Desserto, a Mexican startup offering cactus-based vegan leather material, has secured new product development partnerships with Givenchy, an LVMH Group brand, Karl Lagerfield, a luxury fashion brand, and Everlane, a US-based online clothing retailer.
Desserto will supply its cactus-based leather Desserto material to each of the three companies:
Givenchy: to develop a vegan cactus-based case for its “Couture Rose Perfecto” lip balm
Karl Lagerfield: for its ready-to-wear garment and accessories collection
Everlane: for its new handbag collection
<ul><li> Analyst QuickTake: The three partnerships above add to the continuing list of leading brands the company is partnering with to expand the reach of its Desserto material. The company has already entered into similar partnerships with H&M, Fossil , and Dominic Dempsey , while for its automobile-focused "Dessertex" material, the company has partnered with BMW thus far.</ul>
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