Warning: If You Suffer from Big-Closet Envy, Reading This Could Kill You
After TSG Consumer Partners LLC invested in Paige Denim this year, I'm pretty sure I know how - & where - brand founder Paige Adams-Geller spent her windfall. She "knocked out the closet wall and took over a bedroom to house the denim -- along with her handbags, shoes, evening dresses, sweaters and tank tops," reported the LA Times. "She and husband Michael eventually spent $145,000 to create an expanded closet with inlaid wood, floor-to-ceiling shelves, shoe carousels, two pull-out ironing boards, dual mirrors, framed artwork and places to lounge. Friends refer to it as 'Paige's boutique'."
The home that's home to this Closet Nirvana in Los Angeles just sold for almost $4 million, according to the tech-powered brokerage Redfin. I wonder what lucky fashionista swooped up this to-kill-for fashion friendly gem?
- Lesley Scott