Sylvana Ward Durrett
With $15 million in capital, she’s curated a one-stop-shopping site for upscale kids clothes.
“Whether you're shopping for yourself, for your groceries, or for your dog, there's some sort of curated, online, one-stop shopping solution,” says Maisonette co-founder and CEO Sylvana Ward Durrett. “We as parents--my co-founder and I--sort of scratched our heads when we realized this didn’t really exist in the kids world.” A former assistant to Anna Wintour and one-time editor at Vogue, Durrett has made it her mission to streamline the process of shopping for children’s luxury clothing. Maisonette was founded in 2017 with kids clothing, accessories, furniture, and toys from a discriminating roster of designers. The company raised $15 million in capital during its Series A in 2018 and is on track to hit 300 percent year-over-year growth later this year. --Tim Crino
She's making the hijab a fixture of American fashion.
As a teenager in suburban Michigan, Melanie Elturk didn't see many professional women wearing hijabs, as she did. “The only role models [in hijabs] we could look up to, in those days, were our mothers,” Elturk, now 34, says. “I knew that we needed to show a different image to Muslim girls: You can be successful because of your hijab, and not in spite of it.” So in 2010, Elturk and her husband, Ahmed Zedan, founded Haute Hijab, an online retailer of fashionable-yet-functional head coverings. Her myriad designs—which come in fabrics ranging from jersey to chiffon and silk—have been a hit online among the Muslim community. Last year, Haute Hijab brought in $1.3 million in sales, and in February of this year, it closed a $2.3 million seed round. Soon, Elturk plans to expand into athletic and medical hijabs, as well as hair care and eyewear products that work better with headscarves. “The grand vision is to become the go-to Muslim lifestyle brand,” she says. --Zoë Henry
She's using her $500 million brand as an R&D lab for improving fashion's carbon footprint.
Eileen Fisher knows the value of trash. Her eponymous fashion brand has been buying back and recycling old clothes since 2009. Today, under the rubric Waste No More, the company is transforming whatever fabric can’t be recycled into installations of wall hangings and interior design murals on view from Brooklyn to Milan. “We consider Waste No More to be a form of aesthetic activism--what many people consider waste, we consider beauty,” says Fisher. Ninety-seven percent of Eileen Fisher’s cotton and 91 percent of its linen are now organic. The company has also been conducting a process revamp; its goals include giving factories more production time, so more product can be shipped by boat, as opposed to air. What's more, Fisher embarked on research with Harvard University researchers to ensure that new purchasing practices don’t harm her suppliers’ employees. She hopes these efforts will inspire consumers to “acknowledge the tendency toward overconsumption in our culture and reevaluate their behavior." --Leigh Buchanan
The Groomsman Suit
The Groomsman Suit
E-commerce company offering high-quality suits and tuxedos that people can own for less than the cost of a rental.
When Jeanne Foley got married, her mother blew $500 on two ill-fitting tuxedos for Jeanne’s brothers to wear just once, at the ceremony. The Under Armour veteran knew she could do better. In 2016, she launched the Groomsman Suit with childhood bestie and Sloan School of Management grad Diana Ganz. The direct-to-consumer startup sells tuxedo separates for under $200--much less than traditional rentals. But Foley says the real key to the company’s success has been its “amazing service.” Orders ship within 48 hours, and returns and exchanges are free. As a bonus, the Groomsmen Suit will ship new items before they’ve received the originals. The group-ordering service even nudges groomsmen by email to get it together and order their tuxes--it may be the best thing that’s happened to weddings since candy stations. --Jill Krasny
Last year, medical professionals spent over $100 million on her tailored scrubs.
Heather Hasson and co-founder Trina Spear correctly diagnosed the problem plaguing the medical scrubs industry: Options were limited to ill-fitting uniforms that were available for purchase only at inconvenient hours in uninspiring places (think medical supply stores also specializing in knee braces). Figs redesigned scrubs in high-tech fabrics and trendy silhouettes, and it brought in just over $23 million in revenue in 2017, and then over $100 million in 2018. The co-founders also decided to branch into brick-and-mortar retail with a pop-up shop in West Hollywood. “A bunch of our Instagram fans kept stopping by the office wanting to see the clothes. That’s when we decided we need a physical location,” Hasson says. This year, Figs became profitable and started expanding internationally (to Canada). More permanent outposts are planned for 2020.--Lindsay Blakely