Rachel Roy Net Worth, Age, Height, Biography, Husband, Children, Parents
Rachel Roy Net Worth
Rachel Roy, an American fashion designer has an estimated net worth of $12 million. Her full name is Rachel Irene Roy.
Profile
| Net Worth | $12 million |
| Name | Rachel Roy |
| Full Name | Rachel Irene Roy |
| Gender | Female |
| Born | January 15, 1974 |
| Age | 49 years old |
| Place of birth | San Bernardino County, California, U.S |
| Husband | Damon Dash (m. 2005–2009) |
| Profession | fashion designer |
| Nationality | American |
Rachel Roy Biography
At Rocawear, Rachel Roy advanced to the role of creative director overseeing the women's and children's divisions, where she crossed paths with her future spouse, Damon Dash. In 2004, she launched her own fashion line under her name. You can also check out Tory Burch.
During the early months of 2006, Roy received an esteemed accolade from the Bollywood industry in recognition of her contributions to American fashion. A year later, she was invited to join the Council of Fashion Designers of America. In June 2008, a joint venture was formed between the Jones Apparel Group and the Rachel Roy brand.
However, in 2013, Jones Apparel opted to sell itself to another company, leading to the liquidation of the Rachel Roy brand and the intended transfer of her trademarks to a different entity.
Roy took legal action against Jones Apparel, asserting her right to maintain 100% creative control over her company and to decide on the buyer. The lawsuit was eventually settled, and the brand was sold to Sycamore Partners.
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As of 2021, Rachel Roy's fashion company, Royale Etenia LLC., operates in partnership with Topson Downs. Roy holds a 36% ownership stake in the company, while Dash and Roy maintain an equal 50-50 ownership of Royale.
Rachel Roy garnered attention in the teenage market, with features in publications like Teen Vogue. In an April 2009 issue, she showcased a how to segment where she transformed a regular T-shirt into a fashionable prom dress.
In August 2009, Roy introduced The RACHEL Rachel Roy collection, a more affordable line of sportswear, footwear, and accessories. This diffusion line, bearing the label RACHEL Rachel Roy, is exclusively available at Macy's in the United States and at The Bay in Canada.
During the same season, Roy and Grammy Award-winning British pop singer Estelle announced their collaboration on a jewellery line for the Spring 2010 RACHEL Rachel Roy collection through Roy's Twitter account.
In the fall of 2010, Roy partnered with model Jessica Stam to create a capsule collection for Macy's stores and RachelRoy.com. Her outstanding contributions as a designer were recognized with an ACE AWARD in November 2010.
Beyond her work in the fashion industry, Rachel Roy serves as an advisor to World of Children, a national non-profit organization dedicated to assisting underprivileged children.
In 2018, Roy received the title of UN Women Champion for Innovation in acknowledgement of her efforts to promote gender equality and raise awareness about related issues through her collaboration with the UN.
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Additionally, she has ventured into the realm of authorship. In 2015, she released her debut book, Design Your Life, followed by 96 Words for Love, a co-authored work with her daughter Ava, published in 2019.
Rachel Roy Age
The American fashion designer was born on January 15, 1974 in San Bernardino County, California, United States. However, Rachel Irene Roy is 49 years old as of 2023.
Rachel Roy Relationship, Husband and Children
Rachel Roy and Damon Dash entered into matrimony either in late 2004 or 2005. They are blessed with two daughters.
However, their marriage encountered difficulties, leading to Roy filing for divorce in 2009.
Subsequently, in April 2015, Roy was granted sole custody of their daughters. Around the same time, she sought an order of protection against Dash, resulting in the court granting a three-year restraining order for Roy and her daughters against him.
Shortly after, Dash initiated legal action against Roy, accusing her of breaching fiduciary duties and making other allegations related to their jointly established fashion company, Royale Etenia.
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