Hello, 12s. Here’s a look at what’s happening today – Wednesday, January 12 – with your Seattle Seahawks.
Russell Wilson and Ciara’s House Of LR&C pop-up store will open in February
After launching The House of LR&C online in 2020 alongside former Lululemon CEO Christine Day, Russell Wilson and Ciara plan to open the fashion start-up’s first brick-and-mortar store next month. in Seattle, CNBC’s Lauren Thomas reported this week.
The store will be located near the company’s headquarters in Seattle and will carry clothing from Wilson’s Good Man and LITA by Ciara, as well as Human Nation, a gender-neutral clothing line under the House of LR&C brand. The company also plans to open several other permanent stores across the country and will seek larger space in Seattle’s University Village. House of LR&C products are already available online through the company’s website and from wholesalers like Nordstrom and Kohl’s.
According to its website, The House of LR&C was “built to democratize retail and redefine how the fashion industry works, to make it inclusive, community-driven and, most importantly, to create positive change in large scale”. The company focuses on sustainability and strives to use materials that pose less of a hazard to the environment. “If we don’t make fashion sustainable and transparent, we’ll never change the industry,” Day said. “That’s what we believe is white space and nobody’s okay.”
Three percent of the company’s profits are donated to Wilson’s Why Not You Foundation, a non-profit organization dedicated to empowering young people through education, health and poverty alleviation.
Axios’ Richard Collings also reported this week that the company received funding from Harlem Capital, a firm that specifically invests in startups led by women and minorities. “The LR&C house has grown revenue by about 70% over the past year, from seven to eight figures, according to Day,” Collings writes. “The startup has both strong digital sales and a solid wholesale business. Wholesale partners such as Nordstrom are profitable channels for The House of LR&C and provide valuable marketing or brand exposure to a whole new set of customers,” Day said.