Changes Afoot at Coco Kliks
Los Angeles–based contemporary label Coco Kliks Inc. announced a partnership with Los Angeles–based investment firm Quorom Funds.
“After three successful seasons of developing the Coco Kliks brand, it was necessary to acquire financial investors to keep up with our [growth],” said Laurent Nahoum-Vatinet, Coco Kliks’ chief executive officer. Financial terms were not disclosed.
The fresh injection of funds is having an immediate effect on how the company does business. Starting with the Spring 2006 collection, Coco Kliks will offer a larger line with 10 monthly deliveries. To increase their presence in the market, Coco Kliks will be represented in New York–based showroom Agent 011.
The company will retain its showroom and design studio in the Cooper Design Space.
“We’re excited about the new partnership,” said designer Coco Kliks. “It means we can expand our business by offering more deliveries and increased volume. We’ll be able to put more merchandise out there.” —Erin Barajas
