Tracy Britt Cool, who worked for years under Berkshire Hathaway Inc.’s Warren Buffett, kicked off her new venture by taking an ownership stake in Thirty-One Gifts, a provider of luggage, handbags and other products for independent sellers.
Kanbrick, the investment firm led by Britt Cool and co-founder Brian Humphrey, will become a partner and owner with Thirty-One Gifts founder Cindy Monroe, according to a statement Wednesday. Monroe maintains a role at the company, while yielding the chief executive officer job to Elizabeth Thibaudeau, who was CEO of Jamberry and is a former executive at Nu Skin Enterprises Inc. Terms of the deal weren’t disclosed.
