Don Ressler: An E-commerce Pioneer

There is perhaps no one in the world of e-commerce today who has exemplified more drive and ambition than Don Ressler. Getting his start in 1997, Ressler is widely regarded as an innovator of online space and the industry in general. His associations include Fitness Heaven, Intermix Media, Alena Media, and others. As of recently, however, Ressler has focused his energy on his own ventures—JustFab and TechStyle Fashion Group.

 

JustFab’s first major fund acquisition came in the fall of 2011 when Matrix Partners invested $33 million into the company. This investment would be the first of many. Rho Capital Partners came through with $76 million in the summer of the following year. It would be another 14 months, however, before the Shining Capital would invest $40 million. In December of 2013, Shining Capital decided to add a cherry on top with another $15 million. By August of 2014, Passport Capital made an investment to top all others with $85 million to JustFab.

 

Today, TechStyle Fashion Group is comprised of over 4 million active members. The company, however, was founded by accident by Don Ressler in March 2010. Since then, TechStyle’s membership numbers have grown steadily. In May of 2013, the company expanded internationally into Spain and France following the acquisition of The Fab Shoes. With the major investment by Passport Capitol in 2014, JustFab brought its total capitalization to $250 million. Fabletics, an online athletic retailer founded in part by Ressler, became TechStyle’s fastest growing label in 2015. In April of 2016, Fabletics announced plans to open between 75 and 100 brick and mortar stores of the next three to five years.

 

Don Ressler’s involvement in e-commerce expands far beyond TechStyle and JustFab. Ressler played a huge role in enhancing the shareholder value at Intermix Media—the parent company of Myspace.com. Ressler would also go on to found Intelligent Beauty—a health and wellness, beauty, and fashion products retailer—which would lay the inspirational groundwork for TechStyle Fashion Group.

 

Having started in Ressler’s living room at his Manhattan Beach house, JustFab’s rapid growth and international expansion quickly necessitated relocation of the company’s headquarters. Of particular appeal was vicinity of El Segundo, California to the international airport and magnificent beaches. In addition to the scenery and convenience, the headquarters at El Segundo currently has 128,000 square feet of office space with room for expansion—a huge plus, considering that JustFab’s future is sure to be prosperous. https://www.linkedin.com/in/don-ressler-328b4618

Flavio Maluf: Leadership with a Purpose

Leadership is one of the most sort after quality in any successful organization. While effective leaders are born, some are made. Flavio Maluf is one of the few individuals when have in the world today that can stand and be counted as effective leaders. His contributions to the companies he has worked for are nothing but a testimony of his leadership skills.

 

Currently, Flavio Maluf is the President of Eucatex Group the world’s number one manufacturer and distributer of eucalyptus wood products since 1951. Under the leadership of Mr. Favio the company has segmented its operations into two industries; the Furniture industry and the Construction industry. Whereas the company’s furniture industry deals with production of fiber plates, MDP and Tamburato the construction industry exclusively deals with the manufacture of paints, doors, modular partitions and laminated floors.

 

What makes Mr. Flavio Maluf an exemplary leader for Eucatex Group? First, Flavio’s in depth understanding of the industry. Before becoming the President of the group, Flavio had worked for the company for quite a while. He joined Eucatex in 1987 working in the trade section for at least a decade before moving to the industrial section in 1996. This two experience helped Mr. Flavio get a feel of the daily operations within the company, which come in handy at the top job.

 

The ability to embrace modernity. This is the second factor that has helped Flavio Maluf succeed in his leadership position at Eucatex. Unlike his predecessor, Maluf has been able to embrace the concept of modernizing the business environment. This has allowed his extend the company’s operations and products to other countries, at least 37 countries in the world hence helping Eucatex record profits of up to R$ 10.7.

 

Finally minding the environment. For a company that strongly relies on the environment more so trees for survival, being mindful of the trees comes as part of the job description. Flavio Maluf is one individual who has been very keen when it comes to conserving his environment. This has earned the company endorsements such as FSC® Certification and ISO 14001.