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Friday, January 7, 2011

Young and Rich : Stacey Bendet

She founded alice + olivia, a wildly successful women's clothing line, which brings in a reported $50 million a year.

Bendet started her business with University of Pennsylvania classmate Rebecca Matchett (alice + olivia is named after the founders' mothers), and the collection is now sold in more than 800 stores around the world. Why the company became successful may simply be traced to Bendet's creativity. New York once reported that while in college, Bendet Rollerbladed to a job interview dressed in orange pants and a fur bomber jacket. Today, her collections are known for being sophisticated but always adorned in a sense of fun and a little quirkiness. And what happened to Matchett? The two parted ways pretty early in their partnership, but Matchett isn't doing so badly either -- she is the co-founder of another clothing company called Rebecca & Drew.

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