Home / Business and Economy / Sarah Jessica Parker's Lab Diamond Venture Secures £4M
Sarah Jessica Parker's Lab Diamond Venture Secures £4M
2 Feb
Summary
- Lab-grown diamond firm Astrea London raised £4 million.
- Sarah Jessica Parker is the creative director and shareholder.
- Hedge fund tycoon Stanley Fink appointed chairman.
Lab-grown diamond company Astrea London, with backing from Sarah Jessica Parker, has successfully raised £4 million. The fresh funds are earmarked for expanding the company's retail presence with new store openings.
Stanley Fink, a notable hedge fund tycoon, has been appointed as the new chairman of Astrea London. This move coincides with the celebration of the successful debut of Sarah Jessica Parker's first collection for the brand.
Parker, who serves as the creative director and a shareholder, expressed her gratitude for the positive reception of her appointment and the collection's interest. The company's founder, Nathalie Morrison, confirmed that Parker's initial collection exceeded all sales expectations, contributing significantly to the company's momentum.
