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Carmen Busquets information


Carmen Busquets
Occupation(s)Entrepreneur, philanthropist, investor
Websitewww.carmenbusquets.com

Carmen Busquets is a Venezuelan entrepreneur, philanthropist and investor who was an early champion of the fashion-tech space.[1][2] She was the co-founder and founding investor in Net-a-Porter.[3][4] Since 1992, Busquets has invested £50 million in fashion-tech companies in the United Kingdom and the United States,[5] generating an estimated 10,000 jobs.[6]

Busquets opened a boutique named Cabus in Caracas, Venezuela in 1990.[7] With returns from technology stocks that she sold prior to the 2000 "dot-com" crash, she became a co-founder and founding investor in Net-a-Porter after meeting founder Natalie Massenet.[8] Busquets also had a belief Net-a-Porter would be successful having previously sold luxury fashion to clients via photographs through her boutique, Cabus in the pre-internet age.[9]

Net-a-Porter's sale to Compagnie Financière Richemont in 2010 netted Busquets over 16 times her initial investment.[10] In 2012, Busquets founded Cabus Venture, a dedicated investment vehicle to finance entrepreneurs within the luxury and fashion community and commerce offerings.[11] She was an early investor in New Age pioneer Deepak Chopra in the 1980s.[12] Busquets is known as a vocal proponent of sustainability, focussing on impact investment and sustainable businesses.[13]

Busquets' current portfolio includes Moda Operandi, Farfetch, Lyst, The Business of Fashion, Cult Beauty, FLOWERBX and Tagwalk.[14][5][15]

  1. ^ Cave, Andrew (6 August 2011). "Carmen Busquets invests in social networking clothing design business Lookk.com". The Daily Telegraph.
  2. ^ Gelles, David (3 October 2011). "Think big but start small". Financial Times.
  3. ^ Paton, Elizabeth (19 September 2016). "Carmen Busquets, Fashion E-Commerce's Fairy Godmother". The New York Times.
  4. ^ Nikas, Joanna. "Fashion's New Order". The New York Times.
  5. ^ a b Socha, Miles (3 September 2019). "Carmen Busquets Joins Advisory Board of Fernbrook". Women's Wear Daily.
  6. ^ Askwith, Richard. "Carmen Busquets interview: the fashion visionary who is part angel part pit bull". The Times.
  7. ^ Askwith, Richard. "Carmen Busquets interview: the fashion visionary who is part angel part pit bull". The Times.
  8. ^ Gelles, David. "Think big but start small". Financial Times.
  9. ^ "Why fashion's fairy godmother is still angry after Net-a-Porter merger". London Evening Standard. 11 April 2016.
  10. ^ Leaper, Caroline (22 August 2017). "Meet Carmen Busquets, the glamorous investor steering the future of fashion". The Telegraph.
  11. ^ Chesters, Laura (22 August 2013). "Carmen Busquets: How I fled a military coup to be a web fashion mogul". London Evening Standard.
  12. ^ Issa, Caroline (8 April 2017). "Visionaries 2017: Carmen Busquets, entrepreneur and investor". The Telegraph.
  13. ^ "Carmen Busquets is part of the BoF 500". The Business of Fashion.
  14. ^ Issa, Caroline (8 April 2017). "Visionaries 2017: Carmen Busquets, entrepreneur and investor". The Telegraph.
  15. ^ "Carmen Busquets is part of the BoF 500". The Business of Fashion.

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