Wednesday 6 June 2012

Fashion brand Hayward Luxury raises $1,5m

By Raphael Michilis
Los Angeles-based fashion brand Hayward Luxury Incorporated has raised nearly $1,5m in a private equity funding round registered at the US Securities and Exchange Commission (SEC) early this week.

According to notice filed at SEC, ten investors took part in the funding round of the brand created in 2007 by Marin Hopper, granddaughter of Hollywood agent and producer Leland Hayward.

The deal was co-signed by Hopper and Hayward Luxury’s CEO, John Goldstone, who might receive together $12,023 from the offering, according to SEC files.  

The document also shows that a total of $517,533 of the stock offering remained unsold.

Small business online community Manta.com estimates that Hayward Luxury has annual revenue of $200,000 and has two employees only.  

Hayward Luxury produces women’s handbag and accessories inspired in the lifestyle of Hopper’s grandfather.


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