31 Phillip Lim

What 31 Phillip Lim does

3.1 Phillip Lim is a designer contemporary luxury fashion brand offering men's and women's ready-to-wear apparel, bags, accessories, and footwear. The brand was founded by designer Phillip Lim and centers its identity on a workwear-inspired aesthetic that balances utility and refined craftsmanship. Core products include ready-to-wear (dresses, tops, pants, skirts, jackets, coats), signature handbags (notably The Luna Bag with its folded design and The Market Tote), crossbody, shoulder, and clutch bags, women's shoes, and a dedicated men's collection. The brand also operates the 31 Hour Wardrobe capsule sub-line focused on versatile, extended-wear pieces. Collections follow a seasonal cadence including Pre-Spring, Spring/Summer, Pre-Fall, and Fall, with new drops visible through at least Pre-Spring 2027.

The business is run on a direct-to-consumer go-to-market model. The primary commercial surface is the owned e-commerce storefront at 31philliplim.com, built on Shopify, which ships to over 100 countries with multi-currency support (USD, EUR, GBP, CNY, JPY, KRW, HKD, AUD, INR, AED, and others). Distribution is augmented by brand-operated physical retail stores for in-person shopping and styling appointments, plus a network of authorized stockists worldwide. Marketing is digital-first: a 1M+ Instagram following is supplemented by TikTok, Facebook, YouTube, Pinterest, and LINE (for Asian markets), with email and SMS capture supported by a 15% first-order discount incentive. E-gift cards are also offered.

The revenue model is one-time retail purchases at mid-to-high luxury price points — dresses $595-$995, outerwear from $650, skirts $495-$595, bags $295-$395 — with no subscription or recurring component. The company is privately held, with no public ticker, no disclosed funding rounds, no disclosed headcount, and no disclosed revenue. The legal name is "3.1 Phillip Lim" and the company appears U.S.-based with global DTC reach. Customer segmentation is horizontal: fashion-forward men and women seeking contemporary luxury pieces with day-to-evening versatility.

Name

31 Phillip Lim

Legal name

3.1 Phillip Lim

Website

https://31philliplim.com

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

101–250 employees

Short description

3.1 Phillip Lim is a privately held contemporary luxury fashion brand offering men's and women's ready-to-wear apparel, signature handbags, accessories, and shoes via global DTC e-commerce, physical retail, and worldwide stockists, serving fashion-forward consumers seeking versatile designer pieces.

Ownership category

akta.pro rank

Product category

Designer Fashion (Contemporary Luxury Apparel and Accessories)

NAICS

Clothing and Clothing Accessories Retailers (458110), Clothing and Clothing Accessories Retailers (4581)

SIC

Retail-Apparel & Accessory Stores (5600), Retail-Family Clothing Stores (5651)

akta.pro primary industry

Luxury & Designer Apparel Retail (CRAAABAI)

akta.pro secondary industry

Handbags & Fashion Bags Manufacturing (IMAOAHAA)

Keywords

• Designer ready-to-wear
• Luxury fashion brand
• Designer handbags
• Contemporary apparel
• Premium accessories

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Markets served

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Apparel and Accessories Retail Sales: Direct retail sales of designer men's and women's clothing, bags, accessories, and shoes through owned e-commerce platform. One-time purchase model with products sold at full retail price. No subscription or recurring revenue model.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

3.1 Phillip Lim is a designer fashion brand that designs, produces, and sells men's and women's ready-to-wear apparel, handbags, footwear, and accessories under its own label. The company sells directly to consumers through its owned e-commerce website (31philliplim.com), brand-operated physical stores, and a network of authorized stockists, with seasonal collections including Pre-Spring, Spring/Summer, Pre-Fall, and Fall lines.

Product overview

3.1 Phillip Lim is a designer fashion brand offering men's and women's ready-to-wear apparel and accessories. The product portfolio centers on three main categories: (1) Ready-to-wear clothing including dresses, tops, pants, skirts, jackets, and coats; (2) Bags and accessories featuring signature lines like The Luna Bag, The Market Tote, and various styles of crossbody, shoulder, tote, and clutch bags; and (3) Women's footwear. The brand also offers the 31 Hour Wardrobe capsule collection and a dedicated men's collection. Products are crafted from materials including denim, cotton poplin, corduroy, jacquard, and leather/suede accents. The brand operates seasonal collections including Pre-Spring, Spring/Summer, Pre-Fall, and Fall lines.

Differentiator

Problem solved

Functional benefit

Products and services

• Ready-to-Wear Clothing Designer men's and women's ready-to-wear apparel including dresses, tops, pants, shorts, skirts, jackets, and coats, sold at luxury price points (dresses $595–$995, outerwear from $650, skirts $495–$595).
• The Luna Bag Signature handbag featuring a distinctive folded design, positioned as an iconic piece of the brand's handbag collection.
• The Market Tote Medium-size shopping tote designed for everyday ease with a touch of irreverence, available in various materials including denim and suede patch versions.
• Women's Shoes Women's footwear collection offered as part of the brand's seasonal product lineup.
• 31 Hour Wardrobe Capsule wardrobe collection designed for versatility and extended wear, positioned within the ready-to-wear lineup.
• Men's Collection Designer men's ready-to-wear apparel and accessories offered as a dedicated collection within the brand.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Rag & Bone: Contemporary designer label offering men's and women's ready-to-wear, denim and accessories at luxury-adjacent price points. Directly comparable to 3.1 Phillip Lim on price band, product mix (apparel-led with accessories), and target customer (fashion-forward urban professional).
• Proenza Schouler: New York-based designer label with a strong contemporary luxury positioning and an iconic handbag business (the PS1, PS11). Closely comparable to 3.1 Phillip Lim on namesake-designer-led creative model, apparel-plus-bags mix, and global DTC-plus-wholesale distribution.
• Altuzarra: Designer ready-to-wear brand with a contemporary luxury positioning focused on women's tailored and occasion wear. Comparable to 3.1 Phillip Lim on price tier, DTC-led distribution and the high-fashion contemporary customer overlap.
• Alexander Wang: American contemporary luxury designer brand spanning ready-to-wear, bags and accessories with strong DTC e-commerce. Comparable on namesake-designer identity, edgy urban aesthetic and global DTC-plus-wholesale model at similar price points.
• Derek Lam 10 Crosby: Contemporary diffusion line from designer Derek Lam offering ready-to-wear and accessories at accessible luxury price points. Comparable to 3.1 Phillip Lim on designer-led contemporary positioning, apparel-plus-accessories mix and mid-luxury price tier.

Broad incumbents

• Tory Burch: Large American contemporary luxury brand with a broader portfolio across apparel, handbags, footwear and accessories. Overlaps with 3.1 Phillip Lim on customer profile and price band, but operates at meaningfully larger scale and with a more developed accessories business.
• Coach: Global accessible-luxury house owned by Tapestry with a dominant handbag franchise plus apparel and accessories. Overlaps with 3.1 Phillip Lim on the bags and women's apparel categories but operates at vastly greater scale and price accessibility.
• Marc Jacobs: Established American designer brand with broad ready-to-wear, bags and accessories at luxury price points. Comparable to 3.1 Phillip Lim on namesake-designer positioning and DTC global e-commerce, but with a larger and more fashion-forward brand identity.

Emerging players

• Mansur Gavriel: Independent designer label best known for its signature bucket bag and minimalist leather goods, with an expanding ready-to-wear line. Comparable to 3.1 Phillip Lim on DTC-led contemporary luxury positioning and bag-led identity, though smaller and more narrowly focused.
• Cult Gaia: DTC-native contemporary label built around hero bag/accessory franchises (e.g., the Ark bag) and apparel. Comparable to 3.1 Phillip Lim on the hero-product-led, social-first contemporary luxury model, but at a younger and more digitally native stage.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/31philliplim
• YouTubeyoutube.com/channel/UCZUth3mpH-9MTOkVV1o2qmw
• Facebookfacebook.com/31PhillipLimOfficial
• Instagraminstagram.com/31philliplim
• TikToktiktok.com/@3.1philliplim
• Pinterestpinterest.com/31philliplim

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about 31 Phillip Lim