Pattern Brands Raises $25M to Accelerate Brand Building

Pattern Brands specializes in acquiring e-commerce home-life businesses with exceptional products, healthy and sustainable margins, and loyal customer bases. The company’s shared infrastructure, operations and technology allow brands within the portfolio to grow multi-channel and hit new revenue and profit milestones in today’s challenging retail environment.

Unlike most aggregators, the smallness of raise number really stands out.  The company is more likely focused on long-term brand building than trying to flip brands quickly.  Building new online only brands is difficult in this market unless you have some kind of customer acquisition edge, so we’ll see how this develops.  It’s possible this family of brands could become a digital lab for a much larger entity in the future if they remain capital efficient.

Business Wire: Pattern Brands Raises $25M to Accelerate Brand Building; Announces Acquisition of Yield and Poketo

Rick Watson

Rick Watson founded RMW Commerce Consulting after spending 20+ years as a technology entrepreneur and operator exclusively in the eCommerce industry with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes.

Watson’s work today is centered on supporting investors and management teams incubating and growing direct-to-consumer businesses. Most recently, in partnership with WHP Global, Rick was a critical resource in architecting the WHP+ platform, a new turnkey direct to consumer digital e-commerce platform that powers AnneKlein.com and JosephAbboud.com.

Watson also hosts a weekly podcast, Watson Weekly, where he shares an unbiased, unfiltered expert take on the retail sector’s biggest players.

In the past year alone, Rick has spoken at many in-person and virtual events as well as podcasts on topics ranging from retail/ecom to supply chain/logistics and even digital grocery including CommerceNext IRL, ASCM Connect, and Retail Innovation Conference.

https://www.rmwcommerce.com/
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