The Rise of Adam Goldenberg in E-Commerce

Adam Goldenberg is an American investor who has founded several companies. He is the Co-Founder and Co-Chief Executive Officer of Just Fabulous Inc., now TechStyle and also Intelligent Beauty, Inc. Goldenberg has an impressive legacy in internet promotion, development and management of products.

On December 7, 2016, Adam Goldenberg appeared on CNBS together with Fabletics owner, Kate Hudson. Hudson said they want TechStyle Fashion Group to go public. Goldenberg said the main aim of the move is “to go bigger.” He added that such a decision needs the involvement of other investors in the company.

Adam Goldenberg projects a subscription fee of $650 million this year by TechStyle Fashion Group. Hudson’s Fabletics brand will contribute around $250 million. Fabletics makes most of its income from its monthly membership fee of $50. Goldenberg said that as the company’s CEO, he has the role of telling people the importance of enrolling in this membership program by Fabletics.

On August 2016, an announcement was made regarding JustFab’s renaming to TechStyle Fashion Group. The change of name was a sign of the company’s continued use of technology by working with companies like JustFab and ShoeDazzle among others.

Read more: TechStyle’s data-driven fashion – CNBC Video

Goldenberg said that when they started the company with Don Ressler, they aimed at altering how shopping is done by enhancing on-trend fashion. He said the company has remained true to its vision. He added that this has helped the company become established in the fashion industry.

In April 2015 on techstyle.com, Goldenberg talked about JustFab and its future at the Splash Oakland, an annual event held by the founder and chief executive officer of Vator, Bambi Francisco. In 2014, when JustFab was just three years old, it earned $85 million through membership. This moved the company’s total earnings to $300 million, making it a “unicorn,” which refers to business with over a $1 billion valuation.

Goldenberg said joining that special club will not affect the way they operate. He added that that round of financing did not have as much impact on how the company operates as other rounds they had previously.

He said investing in the unicorns is worth. He noted that valuations are high in both public and private stock on rgtadvisors.com. He said the unicorns that are overvalued will definitely die and exit.

Goldenberg looked at the apparel and accessories’ $360 billion a year market in North America. He noted that despite the industry not growing, changes are being observed on the way people are shopping. Despite the number of customers that are shopping is increasing every day, there is a significant number that will still opt for storefront retail.

Learn more about Adam Goldenberg: http://www.hudl.com/profile/4913266/adam-goldenberg

Don Ressler Brings Excitement To Fitness Fashion

One of the interesting aspects of fashion is what is done in the fitness aspect of fashion. For one thing, fitness is one of the most energetic aspects of one’s life. Therefore, it is only fitting that the same amount of energy be applied to the clothing for fitness and physical activity. However, there is a lot of limit as to what is offered to people in the fitness fashion industry. Don Ressler has noticed that there is very little energy in the type of products offered to people from athletic stores and athletic sections of stores. Therefore, Don Ressler and his wife has decided that they wanted to bring a change to athletic clothing for women.

New designs have been experimented with and released in a category that people now know as ‘athleisure’. These types of clothes were put together to be sold in a new fashion retailer call Fabletics on Bloomberg.com. The store showcases a lot of creative new designs for athletic clothing. These clothes have been crafted with a lot of creativity and present people with a lot of energy that they need for fitness according to Don Ressler. As a result of wearing these clothes, people are performing better. For this reason, Fabletics has become a major hit among people.

More people will experience the sense of inspiration and encouragement that they get from Fabletics. When they find one of the nearby locations of the stores, they will be able to look at how all of the clothes are designed to fit different body types. They will then realize that they don’t have to look dumpy or boring to go for a good workout.

One thing that makes Don Ressler, Adam Goldenberg and the rest of the minds behind Fabletics is that they are so interested in providing something for people that will make them feel a lot better. Given that Don Ressler are very passionate about fashion, they are also passionate about providing people with something that they can enjoy for years to come.