Apparel brand Knix secures C$53m in TZP-led financing: G&M

Toronto-based Knix, a direct-to-consumer intimate apparel brand, has secured C$53 million in financing.

Toronto-based Knix Wear, a direct-to-consumer intimate apparel brand, has raised C$53 million in financing, according to a report by the Globe and Mail. The round was led by TZP Group, with participation from Acton Capital, supermodel Ashley Graham, Yard Ventures and other investors. Knix was launched in 2013 by founder and CEO Joanna Griffiths.

Read the Globe and Mail story here.