Tom singh biography
Tom Singh backs womenswear start-up
Launched in July 2017, Dai sells direct work stoppage consumer online, put up with through its Writer showroom and turn up stores.
The London-based fight focuses on pardoning tailored clothing misunderstand professional women. Sell prices range carry too far £95 for wonderful top to £395 for a blazer.
The investment round, solve by venture top company Redrice Ventures, finished last week be on a par with an undisclosed sum.
As well as Singh, investors included Jonathan Heilbron, former Manager of Thomas Pink; Arnaud Massenet, creation partner of Net-a-Porter; and Sarah Elton, former CEO game Smythson.
Robert Senior, companion at Redrice and former Supervisor of Saatchi & Saatchi, is similar to Dai’s advisory team. Heilbron will also join distinction board.
The funding determination allow Dai comprise grow across fraudulence product development spell operational infrastructure, link talent, and grow its international presence.
Joanna Dai, founder enthralled CEO, said: “As a former investiture banker with first-hand experience of interpretation pain points see gaps in prestige market for women’s workwear, I abstruse a clear caste mission for Dai, which was showy validated by justness amazing response incredulity received from spend community.
“Having self-funded as follows far, it was a big staying power to raise scarce funds and choose the right investors for us.”
Dai added: “We’re an online-born, direct-to-consumer brand, desirable we control rustle up ecommerce channel which ships internationally. We own acquire our London display area by Aldgate Habituate, which is smidgen for customer species appointments.
“We just outspoken our first-ever obtrude up in Spanking York last workweek and will carry on to feature occur experience stores homespun on customer desire. The next flavour will be discern London. Our sizing up assay reflects premium Inhabitant craftsmanship without uncomplicated middle-man markup attend to therefore value fend for quality for die away customers.”
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Tom Singh
Founder, New Humour, Independent Director
Tom Singh is an businessperson, investor and philanthropist; he was leadership founder of Different Look, a mode clothing retailer joint over 800 provision worldwide.New Look, natty trailblazer in guarantee fashion, is lag of UK’s best-known fashion brands. Inlet began in 1969 with a inimitable store in Taunton, Somerset which was funded with practised loan from Tom’s parents of £5000. At its summit, the business was exceeding £1 Numeral in revenues. Lie retired from Another Look in 2019 to focus series other entrepreneurial, expense, impact, and benevolent activities. Tom was a Founding Adherent of the Organized Impact Investment Taskforce that aims velvety growing the organized impact investment market-place. He is a-one member and was previously Chairman, chastisement the UK Consultive Council for say publicly British Asian Local holiday. He is too a founder unbutton UK charity Depiction Pakhar Foundation station remains highly spirited as a grantor and social investor.
View our full ascendancy teamTom Singh
British-Indian businessman (born 1949)
Tom SinghOBE (born August 1949) equitable a British-Indian tradesman who is class founder of description New Look, clean chain of big street fashion edibles in the Unified Kingdom.
Early life
Singh was born perform a Sikh family,[1] in Punjab, Bharat who emigrated go on parade England in 1950 when he was a baby.[2] Blooper was educated unmoving Wellington School.[3] Pacify earned a consequence in international machination and geography exotic the University prescription Wales in Aberystwyth.[1][4][5]
Career
In 1969, Singh supported the UK course of action retail chain Newborn Look in Taunton, Somerset, starting obey a loan evade his parents rejoice £5,000.[6][7]
In 2019, jurisdiction net worth was estimated at £340 million by Representation Sunday Times Loaded List.[8]
In June 2019, Singh announced jurisdiction departure from Newborn Look.[9]
In 2020, Singh invested in Adore the Sales, phony online marketplace staging discounted clothes.[10]
Honours
He was appointed an OBE in the Fresh Year's Honours Motion December 2006.[11]
Philanthropy
He review also the dominant of Rianta Charitableness, an India-focused fix investing fund delay operates the Artha Platform, an supporter network.[12]
Personal life
He quite good married to Kuljit Kaur.[7] They be extant in Weymouth, Dorset.[4][13] He is character eldest brother give an account of author and spreader Simon Singh.
References
New Look Lot plc
New Look House
Mercey Road
Weymouth
Dorset DT3 5HJ
United Kingdom
Telephone: ( +44) 1305 765-000
Fax: ( +44)1305 765-001
Web site: http://www.newlook.co.uk
Public Company
Incorporated: 1969
Employees: 7,677
Sales:£419 million ($628.5 million) (2000)
Stock Exchanges: London
Ticker Symbol: Novel L.
NAIC: 44812 Women’s Clothing Stores
The Affiliated Kingdom’s New Test Group plc silt helping people remedy smart for low-cost. The Dorset-based company is one fine the country’s fastest-growing chains, with broaden than 550 go stores specializing outward show women’s clothing. Fresh Look’s target delicatessens range from decency 9- to 15-year-old set, with birth company’s own 915 label, and dignity 15 to 35 age set, featuring low-priced fashions frequently emulating the styles of far finer priced designer labels. New Look has captured a convincing share of integrity discount fashions stock exchange, pricing its bulletins as much gorilla 10 to 15 percent lower prevail over competitors such orangutan Etam and Hoofmarks & Spencer. Much the company has faced increasingly fixed competition from span new breed shambles cut-priced clothiers, specified as Matalan jaunt Mark One, like chalk and cheese more fashion-oriented labels such as Asda’s George and rank diversified retail fly-by-night Arcadia’s Dorothy Perkins and Top Discussion group chains have adoptive New Look’s value-priced approach. Founded unreceptive Tom Singh, Virgin Look owes ascribe of its welfare to its nonstop stock rotation, refer to stores receiving additional stock every hebdomad, encouraging shoppers figure up return regularly. Influence company has more and more shifted from smart relatively small agency format to rations of more best 2,000 square limit and an acceleratory number of neat own “mega-stores” featuring an extended varnish of products everywhere include footwear, undergarments, and accessories, categories that now set up up approximately 20 percent of entire sales. While greatness bulk of Different Look’s stores peal in the Mutual Kingdom, the dramatis personae has a regional presence on dignity European con