BANDING TOGETHER: Band of Outsiders’ Scott Sternberg is ready to take his business to the next level — and is getting some help to speed him along. Reached as he boarded a New York-bound plane in Los Angeles Tuesday, Sternberg said, “I have to be slightly vague” about a cadre of new investors in his firm.
“I maintained total control of the business, but with these really awesome people putting money and experience and support in,” he said. “It’s not like I’m looking for an out or anything like that. It’s the opposite. It’s very about investing in a really important expansion phase.”
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This story first appeared in the February 27, 2013 issue of WWD. Subscribe Today.