Your Closet is an online dress rental store where women can hire high-end designer dresses for a fraction of the retail cost. Customers can hire dresses for between 15 to 20 percent of their retail price, so for a $1000 designer dress the consumer will pay from $150 along with a $5 insurance fee that covers any mishaps like broken zippers, red wine spills etc.
Jessica May, founder and CEO of Enabled Employment, has been named the winner of Optus’ first Your Shark Tank competition. The price includes $10,000 in prize money, products and services from Optus, and mentoring sessions with Optus’ venture capital team and Boost Juice founder Janine Allis.
Entrepreneurs seem to be the new big thing on television. Having debuted Shark Tank just a few weeks ago, Channel 10 has launched another business program. However, instead of focusing on wannabe entrepreneurs looking for money, new show Where It All Began highlights established entrepreneurs giving back.
Last night was the premiere episode of new Channel Ten program, Shark Tank. Originally an American show that started in 2009 and has now been running over there for six seasons and over one hundred episodes, Australia and Portugal are the only two countries in that time to ever launch a local version of the show, both premiering this year.
It was revealed that co-host of Studio 10, Sarah Harris would be hosting the series when it airs next year and will be accompanied by the sharks who are Steve Baxter (PIPE Networks, StartupAUS and River City Labs), Janine Allis (Boost Juice, Salsa’s Fresh Mex), Andrew Banks (Talent 2 International), John McGrath (McGrath Real Estate) and Naomi Simson (Red Balloon).