Parke Jeans Breaks 5X Funding Goal For High-Tech Denim: $100,000 Raised on Kickstarter

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Parke Jeans has launched a Kickstarter campaign to fund a new line of technologically-advanced jeans. Offering better fit, comfort, and style, the company has sold over $100,000 in pre-orders on Kickstarter and has one week left in their campaign.

Parke, a new online-only denim brand, has launched a Kickstarter campaign to fund their new line of technologically-advanced jeans. With one week still remaining, the company has already reached five times their initial funding goal on Kickstarter, and has received $100,000 in pre-orders.

Parke is a fashion-technology startup that aims to revolutionize the $16 billion dollar denim industry by taking an innovative approach to their products, as well as leveraging a unique e-commerce business model. The new line is called “Premium Active Denim” and features a technologically-advanced fabric that is engineered for both style and performance. The jeans are inspired by activewear – a category known for leveraging textile technology to improve form and function. Parke utilizes the latest stretch technology and denim fabrications, and applies it to every day jeans to improve durability, comfort, and shape-retention. By selling online, Parke can offer wholesale prices that are 50% less than traditional retailers. The Active jeans are available on Kickstarter for $89 – a significant discount from the traditional retail price of $205.

To fund the minimum order requirements for production, the company turned to crowd-funding on Kickstarter with the goal of selling $20,000 in pre-orders. The company blew by that goal in their first week with coverage by top fashion press outlets such as GQ and Cool Hunting. Parke has since launched and exceeded their stretch goal of $50,000, and is still taking orders with 10 days to go. The current collection features three styles: a Skinny Fit for women, and a Slim Straight Fit and Classic Fit for men. Parke jeans are offered in both raw indigo and black denim.

Parke is based in New York City, and their jeans are both designed and produced locally in the Garment District of New York City. The founder of Parke, Solomon Liou, explains that the benefits are two fold: “Manufacturing our jeans in New York is not only great for the local economy, but it also produces exceptional quality with handcrafted jeans that are made by skilled artisans here”. With the funding goal reached on Kickstarter, Parke has already started the production process for the Active line, which the company hopes is just the beginning.

To learn more about Parke and pre-order the jeans, go to:
http://www.kickstarter.com/projects/solomonliou/premium-active-denim-engineered-for-performance-an?ref=prb

Or visit the following shortlink: http://www.bitly.com/parkepr

For additional information and interview requests, please contact the company at info(at)parke(dot)com or call (917) 740-2792.

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Solomon Liou
PARKE DENIM
+1 (917) 740-2792
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Solomon Liou
PARKE DENIM
(917) 740-2792
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@ParkeNewYork
since: 11/2012
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