The Glittering Investment Career of Don Ressler in the Fashion Industry

Don Ressler is very popular within the fashion industry. Over the last decade, the California-based fashion guru has invested heavily in several fashion enterprises in California and Los Angeles. His first investment was in, a brand building company that incubated many Internet businesses and raised hundreds of millions of dollars as capital for these enterprises. By the time he sold the company to Intermix Media in 2001, he had generated sales to the tune of a billion dollars noted on His second major investment was in El Segundo in California where he established the Intelligent Beauty. The company that started its operations in 2006 was a joint venture between Ressler and his close business associate, Adam Goldenberg. The two gentlemen who had known each other at Intermix Media were keen to tap into the Californian fashion e-commerce industry, which was unexplored at the time. That notwithstanding, they saw it wise to base the company in California so as to cut on operations cost.

Establishing JustFab

Intelligent Beauty grew in leaps and bounds and in September 2011, it gave birth to JustFab. The idea behind JustFab was to develop a community fashion brand. After paying the subscription fee, members were able to get personalized and quality fashion products, such as handbags and shoes at an affordable price. This was a sensational business strategy by Don Ressler and Adam Goldenberg, which made JustFab a darling to most fashion enthusiasts. The number of subscribed members ballooned to over four million members within a short span of time, necessitating the expansion of the company and diversification of its products. The company has since added modeling and runway attire to its collection and established other subscription brands, such as ShoeDazzle, FabKids, and Fabletics.

Read more: New Sizes for JustFab | California Apparel News

Establishing Fabletics

To create Fabletics in 2013, Don Ressler partnered with Kate Hudson. The company specializes in providing its members with active wear outfits: yoga wear, athletics wear, and swimming costumes among other sportswear. Being a subsidiary company of JustFab, Fabletics borrows the online member subscription model from its mother company. Its products, on the other hand, are not only affordable but personalized and fashionable.

Funding JustFab

In its six years of existence, JustFab has received funding from several quarters. On his part, Don Ressler pumped over $40 million to the company in 2013. In 2011, Matrix Partners invested more than $30 million in JustFab. The company also received funding from its mother company, Intelligent Beauty. In August last year, Don and Adam decided to rebrand their company from JustFab to TechStyle Fashion Group.

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Troy McQuagge Named CEO of the Year

USHEALTH Group has reason to celebrate now that One Planet Awards have awarded the CEO of the Year Award to their Chief Executive Offer Troy McQuagge. The honor comes after being placed up against some of the more enterprising business leaders, representing public and private organizations across industries, submitted for consideration from countries all over the world.

McQuagge, hired to rhelp restructure the company, has been with USHEALTh for over six years. This began with a top-to-down rearrangement of USHEALTH Advisors, the company’s distribution agency. This proved to be a change in course the company was in need of, and the success experienced with a new USHEALTH Advisors led the company to elect McQuagge President and CEO. In the tow years since, McQuagge has taken USHEALTH Group to newfound success, expanding the company’s size and increasing the company’s profitability at a time where other insurance companies seem quite unsure as to their future in disparate markets across the United States.

Notified that he’d won, McQuagge was understandably honored. One Planet Awards is known for being quite judicious in selecting those they honor with awards, and in a field as competitive as insurance he was grateful to the recognition. But McQuagge was quick to reject ole recognition for the honor, stating that the men and women who work hard daily to support USHEALTH Group’s customers made it possible for him to be recognized. McQuagge went on to reaffirm the company’s commitment to doing their part to make the health insurance markets in the country more equitable for customers by providing better coverage to fit their current needs.

About Troy McQuagge

Troy McQuagge graduated from the University of Central Florida and quickly began his professional career in the health insurance industry by working for Allstate Insurance in 1983. Recognized for his talent in this line of business, and having received awards for his excellence in this industry, McQuagge eventually went on to work for USHEALTH Group, recruited for his ability to restructure the company and increase tits profitability. His successes with the company elevated him to the important positions of president and CEO of USHEALTH Advisors.

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Jeffry Schneider: Investor

Ascendant Capital, LLC Founder and CEO, Jeffry Schneider is a great man who lives his life in a way that is of help to others and himself. As a health enthusiast, Jeffry loves to run half ironman marathons, which are competitions that include a 1.2-mile swim, a 56-mile bicycle ride, and a 13.1-mile run. He has taken part in these challenges in places all around the world including New Zealand, Saint Croix, Chile, Croatia and the United States. He also researches nutrition daily and has learned about the pitfalls of the American diet. He promotes healthy eating  to stay fit and to live life to the fullest, and he also ensures that everyone who works at Ascendant has access to healthy food.

The amazing thing about Ascendant Capital is not just the fact that it has made over $1 billion in profits. It is the culture of encouragement, trust, and transparency that Jeffry Schneider has created. The company began with just two employees and now has over 50, and Jeffry works hard to ensure that it always is aligned with its investors’ interests. While every employee works hard to earn more for the company, he makes sure that every one of them knows that integrity and ethics are worth more than profit alone.

Jeffry Schneider is a believer in giving back, and thinks  that if you reach the top, you should lift others up that have not. He supports many different charitable causes and some of these include the Gazelle Foundation, Wonders and Worries, the Cherokee Home for Children, God’s Love We Deliver, Camp Honey Creek’s Summer Dream Program. He knows that a life of only taking without giving is not a life lived at all, and he has donated countless hours of his own time and money to help people where he can.

Jeffry Schneider earned his Bachelor of Science at the University of Massachusetts at Amherst and calls Austin, Texas his home.