Nicole Miller secures majority investment from Gordon Brothers
Gordon Brothers, who has been actively investing in brands since 2003, partners with leading companies to help revive and reimagine some of the world’s most iconic brands.
As part of the investment, the firm is expected to drive further growth, with an immediate focus on partnering with Nicole Miller’s licensees to build the brand’s e-commerce presence and develop strategic wholesale relationships. Moreover, Gordon Brothers plan to expand the portfolio of licensees and franchisees internationally. The funding amount was not disclosed.
“We are excited to continue the incredible momentum Nicole Miller and her team has built and grow with current and new partners. We see tremendous opportunity in product extensions and territory expansion,” said Tobias Nanda, president, brands at Gordon Brothers. “The brand is poised for growth given its unique position in the market, and as Nicole’s new partner, we will use our experience to build upon the legacy she has created.”
Miller will continue her work with the company she founded as chief creative officer and as a member of the board of directors.
Miller founded the fashion and lifestyle brand in 1982. In addition to its womenswear collections, the company has partnered with leading licensees in categories, such as handbags, shoes, jewelry, fragrance and beauty, and home.
“Having successfully developed the Nicole Miller brand over the last nearly 40 years, I am thrilled for its next chapter with Gordon Brothers,” said Miller. “The firm has always understood the value of our business and long-term objectives and will continue to grow and expand the company both in the U.S. and around the world.”