Capital Conference Company Update
UK paper The Sunday Times published its first ever list of global smart phone apps. The list of 500 was chosen out of 545,000 apps for the iPhone. Separated into categories, BeSpeak was named among the 20 apps selected in the Fashion & Beauty category. Additionally BeSpeak was 1 of 2 menswear applications chosen, (Valet Magazine was the other).
The BeSpeak app is really their proof-of-concept first generation technology. This men’s formal wear app has been live for well over a year and they have continued developing a web-based enterprise solution for fashion brands to improve cross-selling recommendations of clothing and accessories. The goal is to make the customer look great and to increase sales and customer loyalty in the process .
Read MoreFashInvest Capital Conference 2011 Press Articles
Wanted to share some of the Articles and Write-ups on the Conference. There are more to come which I’ll keep updating as they hit the news stands/computer screens.
(NY Times) For Fashion Start-Ups, a Bridge to Investors
IN a setting reminiscent of a speed-dating bar scene, but with no promise of even a first date, much less a long-term relationship, more than 20 fledgling fashion companies pitched their talent, their drive and their ideas to an audience of potential investors at the Fashion Institute of Technology last week.”
(WWD) Kevin Ryan, Marty Staff Dole Out Advice at FashInvest Conference
“Focus on your product initially, not necessarily on advertising. That’s the advice Gilt Groupe founder and chief executive officer Kevin Ryan gave to entrepreneurs who were making pitches to potential investors at FashInvest’s Second Annual Capital Conference on Wednesday, held at the Fashion Institute of Technology.”
(Pretty Connected) FashInvest Connects Fashion Innovators with Potential Funding Players
“A little while back I shared the news of FashInvest. This conference is a unique forum for fashion start-ups to attend lectures and critiques by influential industry players and investors. They pitch their new business ideas, getting immediate feedback from venture capitalists….”
(Crain’s New York) FashInvest Capital Conference Grows
“In this economy, getting funding for a fashion startup is no cinch. So firms pitching investors at the FashInvest Capital Conference on Wednesday need to choose their words carefully. Last year, at the event’s debut, only 15 contenders were selected to hit up 60 investors. This year, 25 hopefuls, culled from 125 applications, will face the room…“Next year, we’ll need a larger venue,” predicted FashInvest co-founder Karen Griffith Gryga.”
(TruthPlus) Retail Events: FashInvest 2011 Capital Conference
“Last week, Reuters reported that venture capital investing in e-commerce rose from $1.06b in 2010 to $2.39b in 2011. That increase in interest and in dollars spent was evident at last week’s annual Fashinvest Conference. The conference was organized by Fashinvest, a platform whose goal…”
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