Finding Your M.O. | Part 4: Making the Most of Mentorship

Marvin Traub | Photo: Mel Finkelstein

Finding Your M.O. is an on-going series by Áslaug Magnúsdóttir, co-founder and CEO of Moda Operandi, on her experience at the helm of a fashion-technology start-up. In Part 3, we broke down the critical elements of a business plan. Today, we tackle the topic of good mentorship. NEW YORK, United States — Earlier this month, my mentor, former boss and business partner, Marvin Traub, passed away at the age of 87. Marvin was a defining

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Finding Your M.O. | Part 3: The Business Plan is Your Roadmap

[caption id="attachment_34674" align="alignnone" width="500" caption="Source: themovementprogram.com"][/caption] Finding Your M.O. is an on-going series penned by Áslaug Magnúsdóttir, co-founder and CEO of Moda Operandi, on her experience at the helm of a fashion-technology start-up. In Part 2, we examined the need for speed. Today, we break-down the elements of a business plan. NEW YORK, United States — Early stage entrepreneurs often ask: is a business plan really that important or can you get away without one? The quick answer is: yes, it’s really that important, and, no, you cannot get away without one. If you’re looking to third parties to raise capital, they’re understandably going to want to see a plan for what you want to do and how their money is going to be spent, with some very…

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Finding Your M.O. | Part 2: The Need For Speed

Finding Your M.O. is an on-going series penned by Áslaug Magnúsdóttir, co-founder and CEO of Moda Operandi, on her experience at the helm of a fashion-technology start-up. In Part 1, we looked at the path from big idea to launch. Today, we tackle the topic of growth. NEW YORK, United States — When founding a company, one of the most important decisions you will make is how and when your company grows. Growing a young company is not

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Week in Review | E-commerce opportunity in China, Wearable tech devices, Finding your M.O.

Week in Review June 11 - 15, 2012

Are Fashion Brands Underestimating the Importance of China E-Commerce? (Global Briefing) “In order to succeed in a fast-changing China, brands must refocus attention on e-commerce. ‘Companies cannot have a major presence in China without having an online presence, not only to generate sales but also to engage with customers where they spend so much time.’” Fashion 2.0 | Connecting With Consumers Through

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Finding Your M.O. | Part 1: From Big Idea to Launch

On the heels of last week’s announcement that Moda Operandi has raised $36 million in new funding, we are pleased to launch a new BoF series, Finding Your M’O, penned by the company’s co-founder and CEO Áslaug Magnúsdóttir on her experience at the helm of a fashion technology start-up. NEW YORK, United States — In February 2011, I launched an online store — Moda Operandi — with my business partner, Lauren Santo Domingo. Moda

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Week in Review | Graphite’s social commerce model, Luxury Index slides in May, Ethical fashion, Moda money

The Week in Review June 4 - 8, 2012

Is Graphite the Answer to F-Commerce Woes? (The Bottom Line) “8th Bridge has launched a new social commerce product that turns the traditional F-commerce model on its head. Rather than bringing the cash register to the watercooler, the platform, called Graphite, puts the watercooler next to the cash register, bringing a Facebook-powered social layer to existing commerce channels.” Clouds on the Horizon? (Market Pulse)

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Moda Operandi Raises $36 Million, Expands from Pre-Commerce to E-Commerce

Moda Operandi Screenshot | Source: Moda Operandi

NEW YORK, United States — ‘Pre-tail’ fashion start-up Moda Operandi, which enables women to pre-order designer pieces straight off the runway via limited-time online trunk sales, announced today that it has raised $36 million in a Series C round of funding led by RRE Ventures, with the participation of existing investors New Enterprise Associates, New Atlantic Ventures and Condé Nast, as well as strategic investors

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Waiting for China’s moment, Pinterest’s path, The Gap and teens, Future of retail, Nail boom

Tsai Meiyue Spring/Summer 2012 | Source: Fashion Inquisitive

When will the China Fashion Week era arrive? (China Daily) “Fashion weeks are being staged everywhere,and there’s practically a host city for every letterof the alphabet… Beijing recently hosted China Fashion Week, which got some media mileage overseas, but it’s just not on the agenda of the global fashion industry’s movers and shakers.” Is Pinterest going to make any money? (Telegraph) “We

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Swedish style, Bulgari family sells LVMH shares, Chinese savvy, Moda’s next phase, Fern Mallis

H&M flagship store | Source: NY Magazine

Swedish fashion: How less can be more (CNN) “Stockholm fashion may not have the clout of Parisian haute couture or the glamor of Milan’s upscale brands. But the city is turning its flair for sleek design into a major business export.” Bulgari family sells LVMH shares (FT) “People close to the deal said the Bulgari family had decided to reduce their stake after a strong rise in the shares in the past year and

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