Jeanne Foley is a fashion industry expert and entrepreneur who co-founded The Groomsman Suit in 2016. TGS is the first e-commerce company offering stylish, high-quality suits and tuxedos men can own for less than the cost of a rental. The core line is available to own in seven colors across 140 jacket and pants sizes that are sold as separates for just $194.
Since launching the company out of a New York City apartment in 2016, TGS generated $2.5 million in sales in 2018, is projecting more than $8 million in sales in 2019, and is now headquartered is a 2,200 square foot office space that doubles as a showroom in Chicago.
The idea for TGS began during Jeanne’s personal experience planning her own wedding. With no other options to affordably outfit their groomsmen in tuxedos, she and her husband were forced to go the rental route only to be disappointed by the logistics, poor fit, and price.
Jeanne – about to give birth and launch TGS simultaneously – believed the business model would fill a void in the market and planned to test the potential by launching a Kickstarter campaign. After sharing the idea with her best friend Diana – an accomplished CEO with a strong understanding of business strategy and growth – the two realized that together they could take the business to much larger heights. Jeanne’s fashion industry experience combined with Diana’s business background has proven to be a perfect fit.
Previously, Jeanne spent 12+ years in the fashion industry, engineering apparel fit & construction as a Technical Designer for Under Armour, Abercrombie & Fitch and Talbots.
She earned her Bachelor of Arts Degree in Fashion Design from the Illinois Institute of Art. She currently resides in Chicago with her daughter and husband.
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