Bonobos exists to solve to two problems we had ourselves. (1) Men’s pants do not fit well; they are either baggy, frumpy, and unflattering. Or way too tight. We make pants that fit and look better, on most gents and especially on guys with athletic builds. The second problem (2) is retail. How could we enjoy paying 120% markup to try on clothes in an uncomfortable public environment where sales associates—who are total strangers—either scrutinize our figures, or pay no attention to us at all? Meanwhile, pricing games are no fun. We’re tired of waiting for sales… but paying full price makes no sense when inevitably everything will go on sale. We got tired of the traditional retail shopping experience. So we are building a different kind of clothing company, one that offers a fantastic customer experience, innovative low-cost distribution, and a stylish product that fits well.
Spree Commerce announced today a new round of funding in the amount of $5 million. This is the company’s first institutional… Continue reading 〉
Image Credit: Levo LeagueWomen hold a pitiful 14 percent of executive officer positions. Levo League has closed $7 million —… Continue reading 〉
Image Credit: http://www.shutterstock.com/pic-105854579/stock-photo-hair-dyeing-in-the-domestic-bathroom-one-woman-only.html?src=pd-same_model-105308996-Y1dxE7JtIu-jPKeWDGjpKw-1Venture capitalists are now getting involved in women’s hair. Madison Reed launched publicly today and revealed $12 million… Continue reading 〉