"Oftentimes designers don't see themselves as entrepreneurs; they see themselves as designers," says Bob Bland, the founder of Manufacture New York. That's a mistake, says Bland. Failing to think of yourself as an entrepreneur or your creations as a business can not only hold you back from producing more ambitious projects, but it can also stunt your growth potential
"Cavalli Investment Seems to Show Private Equity Still Interested in Fashion" 'We are now making steps to improve how the company is run, and all of that starts with our new choice of management,” he said. “You need all-rounders and team players....'
The Hudson’s Bay Company, which owns Saks Fifth Avenue, is in advanced talks to buy the start-up for about $250 million, a person briefed on the matter said on Monday. That is down significantly from the $1 billion valuation that Gilt fetched more than three years ago.
"Athos Pushes Up To $51 Million In The Bank With Funding From Chamath Palhapitaya’s Social+Capital" The new funding now puts the total raised near $51 million and gives Athos some runway to create new products and to continue growing the business. #fashionindustry #businessoffashion #investment #newdesigners #startup
Department-store chains are scrambling to add e-commerce capabilities at a time when brick-and-mortar shopping is in decline. Though flash-sale services such as Gilt have lost favor in recent years, the business has more than 9 million members, who use the service to shop online for fashion, accessories and home decor. Hudson’s Bay plans to open Gilt concept shops at its Saks Off 5th stores, an attempt to create a so-called all-channel model.