‘Tamara Mellon’ luxury shoe brand nets $50M for shoe empire!

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Tamara Mellon, OBE is a British fashion entrepreneur who was the co-founder of luxury footwear brand Jimmy Choo, and then the eponymous luxury footwear brand Tamara Mellon. Mellon founded her namesake brand with co-founder and CEO Jill Layfield and CDO Tania Spinelli in 2016.

The businesswoman and Jimmy Choo co-founder counts Michael Ovitz, Centricus, Quadrille Capital and Goop backer New Enterprise Associates as investors.

Luxury women’s footwear brand Tamara Mellon has announced a $50 million round of Series C funding, bringing the brand’s total capital raised to $87 million.

London-based investment firm Centricus led the latest round, with participation from existing investors, including NEA and Quadrille Capital. Tamara Mellon plans to grow its team from 40 to 60 employees by the end of 2019.

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The luxury footwear house is hailing its funding round accomplishment as “one of the largest to date for a female-founded fashion brand.”

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Shamoon Rasool

A writer who aims to watch more sunsets than netflix in his own element. He inks to help others to enhance their morale and to embrace self-acceptance.

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