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==History==
==History==
The founder of Flont; [[Cormac Kinney]], is a software and fintech [[Entrepreneurship|entrepreneur]].<ref name="WWD"/> In 2017, [[Adrian Cheng]], executive Chairman of [[Chow Tai Fook]] and [[New World Development]], announced an investment in the company.<ref name="FinSMES">{{cite web|title=Flont Closes $2m Seed Funding Round|url=http://www.finsmes.com/2017/03/flont-closes-2m-seed-funding-round.html|website=FinSMEs.com|date=2017-03-14}}</ref>
In 2016, Flont was founded by [[Cormac Kinney]] in partnership with over 40 brands. In 2017, [[Adrian Cheng]], executive Chairman of [[Chow Tai Fook]] and [[New World Development]], announced an investment in the company.<ref name="FinSMES">{{cite web|title=Flont Closes $2m Seed Funding Round|url=http://www.finsmes.com/2017/03/flont-closes-2m-seed-funding-round.html|website=FinSMEs.com|date=2017-03-14}}</ref>


Flont enables consumers to borrow fine jewelry and has exclusive partnerships with artisan designers, such as [[Mimi So]], [[Hearts on Fire (company)|Hearts on Fire]], [[John Hardy (jewelry)|John Hardy]], [[Pamela Love]], and [[Sabine Getty]].<ref name="FastCo">{{cite web|title=High-End Shopping in the Sharing Economy: Now We Can All Have Couture|url=https://www.fastcompany.com/3063255/high-end-shopping-in-the-sharing-economy-now-we-can-all-have-couture|website=Fast Company|date=2016-09-15|first=Rina|last=Raphael}}</ref>
Flont enables consumers to borrow fine jewelry and has exclusive partnerships with artisan designers, such as [[Mimi So]], [[Hearts on Fire (company)|Hearts on Fire]], [[John Hardy (jewelry)|John Hardy]], [[Pamela Love]], and [[Sabine Getty]].<ref name="FastCo">{{cite web|title=High-End Shopping in the Sharing Economy: Now We Can All Have Couture|url=https://www.fastcompany.com/3063255/high-end-shopping-in-the-sharing-economy-now-we-can-all-have-couture|website=Fast Company|date=2016-09-15|first=Rina|last=Raphael}}</ref>

Revision as of 17:27, 28 January 2024

Flont, Inc.
Company typePrivate
IndustryE-commerce
Founded2016
FounderCormac Kinney
Headquarters,
United States
Area served
United States
Key people
Carmen Busquets, Adrian Cheng

Flont was a jewelry rental service company[1][2] founded in 2016 in partnership with over 40 brands.[3] As a software developer and jewelry retailer, it enables high-touch sales via e-commerce, delivering jewelry to consumers on demand. Flont provides software and logistics services to global jewelry brands, department stores, and jewelry retailers for their own sharing services.[4] Its founder was a former president of a joint venture with Cartier and Richemont.[1]

In 2018, Chow Tai Fook announced a joint venture with Flont to open up to 500 locations in China inside Chow Tai Fook retail stores.[5][6]

The company shut down his business in 2019.[7]

History

In 2016, Flont was founded by Cormac Kinney in partnership with over 40 brands. In 2017, Adrian Cheng, executive Chairman of Chow Tai Fook and New World Development, announced an investment in the company.[8]

Flont enables consumers to borrow fine jewelry and has exclusive partnerships with artisan designers, such as Mimi So, Hearts on Fire, John Hardy, Pamela Love, and Sabine Getty.[9]

References

  1. ^ a b Samaha, Barry (2017-07-23). "Flont Is Changing How to Buy Fine Jewelry Online". Forbes Magazine.
  2. ^ "Flont Dresses San Francisco Society in Style". Vogue. 2017-04-13.
  3. ^ Davis, Ashley (2017-10-13). "Jewelry as a Service Start-Up Raises $5M". National Jeweler.
  4. ^ Feitelberg, Rosemary (2017-03-17). "Flont Strives to Shake Up High-End Jewelry With Sharing Model". Women's Wear Daily.
  5. ^ Chen, Cathleen (2018-05-23). "Adrian Cheng Plans China Rollout for Flont, Moda Operandi". Business of Fashion.
  6. ^ Rapp, Jessica (2018-11-12). "What Adrian Cheng's New Investments Tell Us About Chinese Millennials". Jing Daily.
  7. ^ Roxanne Robinson (4 July 2022). "Jewelry Borrowing Is Back in Style". NYTimes.
  8. ^ "Flont Closes $2m Seed Funding Round". FinSMEs.com. 2017-03-14.
  9. ^ Raphael, Rina (2016-09-15). "High-End Shopping in the Sharing Economy: Now We Can All Have Couture". Fast Company.