Kendra Scott (born March 27, 1974) is an American fashion designer. She is the executive chairwoman, designer, and former chief executive officer of Kendra Scott, LLC. In 2017, she was named Ernst & Young's National Entrepreneur of the Year.
March 27, 1974
Kenosha, Wisconsin, U.S.
|Known for||Executive chairwoman, and fashion designer of Kendra Scott, LLC|
Early life and careerEdit
Kendra Scott was born in Kenosha, Wisconsin. At age 16, her family moved to Houston, Texas, where she graduated from Klein High School. Scott fell in love and "followed a boy" to Texas A&M University, which she attended for one year before dropping out to move to Austin, Texas, at age 19 to help with her ill stepfather.
Scott opened her first business, the Hat Box, which specializes in comfortable hats designed for women going through chemotherapy. Scott sold "comfortable but stylish" pieces and donated a portion of the proceeds to cancer research.
Kendra Scott, LLCEdit
Scott founded Kendra Scott LLC in 2002, designing her first collection with $500 in the spare bedroom of her home just after her oldest son was born. She walked store to store around Austin, selling to local boutiques, and at the last boutique she had to sell all of her samples to purchase enough materials to cover the orders she had made that first day.
Because of the financial crisis of 2007–2008, she nearly had to close her company, but she received an order from Nordstrom for some of their stores; this gave her exposure and allowed her to expand her business.
In 2011 she opened her second store on Rodeo Drive in Beverly Hills, but she had to close it after a while. In 2014 Scott opened stores around the South and Midwest, while ignoring the fashion elite in New York and Los Angeles. Later, in 2016, she sold a minority stake of her company to the private equity firm Berkshire Partners at a valuation of $1 billion.
As of the end of 2019, Scott had 102 retail stores. In addition to an e-commerce business, Scott's merchandise is also sold in London's Selfridges, Nordstrom, Neiman Marcus, Von Maur, Bloomingdale's and over 1,000 specialty boutiques worldwide. 95 percent of her more than 2,000 staff are women. In February 2021, Scott stepped down as CEO, retaining the Executive Chairwoman title, and named Tom Nolan as Kendra Scott's CEO.
Scott is a philanthropist with a history of supporting women and children's causes. In 2015, Scott launched the Kendra Cares Program, which brings the company's customizable Color Bar jewelry experience to pediatric hospitals across the country. In 2017, Scott's company hosted more than 10,000 Kendra Gives Back across her stores. She gave the money for local causes and also donated more than 75,000 pieces of jewelry.
In 2019, Scott donated $1 million to The University of Texas to launch the Kendra Scott Women's Entrepreneurial Leadership Institute. Since 2010 her company's program has given away $30 million.
Scott was awarded the EY Entrepreneur of the Year 2017 National Award and the Breakthrough Award from the Accessories Council Excellence Awards. She is listed as #40 in Forbes' list of America's Richest Self-Made Women 2019, been named Outstanding Mother of the Year by the Mother's Day Council, Texas Businesswoman of the Year by the Women's Chamber of Commerce, Top 100 Entrepreneurs of the Year by Upstart Business Journal and 2017 CEO of the Year by the Austin Business Journal.
Kendra Scott, née Baumgartner married John Scott on June 24, 2000. They had two children but divorced on August 22, 2006. Scott remarried on June 6, 2014 to Austinite Matt Davis in Sedona, Arizona. They have one child together. They divorced in September 2020.
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- "These are the experts, leaders working with Gov. Abbott's strike force to reopen Texas". khou.com. Retrieved 2020-04-21.
- Report of Divorce or Annulment Indexes (Report). Texas Department of State Health Services. 2000. Retrieved 2020-02-06.
104004 SCOTT JOHN M 42 KENDRA L 32 02 06/24/2000 08/22/2006
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- Khera, Japleen (23 October 2020). "Is Kendra Scott Married? Who is Kendra Scott's Husband? Does She Have Kids?". The Cinemaholic. Retrieved 27 December 2020.
- "Kendra Scott On Personal Challenges In 2020, Feeling Stronger & Giving Back – Exclusive". Retrieved 1 February 2021.