StarTribune
Recent Quotes
My Watchlist
Indicators
Local Stocks
Markets
Minnesota Stocks
Stocks
ETFs
Tools
Overview
News
Currencies
International
Treasuries

35-year-old risked his parents' house on a $2.5 million loan to start a fashion brand—now it brings in $100 million a year

By: CNBC.com News
Cashmere apparel brand Naadam began with a surprise trip to the Gobi Desert and a $2.5 million loan that used CEO Matt Scanlan's parents' house as collateral.
Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
Browse Business Sections
Latest Columns
Elsewhere in Business
  1. 9m
    BMW recalls over 291,000 SUVs because interior cargo rails can detach in crash, raising injury risk
  2. 18m
    Appeals judges rule against fund used to provide phone services for rural and low-income people
  3. 56m
    Vermont opens flood recovery centers as it awaits decision on federal help
  4. 1h
    Stock market today: A wipeout on Wall Street sends the S&P 500 down by 2% as Big Tech skids
  5. 1h
    Death toll rises to 6 in explosion and fire at tequila factory in Mexico
  6. 2h
    Delta CEO, in Paris for the Olympics, says outage-related cancellations should end Thursday
  7. 3h
    Meta takes down thousands of Facebook, Instagram accounts running sextortion scams from Nigeria
  8. 3h
    Plane crashes just after takeoff from Nepal's capital, killing 18 people. Pilot is lone survivor
  9. 4h
    Strike at plant that makes truck seats forces production stoppage for Missouri General Motors
  10. 4h
    Lamb Weston, Tesla fall; Tenet Healthcare, Mattel rise; Wednesday, 7/24/2024
Most Read
  1. 'It was just shocking': Rainbow Health workers push for answers on abrupt shutdown • Business
  2. Ukrainian fruit juice kingpin owes Cargill $124M judgment, but can't be found • Business
  3. HealthPartners leaving United's Medicare Advantage network • Business
  4. By land or air, how one reporter returned to MSP — and sought compensation — amid Delta debacle • Business
  5. Best Buy introduces 'spokeshologram' and a hint of magenta in new branding campaign • Business

Business

Complete coverage of business news in the Twin Cities, Minnesota and elsewhere, including Fortune 500 Minnesota companies: UnitedHealth Group, Target, Best Buy, 3M, CHS, U.S. Bancorp, General Mills, C.H. Robinson, Land O’Lakes, Ecolab, Ameriprise Financial, Xcel Energy, Hormel Foods, Thrivent Financial, Polaris, Securian Financial Group, Fastenal and Patterson Cos.

© 2024 StarTribune. All rights reserved.