Autumn Adeigbo has several new investors, including Cameron Diaz, Mila Kunis and Gabriel Union, with designer funding for her brand totaling around $4.2 million.
The designer and founder of the women’s clothing, accessories and footwear brand met Diaz and Kunis at a retreat hosted by Gwyneth Paltrow and Brit Morin. There, the trio merged with common interests such as entrepreneurship and technology before Adeigbo brought the actors on board with investors.
“If you had said years ago that Cameron and I would be friends, not to mention business allies, I would never have believed you,” Adeigbo said. “I’ve been a Cameron fan for a long time and his light goes beyond what America loved on screen. I am so excited to have your kindness, humor, beauty and intellect shining my way.
“I’ve been a Mila fan for so long,” added the designer. “Words cannot describe how much I look at this. It is a pillar of cultural excellence, activism and entrepreneurship, not to mention the influence it has had on Hollywood. I couldn’t be happier that Mila found my company aligned with her fashion and entrepreneurial passions.”
It turns out that the admiration is mutual. Diaz said that Adeigbo’s presence brightens up any room.
“And their design, no matter who uses them, does the same thing,” said the actor and winemaker. “He is a star and the ability to shed light through his design is what makes them so desirable. I am excited and honored to be a part of your journey.”
Adeigbo autumn winter 2022 appearance.
Adeigbo autumn
Kunis added, “As soon as we met, Autumn and I had an immediate connection. I saw fire in his eyes as a decision I confess to successful entrepreneurs, telling me they’re not going to give up the hard way. With the fall flair and early market response to the brand’s product, the investment didn’t make sense to me.”
Later, actor Gabriel Union joined the investor list after independently discovering the brand.
“Gabriel has helped me and my dreams incredibly; “She is very outspoken in her support of black women and female entrepreneurship,” Adeigbo said. “Her her cultural background extends to her profound influence on his business acumen in Hollywood.”
The designer, known for her bold dresses in bright colors and equally dazzling accessories, received her first $1.3 million in 2020 from Katrina Lake, founder and former CEO of Stitch Fix; Chris Howard, founder of venture capital firm Fuel Capital, as well as general partner Leah Solivan, who is the founder and former CEO of TaskRabbit; Sonia Perkins, founder of Broadway Angels, an angel investment group, and Pipeline Angels, a women’s investment network.
The following year, Adeigbo raised about $3 million more in funding, led by venture capital firm Offline Ventures, co-founders Dave Morin and Brit Morin.
All this during a pandemic. Indeed, at a time when the entire world was on lockdown and retailers around the world were struggling with supply chain issues, Adeigbo was expanding its business, persuading not just venture capitalists but retailers to invest in its brand. . In addition to the e-commerce site, the brand is now available at Bergdorf Goodman, Neiman Marcus, Intermix, Nordstrom, Shopbop, Elyse Walker, Rent the Runway, Hampden Clothing and more.
“Cache dress” and bag by Autumn Adeigbo
Adeigbo autumn
The category has also been expanded. The Autumn Adeigbo brand has recently expanded to include footwear, bags and home collections. An expanded range of boots, berets, gloves and knitwear will arrive in the fall collection inspired by “Persian house parties”, Adeigbo said. (Look for lace leggings, hand-embroidered appliqués, lace, and lots of patterns like tiger stripes, flowers, and polka dots.)
Adeigbo was also invited to join the American Council of Fashion Designers last fall. In April of this year, Adeigbo received the “Uphill Fashion Designer” award at the National Fine Arts + Fashion Awards, promoted by Neiman Marcus. The following month, Tori Burch, one of Adeigbo’s mentors, asked the designer to speak in a video dedicated to Burch at the annual Parsons benefit with Anna Wintour and Proenza Schouler co-founders Lázaro Hernández and Jack McCollo. (Adeigbo was named a Tory Burch Fellow at the Tory Burch Foundation in 2019.)
Meanwhile, Adeigbo’s celebrity fanbase continues to grow with Kelly Clarkson, Jessica Alba, Selma Blair, Zoe Deschanel, Carrie Washington, Lizzie, Mindy Calling, Philip Philip, Amanda Gormanck, Barg, Amanda Gormanick, Barr. Amelio et al. carried out its design.
This story originally aired on WWD.
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Source: Hollywood Reporter
Camila Luna is a writer at Gossipify, where she covers the latest movies and television series. With a passion for all things entertainment, Camila brings her unique perspective to her writing and offers readers an inside look at the industry. Camila is a graduate from the University of California, Los Angeles (UCLA) with a degree in English and is also a avid movie watcher.
