The Chief Executive Officer Adam Goldenberg has introduced Techstyle fashion group in the year 2001 along with his colleague Mr. Don Ressler. He wanted to blend the technology and data into the whole business cycle from designing the product to making it circulate it.
TechStyle is the largest developing fashion firms that have ever existed. It has got great brands such as Fabkids, Fabletics, and more than four million VIP members on onmogul.com. Mr. Adam Goldenberg’s career started at the age of seventeen years. He sold his first firm to Intermix Media. He became the COO of that company.
Mr. Ressler and Mr. Adam Goldenberg made the Intelligent Beauty which is an e-commerce brand platform. It led to the making of Techstyle.
Justfab altered its name to Techstyle fashion group. The new name strives to exhibit the roots of the firm in technology and digital commerce. This significant change was anticipated from El Segundo which is a company based in California.
This renaming stresses on the roots of the firm in technology with a broad range of brands like Fabletics, Fabkids, and ShoeDazzle. Mr. Goldenberg mentioned that he and his partner Mr. Ressler wished to alter the way how people do the shopping for the providing fashion at a great value.
We have been faithful to that vision. The firm has changed to a high brand making platform that is managed by data. The business recognition gets the spirit of what JustFab has become now. TechStyle has risen financially to at least $300 million to date. It is anticipated to end the year with at least $650 million in revenue.
Mr. Adam Goldenberg, the Chief Executive of JustFab to speak regarding his firm, its future and how he established it. This e-commerce company raised at leat $85 million in the year 2014. The gross funding of JustFab is $300 million, and it became a ‘unicorn’ or a firm that had a valuation of at least more than one billion dollars.
Mr. Goldenberg was questioned about what it is about being in that exceptional club. He replied that he did not consider himself as a unicorn. We have got plenty of employees who have devoted the previous five years to create top brands. They have strived to make the customers contented and satisfied. Unicorns are very much existing in the past years.
Mr. Ressler and Mr. Goldenberg initiated Intelligent Beauty and made approximately $500 million in revenue. Intelligent Beauty creation has got an online marketplace for cosmetics like Dermstore which is a great subscription based service for design and fashion.
Learn more about Adam Goldenberg: http://vator.tv/news/2015-05-12-whats-it-like-to-be-a-unicorn