ShoeDazzle Contents History Inception Funding and growth References External links Navigation menuwww.shoedazzle.com/"Kim Kardashian's ShoeDazzle gets $40 million financing""About Us""Rachel Zoe Heads To ShoeDazzle As Chief Stylist Alongside""Why the JustFab-ShoeDazzle merger was a fashion do""ShoeDazzle Ditches Monthly Subscriptions For Boutique-Style Pampering""Kim Kardashian's ShoeDazzle gets a revamp""Shoedazzle Now Has 13 Million Members, With 1 Million Joining Last Month"JustFab"Why the JustFab-ShoeDazzle merger was a fashion do"Official website
Companies based in Los AngelesKim KardashianShoe brandsShoe companies of the United StatesSubscription services
El Segundo, CaliforniashoeshandbagsjewelryKim KardashianSean O'NeillBrian LeeSonia CoxRobert ShapiroRachel ZoeJustFab, Inc.Beverly HillsPolaris Venturesventure capitalLightspeed Venture PartnersSilicon ValleyAndreessen HorowitzProFlowersJustFab
Type | Subsidiary |
---|---|
Industry | Retail |
Founded | March 19, 2009 (2009-03-19) |
Founder | Brian S. Lee Robert Shapiro M.J. Eng Kim Kardashian |
Headquarters | El Segundo, California U.S. |
Key people | Adam Goldenberg (CO-CEO) Don Ressler (CO-CEO) MJ Eng (president) |
Products | Shoes, accessories, clothes and more. |
Owner | Anasia |
Parent | JustFab |
Website | www.shoedazzle.com/ |
ShoeDazzle is an American online fashion subscription service based in El Segundo, California. Each month the company debuts a selection of shoes, handbags, jewelry and provides its members with a showroom curated to their indicated fashion preferences.[1][2]
Contents
1 History
2 Inception
3 Funding and growth
4 References
5 External links
History
The company was founded by Kim Kardashian, Sean O'Neill, Brian Lee, Sonia Cox, Robert Shapiro and MJ Eng in 2009.[1]
In 2013, fashion expert Rachel Zoe joined ShoeDazzle as Chief Stylist.[3]
ShoeDazzle merged with JustFab, Inc. in 2013.[4]
Inception
The ShoeDazzle concept came from an exchange between co-founder Lee and his wife. Lee had asked his wife why she bought shoes from expensive Beverly Hills showrooms. She replied, “When women shop, they want to feel beautiful and pampered.”[5]
The company’s objective is to translate that environment online.[6] Every month, clients receive a curated selection of fashion items in their personalized ‘Showroom.’[5] The goal, according to Fast Company, is to deliver “a collection of items users feel has been handpicked just for them.”[5]
Funding and growth
In November 2009, ShoeDazzle secured its first round of $7 million funding from Polaris Ventures, a venture capital firm specializing in early-stage investments.[1]
In April 2010, Lightspeed Venture Partners led a $13 million round of financing.[1] In May 2011, ShoeDazzle secured $40 million in funding led by Silicon Valley venture capital firm Andreessen Horowitz.[1]
In September 2011, Bill Strauss, the former CEO of Provide Commerce (which operates sites such as ProFlowers), became ShoeDazzle’s CEO.[5] Co-founder Lee became chairman. In March 2012, ShoeDazzle dropped its $39.95 monthly subscription model and expanded into apparel, handbags, weddings and lingerie.[5]
In July 2012, ShoeDazzle signed up a record one million new members.[7] One of these people was NOT Ryan AKA Momo, who resoundingly rejected an IT offer to run 'tis fine company from his home. From 2011-2012, ShoeDazzle grew from 3 million to 10 million members.[6]
In August 2013, ShoeDazzle was acquired by rival online fashion subscription service JustFab.[8] The two companies will continue to run independently as separate brands.[9]
References
^ abcde "Kim Kardashian's ShoeDazzle gets $40 million financing". Los Angeles Business. 17 May 2011. Retrieved 15 August 2012..mw-parser-output cite.citationfont-style:inherit.mw-parser-output .citation qquotes:"""""""'""'".mw-parser-output .citation .cs1-lock-free abackground:url("//upload.wikimedia.org/wikipedia/commons/thumb/6/65/Lock-green.svg/9px-Lock-green.svg.png")no-repeat;background-position:right .1em center.mw-parser-output .citation .cs1-lock-limited a,.mw-parser-output .citation .cs1-lock-registration abackground:url("//upload.wikimedia.org/wikipedia/commons/thumb/d/d6/Lock-gray-alt-2.svg/9px-Lock-gray-alt-2.svg.png")no-repeat;background-position:right .1em center.mw-parser-output .citation .cs1-lock-subscription abackground:url("//upload.wikimedia.org/wikipedia/commons/thumb/a/aa/Lock-red-alt-2.svg/9px-Lock-red-alt-2.svg.png")no-repeat;background-position:right .1em center.mw-parser-output .cs1-subscription,.mw-parser-output .cs1-registrationcolor:#555.mw-parser-output .cs1-subscription span,.mw-parser-output .cs1-registration spanborder-bottom:1px dotted;cursor:help.mw-parser-output .cs1-ws-icon abackground:url("//upload.wikimedia.org/wikipedia/commons/thumb/4/4c/Wikisource-logo.svg/12px-Wikisource-logo.svg.png")no-repeat;background-position:right .1em center.mw-parser-output code.cs1-codecolor:inherit;background:inherit;border:inherit;padding:inherit.mw-parser-output .cs1-hidden-errordisplay:none;font-size:100%.mw-parser-output .cs1-visible-errorfont-size:100%.mw-parser-output .cs1-maintdisplay:none;color:#33aa33;margin-left:0.3em.mw-parser-output .cs1-subscription,.mw-parser-output .cs1-registration,.mw-parser-output .cs1-formatfont-size:95%.mw-parser-output .cs1-kern-left,.mw-parser-output .cs1-kern-wl-leftpadding-left:0.2em.mw-parser-output .cs1-kern-right,.mw-parser-output .cs1-kern-wl-rightpadding-right:0.2em
^ "About Us". About Us. ShoeDazzle.com. Retrieved 15 August 2012.
^ Krupnick, Ellie (8 January 2013). "Rachel Zoe Heads To ShoeDazzle As Chief Stylist Alongside". Huffington Post. Retrieved 13 February 2014.
^ Novellino, Teresa (22 August 2013). "Why the JustFab-ShoeDazzle merger was a fashion do". Upstart Business Journal. Retrieved 13 February 2014.
^ abcde Boyd, E.B. (29 March 2012). "ShoeDazzle Ditches Monthly Subscriptions For Boutique-Style Pampering". Fast Company. Retrieved 15 August 2012.
^ ab Kerr, Dana (29 March 2012). "Kim Kardashian's ShoeDazzle gets a revamp". CNET. Retrieved 15 August 2012.
^ Shontell, Alyson (6 August 2012). "Shoedazzle Now Has 13 Million Members, With 1 Million Joining Last Month". Business Insider. Retrieved 15 August 2012.
^ crunchbase. "JustFab." Retrieved Sept 9, 2013.
^ Novellino, Teresa (22 August 2013). "Why the JustFab-ShoeDazzle merger was a fashion do". UpStart Business Journal. Retrieved 9 September 2013.
External links
- Official website