Name of wildly successful Melbourne fashion start-up?
July 30, 2010 4:19 PM Subscribe
In Friday's issue of The Australian, the Entrepreneur lift-out had an article about two (Melbourne?) investment bankers who fell foul of the GFC then started their own clothing business, based on a wildly successful business model from France - something about factory seconds, or end-of-season stuff from high-end labels. I think they have something like 250,000 subscribers, and last month they turned over a million bucks. What was the name of the Melbourne start-up and what was its French inspiration?
There's also "Privat Outlet" in Paris, which runs along the same lines.
posted by LMGM at 5:44 AM on July 31, 2010
posted by LMGM at 5:44 AM on July 31, 2010
correction: Private Outlet. It's apparently Europe-wide now.
posted by LMGM at 5:45 AM on July 31, 2010
posted by LMGM at 5:45 AM on July 31, 2010
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The French company is Vente-Privee and the Aussie start-up is Buy Invite
posted by wilde at 4:40 PM on July 30, 2010