Naadam Cashmere
Financials
Estimates*
USD | 2018 | 2019 | 2020 | 2021 | 2023 |
---|---|---|---|---|---|
Revenues | 3.6m | 4.2m | 4.6m | 7.3m | 9.5m |
% growth | - | 17 % | 10 % | 58 % | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Seed | ||
N/A | Seed | ||
$16.0m | Series A | ||
Total Funding | €14.5m |
Recent News about Naadam Cashmere
EditNaadam is a company that specializes in sustainable Mongolian cashmere clothing, offering a range of luxury knitwear for both men and women. The company operates in the fashion and apparel market, targeting environmentally conscious consumers who value high-quality, ethically sourced materials. Naadam's business model revolves around direct-to-consumer sales through its online platform, naadamcashmere.com, as well as through physical retail locations. The company generates revenue by selling premium cashmere products, including sweaters, hoodies, sweatshirts, and accessories such as scarves, gloves, and blankets. Naadam differentiates itself by focusing on sustainability and ethical practices, working directly with Mongolian herders to ensure fair wages and responsible sourcing of cashmere. This approach not only supports the local communities but also ensures the highest quality of raw materials for their products. The company also emphasizes transparency and provides detailed information about their supply chain and sustainability efforts on their website.
Keywords: sustainable, Mongolian cashmere, luxury knitwear, ethical sourcing, direct-to-consumer, high-quality, environmentally conscious, fair wages, transparency, premium products.