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Yoogi's Closet is an online fashion resale store for buying and selling women's luxury secondhand goods. It was co-founded in 2008 by Simon Han and his spouse Eugenia Han in Seattle, Washington state. The company's name is based on Eugenia's nickname, “Yoogi”, and many of the store's initial goods came from her collection.[3] The company's main prospect is their guaranteed authenticity of each designer item, each of which is professionally examined.[5]
 | |
| Company type | Private[1] |
|---|---|
| Industry | Recommerce |
| Founded | 2008 in Seattle, WA[citation needed] |
| Founders |
|
| Headquarters | , |
| Products | Used Luxury Handbags, Clothing, Shoes, Accessories, and Jewelry |
| Revenue | |
| Website | www |
Yoogi's Closet annual revenue has increased 548% between 2009 and 2013 ($1.55 million to $10.05 million)[2][3][4] Despite investor interest, Yoogi's Closet has avoided outside funding, which has facilitated quick decision-making for significant changes that may have been slowed by investors.[2]
Recognition
editYoogi's Closet has appeared in Puget Sound Business Journal's list of 100 fastest growing private companies three years in a row (2012, 2013, and 2014).[6]
In 2014, Yoogi's Closet was nominated for Geekwire's Bootstrapper of the Year award.[7]
References
edit- ^ "Yoogi's Closet". linkedin.com. Retrieved 19 November 2014.
- ^ a b c d Soper, Taylor. "Luxury online consignment shop Yoogi's Closet bootstraps to $1M in monthly sales". geekwire.com. Geekwire. Retrieved 19 November 2014.
- ^ a b c Stiles, Marc. "Yoogi's Closet fulfills demand for luxury goods". bizjournals.com. Puget Sound Business Journal. Retrieved 19 November 2014.
- ^ a b "Yoogi's Closet". inc.com. Inc. Retrieved 19 November 2014.
- ^ Craig, Tina (7 October 2008). "Yoogi's Closet – A Lesson on Spotting Fakes". snobessentials.com. Snob Essentials. Retrieved 19 November 2014.
- ^ Monk, Becky. "Fastest-Growing Private Companies Hall of Fame". bizjournals.com. Puget Sound Business Journal. Retrieved 19 November 2014.
- ^ "GeekWire Awards 2014". geekwire.com. Geekwire. Retrieved 19 November 2014.