Contemporary Norwegian label Holzweiler has built a dedicated fan-base for its well-constructed basics with a Scandi-chic edge. Now, it’s eyeing global expansion with the backing of venture firm Sequoia Capital China.The venture firm is taking a majority stake in the brand in a deal announced Monday. The financial terms were not disclosed, but the brand’s founders, siblings Susanne and Andreas Holzweiler, and creative director Maria Skappel Holzweiler (also Andreas’s wife) will retain a minority stake.
Sequoia Capital China Bets on Contemporary Norwegian Label Holzweiler
