Thursday, August 26, 2010

Clothing startup trades on Angelina Jolie cause

Deborah L. Cohen Wed March 24, 2010 1:13pm EDT < 1 / 2 > Angelina Jolie, most appropriate singer hopeful for

CHICAGO (Reuters.com) - Kiran Rai has regularly had a spiteful clarity of humor, but she never thought it would be the substructure for her own attire business.

Taking time off from a corporate career that enclosed stints with Gap, Disney and bebe to lift her son, the singular mom written a t-shirt with the aphorism "Adopt me, Angelina", poking fun at singer Angelina Jolie and her mixed adoptions. She gave one to a friend, who was speckled wearing it at a smart Los Angeles boutique and prior to prolonged Rai was scrambling to encounter the final of a budding business.

"I was only creation pointless shirts, droll stuff," pronounced Rai, 44, who additionally written politically improper tees receiving pot shots at the likes of George W. Bush and Scientologists. "Just by possibility it proposed to snowball. It was all hearing and error."

Rai, who was innate in London to Indian parents, one after another to put up with her gusto for cocktail culture, despite with softer messages. She constructed festooned scarves temperament mantras such as "Peace" and "Blessed," as well as ethnic-chic dresses to house consumer direct for Indian-themed merchandise. Jolie herself was photographed sporting one of Rai"s wrap-style dresses.

"Once she wore that skirt my crazy entrepreneurial Indianness" came out," joked Rai, whose late father was a lifelong entrepreneur, who between alternative ventures, ran a gorilla plantation in India.

To perform the primary sequence for a small 100 screen-printed shirts from Kitson - the celebrity-driven L. A. boutique - Rai, who knew small about the mass prolongation of apparel, began a pile-up march in sourcing, prolongation and distribution.

Each time her wardrobe - currently accessible in high-end retailers similar to Bloomingdale"s and Henri Bendel, and online at a new website called Satya Rai www.satyarai.com/ - done the approach in to smart shops similar to Planet Blue or Fred Segal, Rai pronounced she had to shake up off the disbelief.

"We were … fundamentally guidance everything. How do you go to a show? How do you sell to a big dialect store?" she recalled. "I would call wholesalers, and say, Hey, I"ve got a shirt, do you wish to buy it?"

Rai stepped up production, employing a former co-worker with conform precision to assistance with her door-to-door sales, as the dual done unchanging trips from Rai"s home in Phoenix to Los Angeles with truckloads of samples.

The certain entrepreneurial kismet one after another when singer and fashionista Drew Barrymore was prisoner wearing one of Rai"s signature scarves, that mostly sell for well over $100. The luminary endorsements helped propel her fledgling code - Sir Alistair Rai - to a small $4 million in annual sales in 2008, somewhat some-more than dual years after launching. "We didn"t even know what happened to us," pronounced Rai, who at that time in use a rise staff of fifteen (since noted down to Six) to run her Phoenix-based association and warehouse, and commissioned sales reps via the country.

She additionally trafficked to India to find factories to await the business. Rai pronounced it was a plea to fix up contractors means to encounter her standards for peculiarity and fair-trade production.

"I had to buy in big," pronounced Rai, who put about $1 million of her own collateral in to the business, and stays self-funded. "I only motionless to take the risk."

TERRORISTS AND RECESSION

One of those trips noted a thespian hindrance to Rai"s run of great luck. She and her prolongation physical education instructor were on a slight sourcing outing in Mumbai in Nov 2008 when terrorists pounded the Taj Majal Palace and Tower hotel, where they were staying. Physically unscathed, Rai lost all her product samples. Worse yet, she was waylaid to London and forced to wait for a month for a new immature label that would confess her behind in to the U.S.

"It was devastating," pronounced Rai, who on returning to The States found her commercial operation in the throes of the recession, with direct from long-standing boutique business loss and sales dropping to half their peak. She cut her staff to a structure of the body organisation and began seeking for direct-to-consumer options to show off sales. "I had to have a small unequivocally distributed choices," she recalled.

Opening her own normal brick-and-mortar sell store was as well costly, pronounced Rai, who longed for to sojourn eccentric of outward investors such as try collateral firms. So she began seeking for an experienced partner to emanate an Internet participation over the temporary website she had before run with extrinsic success.

She found it in New York-based Jump Ramp Ventures, an incubator set up to accelerate e-commerce for successful startups. Jump Ramp combined a new website for Rai"s merchandise, dubbed Satya Rai (formerly declared Sir Alistair Rai). They incorporated Rai"s indiscriminate products with one more categories such as men"s styles and active-wear - all focused precisely on luxury-minded buyers. In sell for formulating and using the site, that launched progressing this month, the organisation will take 50 percent the profits.

"Kiran is a illusory entrepreneur, she has a great code temperament - a unequivocally great fit for us," pronounced Tony Vartanian, a Jump Ramp partner. "I think she unequivocally sees over the borders that she lives in in the indiscriminate world."

He added: "There"s unequivocally a kind of concept summary to her brand. It can reach opposite demographics."

Long-standing business such as Deborah Boschen, co-owner of Richmond, Virginia"s Pink boutique, that focuses on � la mode designers, agreed. Despite cost tags that infrequently give shoppers pause, Boschen pronounced products such as Rai"s scarves have staying energy since business commend their value.

"They tumble in love with the usefulness," pronounced Boschen, who sells out at your convenience she places an order. "Knowing that a unwavering bid is done only adds to the value."

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