Adam Sandow

Last updated
Adam Sandow
Education University of Miami
Years active1994 – Present
Title
Term2019 – Present
Website sandow.com

Adam I. Sandow is an American businessman and entrepreneur. He is the founder and chairman of a self-named holding company, and the founder, chairman and CEO of Material Bank, an online platform for searching and sampling architectural, design and construction materials. Sandow began his career in publishing, starting several media companies and publications, including NewBeauty and Luxe Interiors + Design. He acquired Interior Design, the finance magazine Worth , and the intellectual property of the clothing brand Fred Segal. In 2019, Sandow founded Material Bank and acquired Metropolis , an architecture and design magazine.

Contents

Early life and education

Sandow grew up in Miami, Florida and attended the University of Miami in nearby Coral Gables, Florida. [1]

Career

In 1994, Sandow started a publishing business and launched a national consumer magazine, Honeymoon. [2] He sold this business in 1999. Later he joined and served as principal of the Internet start-up and wedding media company The Knot. [3] Sandow led The Knot to an IPO in 2000 before leaving to start his own company. [4]

Sandow founded his eponymous company, stylized as SANDOW, in 2003. [4] In 2005, he founded NewBeauty, a consumer magazine which publishes articles about beauty, ranging from products to cosmetic procedures. [5] [6] [7] In that same year, Sandow started his company’s second magazine, Luxe Interiors + Design, an architecture and design magazine focused on high-priced homes which had its first issue in June 2005. The magazine began with a Colorado edition [8] but has expanded to a national edition, 14 regional editions, and 2 seasonal editions. [9] In 2006, Sandow started TestTube, a beauty product sampling subscription program. [10]

In 2008, SANDOW acquired finance magazine Worth from CurtCo Media. [11] [12] Sandow also started MediaJet, a network of newsstands at private jet terminals geared toward affluent consumers. [13] In 2010, the company added design industry trade magazine Interior Design and the Furniture Today Group, purchased from Reed Business Information. [14] In 2011, acquisitions included design and architecture magazine Surface , [15] materials consultancy Material ConneXion, and creative management agency Culture + Commerce. [16]

In 2012, Sandow acquired the intellectual property of the Los Angeles-based clothing brand Fred Segal. [1] [17] Sandow sold Furniture Today in 2013 to FT Media Holdings, Inc. [18] In May 2014, Sandow brought in equity partner Evolution Media Partners, [19] to license the Fred Segal brand to overseas retail stores, including several in Japan. [20]

In summer 2014, Sandow introduced BeautyDNA, [21] an online beauty product matching service. As of 2017, Sandow has offices in New York City and South Florida. [22]

In December 2018, Sandow acquired Contract Consulting Group, a Chicago-based market research firm, which was renamed ThinkLab. [23] In May 2019, Sandow was contracted to oversee the operations of NYCxDesign, New York’s design week, beginning in 2020. [24] In November 2019, Sandow acquired Metropolis , an architecture and design magazine. [25]

Sandow founded Material Bank in January 2019 and serves as its chairman and CEO. [26] The company provides an online platform to order free samples of architectural, design and construction materials. [27] In August 2021, Material Bank acquired Clippings, an interior design procurement platform based in the UK and Bulgaria. [28] [29] The same year, Sandow received a Honorary Doctorate from the New York School of Interior Design. [30]

In March 2022, Material Bank also acquired Amber Engine, a software company for product information management. [31] As of May 2022, Material Bank has raised more than $325 million in funding and is valued at $1.9 billion. [32] [33] In June of the same year, Sandow completed the acquisition of Architizer, a New York digital media company. [34]

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References

  1. 1 2 Pounds, Marcia Heroux (2015-05-15). "Publisher builds multimillion-dollar creative empire in Boca Raton". Sun Sentinel. Retrieved 2023-06-14.
  2. ↑ "It's Not Just A Magazine, It's A Travel Adventure". tribunedigital-sunsentinel.
  3. ↑ "Hall of Fame – Florida Magazine Association" . Retrieved 2023-06-14.
  4. 1 2 "Jessica Kleiman Joins Sandow". Gifts & Decorative Accessories. 2012-11-13. Retrieved 2023-06-14.
  5. ↑ Brandweek. Adweek L.P. January 2007. p. 96.
  6. ↑ "For Those Who Want a Little Work Done, or Just to Read About It". New York Times, By MARK GLASSMANJAN. 31, 2005
  7. ↑ Rexrode, Christina (December 17, 2007). "Peak Perks". Tampa Bay Times. Retrieved 2023-06-14.
  8. ↑ Bryer, Amy (November 27, 2005). "Jeeves, bring me my copy of Luxe". www.bizjournals.com. Retrieved 2023-06-14.
  9. ↑ Guaglione, Sara (2020-10-21). "'Luxe' Magazine Celebrates 15 Years With Redesign". Media Post. Retrieved 2023-06-14.
  10. ↑ Dizik, Alina (2011-12-13). "For Beauty Junkies Who Just Want to Dabble". Wall Street Journal. ISSN   0099-9660 . Retrieved 2023-06-14.
  11. ↑ Marissa Miley. (15 April 2009). "Worth Relaunches as Even More Exclusive Title for Ultra-Rich". adage.com.
  12. ↑ "Worth magazine's new owner rights ship by charging wealth managers for write-ups". Riabiz, November 15, 2009 by Brooke Southall
  13. ↑ "The 60-second interview: Adam Sandow, chairman and C.E.O., Sandow". Politico. 2015-05-26. Retrieved 2023-06-14.
  14. ↑ "Sandow Media acquires Interior Design magazine and Furniture Today". Business of Home. 2010-03-18. Retrieved 2023-06-14.
  15. ↑ "Sandow acquires Surface Magazine, creates China editions". Business of Home. 2011-04-15. Retrieved 2023-06-14.
  16. ↑ "New acquisitions further Sandow's position in the design world". Business of Home. 2011-06-01. Retrieved 2023-06-14.
  17. ↑ "Can Fred Segal Reclaim Its Southern-California Cool?". The Business of Fashion. 2016-12-16. Retrieved 2023-06-14.
  18. ↑ Mickey, Bill (July 1, 2013). "Sandow Sells Furniture Today Group". Folio:. Archived from the original on 2015-10-04. Retrieved 2023-06-14.
  19. ↑ Lockwood, Lisa (2012-05-03). "Fred Segal's New Deal". WWD. Retrieved 2023-06-14.
  20. ↑ "Fred Segal to bring California cool to new lifestyle centers". www.bizjournals.com. June 4, 2014. Retrieved 2023-06-14.
  21. ↑ Naughton, Julie (2014-05-30). "Adam Sandow Creates Beauty's New Matchmaker". WWD. Retrieved 2023-06-14.
  22. ↑ Cummings, Carrie (April 14, 2015). "Sandow's N.Y. Office Packs Style Into Every Corner". www.adweek.com. Retrieved 2023-06-14.
  23. ↑ "Sandow acquires market research firm, rebrands it to ThinkLab". Business of Home. 2018-12-03. Retrieved 2023-06-14.
  24. ↑ Brake, Alan G. (2019-05-07). "New Leadership for New York's Design Festival". The New York Times. ISSN   0362-4331 . Retrieved 2023-06-14.
  25. ↑ "Sandow acquires Metropolis magazine". Dezeen. 2019-11-18. Retrieved 2023-06-14.
  26. ↑ "Material Bank raises $100 million, with plans to target residential design". Business of Home. 2021-05-06. Retrieved 2023-06-14.
  27. ↑ Crook, Jordan (2020-04-30). "Material Bank, a logistics platform for sourcing architectural and design samples, raises $28M". TechCrunch. Retrieved 2023-06-14.
  28. ↑ Fairs, Marcus (2021-08-16). "Material Bank buys Clippings to speed digitisation of "one of the few remaining sectors" to be transformed by technology". Dezeen. Retrieved 2023-06-14.
  29. ↑ "Material Bank acquires London-based interior design procurement platform". Designers Today. 2021-08-17. Retrieved 2023-06-14.
  30. ↑ "Adam Sandow and Kia Weatherspoon to Speak At New York School Of Interior Design 2021 Virtual Commencement Ceremony". New York School of Interior Design. 2021-04-18. Retrieved 2023-06-14.
  31. ↑ "Ralph Lauren Home inks a new deal, Material Bank makes an acquisition, and more". Business of Home. 2022-03-22. Retrieved 2023-06-14.
  32. ↑ "Material Bank raises $175 million". Business of Home. 2022-05-05. Retrieved 2023-06-14.
  33. ↑ "Brookfield Growth Backs Material Bank at $1.9 Billion Valuation". Bloomberg.com. 2022-05-05. Retrieved 2023-06-14.
  34. ↑ Hickman, Matt (2022-06-22). "Material Bank acquires architecture media mainstay Architizer". The Architect’s Newspaper. Retrieved 2023-06-14.
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