Erin Lecce.
Taylor Hill/Film MagicThe Real Housewives of New York City's Erin Lecce She views her previous handbag work as a learning experience.
“I don’t look at it as a failure, but we lost a lot of money,” Leshi (37 years old) said in the Monday, January 20, episode of the program. Jason Tartick's “Trading Secrets” Podcast. “Technically, it kind of failed.”
Lichy shared that she lost “over $100,000” on the project. (The Bravo star later noted that she had invested “over” $100,000 in the business, noting that was “most likely” her starting amount.) “We kept pumping money in,” Lecce said.
In Leshi's view, working in fashion is “impossible” unless you have a previous background in the industry or “have the support of someone big”.
“You fail to meet the minimum in Asia, or if you are manufacturing anywhere overseas, you fail to meet the minimum. “Then you start making it in New York, and you face labor costs,” Lecce claimed. “It's a Very difficult. We really believed in making things in New York and in our studio, for example. We were making them in China before, and I felt very uncomfortable about that for many reasons.
Leshi recalled visiting factories that she claimed were “not the way they say they are.” “They are not working properly,” she added. Not all of them, but the one I went to.”
Leshi focused on manufacturing in New York but said everything was “slower.” “You have to go buy materials from Italy that are transported to New York and then pay middleman fees on top of that,” she added. This costs a lot of money and hence you cannot compensate it in marks.
Lecce described the process as a “never-ending battle.” When asked if she had raised capital, Lecce replied: “No, and that is what I have learned never to do again.”
Erin Lecce has revealed she is no closer to nesting after announcing her fourth pregnancy last month. “I didn't do anything,” Lishi, 37, exclusively admitted to Us Weekly on Friday, December 13, while attending iHeart Radio's Jingle Ball at Madison Square Garden in New York City. The Real Housewives of New York City star revealed that she was “not ready (…)
Although the business did not take off the way she had hoped, Lecce noted that she has “no regrets” in her life.
“I ended up selling the name, but on the other hand, it was the best learning experience of my life,” she said. “I would never know how to build a business the way I do now if that didn't happen.”
Erin took the lessons she learned from the handbag business and applied them to her business husband My father, why?its co-founder of Mezcalum. “This time, Abby and I went into this with a sales partner, advisors, and raising capital,” she said.
