Tag archives
2 August, 2010 | by Vikram Alexei Kansara

CEO Talk | Sukhinder Singh Cassidy, Chief Executive Officer, Polyvore

Sukhinder Singh, CEO, Polyvore | Source: Polyvore

MOUNTAIN VIEW, United States — As the digital revolution continues to exert a powerful democratising force on the closed hierarchy of the traditional fashion system, perhaps no platform has put more power in the hands of the people than Polyvore, a social shopping site. Polyvore gives consumers the tools to mix and match their favourite fashion items, creating “sets” for others to see and shop. In this way, everyone truly is an editor, stylist and merchandiser, all in one.

With over 6 million unique visitors and 140 million pageviews per month, Polyvore’s social commerce model is significantly reshaping the way people discover and shop for fashion online. But for the Silicon Valley start-up, this may just be the beginning.

Co-founded in 2007 by former Yahoo! software engineers Pasha Sadri (creator of Yahoo! Pipes), Guangwei Yuan and Jianing Hu, Polyvore has since attracted over $8 million in funding from top-flight private equity firms Benchmark Capital and Matrix Partners. But earlier this year, Sukhinder Singh Cassidy, former president of Google’s Asia-Pacific and Latin American operations and one of the search giant’s more visible executives, took the reins as Polyvore’s chief executive officer with a mission to scale the business by attracting more users, expanding global reach and exploring new revenue streams.

BoF spoke exclusively with Ms. Singh Cassidy — who was CEO-in-Residence at venture capital firm Accel and previously co-founded Yodlee, an online financial services company — to discuss the power of social shopping, the democratisation of fashion, and her plans for the future of Polyvore.

… Continue Reading

Email

5 Comments

19 August, 2009 | by Imran Amed, Editor

BoF Daily Digest | Bonkers London Fashion Week, Christopher meets Donatella, TK Maxx prospers, Polyvore investors, Grocery chic

Christopher Kane's nuclear Cruise Collection 2010

Christopher Kane's nuclear Cruise Collection 2010

London Fashion Week going to be bonkers (Telegraph)
Sarah Mower reports that “the British Fashion Council’s biggest problem is finding enough room on the schedule to accommodate everyone hammering on the door. But as problems go, it’s a nice one to have.”

Donatella Versace on fashion and celebrity (Times)
Christopher Kane interviews Donnatella Versace and learns that she finds “the excessive emphasis on finance that has infiltrated this world” the most boring thing about fashion.

Discount fashion: Taking it to the Maxx (Independent)
“While TK Maxx has attracted an expanding army of shoppers during the recession, it was growing robustly before the credit crunch as well. In fact, its business model and pricing architecture is radically different to that of rival discount fashion stores, notably Primark, New Look and H&M, which have also prospered during the downturn.”

Polyvore Raises Money for Do-It-Yourself Fashion Site (New York Times)
“Polyvore announced on Tuesday that it had raised $5.6 million in new capital and brought on a new investor, Matrix Partners, and a new board member from Matrix, Dana Stalder. That is on top of the $2.5 million it previously raised from Benchmark Capital and several angel investors.”

Boutique aimed at urban trendsetters (Financial Post)
“Loblaw Cos. is taking its Joe Fresh Style brand to main street, signing a deal to open an 8,000-square-foot boutique on Toronto’s trendy Queen Street West strip. This marks the first time the grocer has showcased its hit apparel line on a major retail strip and is a further indication it is vying to become the country’s biggest “cheap chic” clothing brand.”BB

Email

Post a comment