lauren Corporation, while the U.S. Polo Assn. brand is also an indirect competitor.
Lululemon athletica inc., commonly known as lululemon, is an American-Canadian multinational athletic apparel retailer headquartered in British Columbia and incorporated in Delaware, United States. It was founded in 1998 as a retailer of yoga pants and other yoga wear, and has expanded to also sell athletic wear, lifestyle apparel, accessories, and personal care products. The company has 711 stores and sells online.
New rue21, LLC (rue21) is an American specialty retailer of women's & men's casual apparel and accessories headquartered in the Pittsburgh suburb of Warrendale, Pennsylvania. Their clothes are designed to appeal to people who desire, wish, or feel to be 21. In 2013, Apax Partners, a global private-equity firm, acquired the company by funds advised for $42.00 per share in cash. rue21 filed for Chapter 11 bankruptcy protection on May 16, 2017, and emerged on September 22, 2017, after the company's reorganization plan was confirmed by the U.S. Bankruptcy Court for the Western District of Pennsylvania. New owners include hedge funds BlueMountain Capital Management, Southpaw Asset Management and Pentwater Capital Management. In May 2024, rue21 declared bankruptcy again, and their website became unsupportive. As of June 28th, 2024, 7 stores have resigned leases, as part of a stalking horse buyout from YM Inc. Fashion House, a Canadian retailer, while the public assets were up for auction. The company has plans to reopen up to 120 stores within the coming months.
The economy of Stamford, Connecticut is robust and is considered an anomaly for having a large number of corporate headquarters in a city of its size. In the 1980s and 90s, Stamford had the third highest concentration of Fortune 500 companies in the country, with 18 companies headquartered in the city. The only two cities that had higher concentrations in the nation were New York City and Chicago.
The Sun Products Corporation was a United States-based manufacturer of laundry detergent, fabric softeners, and other household cleaning products. With annual sales of $2.0 billion, the company's brands included All, Wisk (discontinued), Snuggle, Sun, Surf, and Sunlight. Sun Products holds the second largest market share in the $10 billion North American fabric care market as of 2010. In addition, Sun Products was the manufacturing partner for many retailer brand laundry and dish products in North America.
Vineyard Vines is an American clothing and accessory retailer founded in 1998 in Martha’s Vineyard, Massachusetts, by brothers Shep and Ian Murray. The brand markets high-end ties, hats, belts, shirts, shorts, swimwear, bags for men, women, and children. It has grown to a collection of retail stores and outlets across the United States. The company's main logo is a pink whale.
Ardene [arDɛN] is a family-owned value fashion retailer based in Montreal, Quebec, Canada. Founded in the early 1980s, Ardene started as an accessories and jewelry retailer, and has since added clothing, shoes, brand collaborations and licensed apparel into its product mix.
Ralph Lauren Corporation, the legal name of the Ralph Lauren brand, is an American publicly traded fashion company that was founded in 1967 by American fashion designer Ralph Lauren. Headquartered in New York City, the company produces products ranging from the mid-range to the luxury segments. Ralph Lauren is known for marketing and distributing products in four categories: apparel, home, accessories, and fragrances. Known mostly for its flagship brand Polo Ralph Lauren, the company's brands include mid-range, sub-premium, and premium labels up to its highest priced luxury Ralph Lauren Purple Label apparel.
Mindy Grossman is the former CEO of WW International. Her earlier career included executive roles at Ralph Lauren Corporation and Nike, and she was also CEO of HSN from 2006 - 2017. She has been listed on Financial Times's list of the Top 50 Women In World Business, and was ranked among Forbes' 100 Most Powerful Women In The World, as well as in Fortune's Top People in Business.
Fabletics is a global, active lifestyle brand that sells both men's and women's sportswear, footwear and accessories, commonly referred to as "activewear". The company operates on a membership model and is known for its e-commerce business approach and also has over 85 brick-and-mortar stores. The brand has a membership program that allows shoppers to become "VIP Members", with access to special membership discounts and perks. Fabletics offers its members personalized outfits chosen for them based on their lifestyle and fashion preferences and releases capsules weekly in sizes XXS-4X for women and monthly in sizes XS-XXL for men.
Synchrony Financial is an American consumer financial services company with its headquarters in Stamford, Connecticut, United States. The company offers consumer financing products, including credit, promotional financing and loyalty programs, installment lending to industries, and FDIC-insured consumer savings products, through Synchrony Bank, its wholly owned online bank subsidiary.
Arvind Limited is an Indian textile manufacturer and the flagship company of the Lalbhai Group. Its headquarters are in Naroda, Ahmedabad, Gujarat, India, and it has units at Santej. The company manufactures cotton shirting, denim, knits and bottomweight (khaki) fabrics. It had also recently ventured into technical textiles with its Advanced Materials Division in 2011. The company is India's largest denim manufacturer.
Stitch Fix, Inc. is an online personal styling service in the United States. It uses recommendation algorithms and data science to personalize clothing items based on size, budget and style. The company was founded in 2011 and had an initial public offering in 2017 with a valuation of $1.6 billion. Stitch Fix generated $1.6 billion in net revenue in its fiscal year 2023, a decrease of 21% year-over-year and reported 3,297,000 active clients in September 2023. It is headquartered in San Francisco, California and employs 5,860 people worldwide as of July 29, 2023.
Athleisure is a hybrid style of athletic clothing typically worn as everyday wear. The word is a portmanteau combining the words 'athletic' and 'leisure'. Athleisure outfits can include tracksuits, sports jackets, hoodies, yoga pants, tights, sneakers, flats, Birkenstocks, uggs, leggings and shorts that look like athletic wear and pair well with it. Characterized as "fashionable, dressed-up sweats and exercise clothing," the growth of the athleisure trend took root during the mid-2010s, which grew out of the popularity of yoga pants that emerged throughout the mid to late 2000s. The convenience of wearing clothes that matched and paired well with yoga pants gave mainstream North American women the agency to exhibit their casual fashion sensibilities for the sake of convenience in multiple occasions without having to change frequently throughout various settings while going on and about their daily lives.
Adore Me is a direct-to-consumer women's intimate apparel brand based in New York City. The company was started by Morgan Hermand-Waiche in 2010 while he was an MBA student at Harvard Business School and is a Certified B Corporation.
Figs is an American clothing company based in Santa Monica, California. The company sells scrubs and other products for healthcare professionals. It was founded in 2013 by Heather Hasson and Trina Spear, who are co-CEOs.
Patrik Frisk is a Swedish/American businessman in the apparel industry. From 2020 to 2022, he was the president and CEO of Under Armour, when he succeeded the company's founder, Kevin Plank. He was previously president and chief operating officer of the company since 2017. Frisk has worked for 30 years in retail and has had senior positions at The North Face and Timberland, before joining the ALDO Group in 2014 as CEO.