On March 10th, New York-based designer brand Khaite announced a new investment from growth equity firm Stripes, although the specific amount has not been disclosed.
Khaite was founded in 2016 by designer Catherine Holstein and is currently majority-owned by brand incubator Assembled Brands, which provided initial funding for the brand’s launch in 2016 and has been supporting the company ever since.
Adam Pritzker, Chairman of Assembled Brands, stated in a statement, “Co-founding and building Khaite has been an honor. In partnership with Cate, we accomplished the extremely …
