Mark David The carefully tailored and fashionably dressed Sunset Strip home of Adam Bernhard, founder and former CEO of the members-only discount flash sale site HauteLook, has popped up on the market with a hang tag marked with the not-exactly-bargain-basement-price of $5.149 million.The serial entrepreneur, who once owned a chain of pizzarias in mall food courts, launched HauteLook in 2007 and sold it to Nordstrom in 2011 for a staggering $270 million, $180 million in Nordstrom stock plus a three-year earn-out of up to $90 million.
Like many retailers, Covid-19 has hit Nordstrom hard this year; stock prices have dropped by more than 50% from the more-than-$41-per-share price at the pandemic’s onset in late February.
Read more on variety.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.