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| Scottevest was founded in 2000 by Scott Jordan in ]. The company takes its name from its founder's first name together with its first product, known as the eVest, described as "a techie version of the classic fisherman's vest".<ref>, ''Businessweek.com'', November 12, 2001</ref><ref>Fabrizio Pilato, ''Mobile Magazine'', January 24, 2002</ref> | Scottevest was founded in 2000 by Scott Jordan in ]. The company takes its name from its founder's first name together with its first product, known as the eVest, described as "a techie version of the classic fisherman's vest".<ref>, ''Businessweek.com'', November 12, 2001</ref><ref>Fabrizio Pilato, ''Mobile Magazine'', January 24, 2002</ref> | ||
| Scottevest makes vests, jackets, fleece jackets, pullovers, hoodies, |
Scottevest makes vests, jackets, fleece jackets, pullovers, hoodies, pants, boxers, hats and more which incorporate specialized pockets and wire management features.<ref></ref><ref></ref> One product integrated ] into the ].<ref></ref> | ||
| ==Corporate Culture== | |||
| One product integrated ] into the ].<ref></ref> | |||
| Scottevest is known for its unique corporate culture. F.I.O., or Figure It Out is the cornerstone of this philosophy. The freedom the company gives its employees to come up with solutions to issues on their own rather than running them up the corporate flagpole makes Scottevest rather different from many other corporations. Scottevest, by nature, trusts its employees, regardless of rank or hierarchy, to solve issues presented in front of them. This leads to a greater sense of empowerment and importance for those lower on the totem pole, and relief of knowing things with get done for those on the top. | |||
| The five major components of SeV Culture are: | |||
| # Honesty, Integrity, Transparency | |||
| # "I'll figure it out" mentality | |||
| # Grammar and spelling counts | |||
| # Speed, Accuracy, and Efficiency | |||
| # No Drama | |||
| Avoiding many of the pitfalls found in other corporate environments, Scottevest has been able to utilize this corporate philosophy to continuously see year-over-year growth.<ref></ref> | |||
| ==Scottevest and TEC In The Media== | |||
| On March 1, 2012, Scott Jordan appeared on Episode 307 of the ABC Show, Shark Tank<ref></ref> in what has become one of the most talked about segments to date. After a bit of verbal sparring between Scott and the sharks, particularly ], he rejected the Sharks offers for up to $1M in funding after a number of unreasonable terms were added to the offer. The appearance was so different and controversial from what came before it, it is being considered a case study<ref></ref> for other contestants before going on. Despite not getting funding, interest in Scottevest grew significantly and is viewed by most as a successful pitch. | |||
| Quite a few celebrities have been spotted wearing Scottevest items, either in movies and tv shows or just in their normal lives. These include ], ], ], ], ], ] and many others.<ref></ref> | |||
| ==Collaborations== | |||
| Scott Jordan teamed with ] to create a series of videos called "Wozisodes" <ref></ref> | |||
| Author ] collaborated with Scottevest to create the Brad Thor Alpha Jacket in 2013, representing the ultimate cloak-and-dagger jacket.<ref></ref> | |||
| ==Board of Advisors== | |||
| Scottevest utilizes a board of advisors from many sectors of business to help guide the company, most of them industry leaders in their field.<ref></ref> They include: | |||
| * Kenneth "Hap" Klopp - Chairman of the Board of Advisors and founder of The North Face | |||
| * ] - Co-founder of Apple | |||
| * ]- Founder of HARO and a cited PR source in dozens of media sources from TV to print. | |||
| * Carter Weiss - Founding partner of Silas Capital and Co-founder of Built NY | |||
| * Chad Parmenter - Founder member of Mirus Planning LLC | |||
| * Rohit Bhargava - Author of "Personality Not Included" and founding member of 360 Digital Influence | |||
| * Ed Allen - Former EVP/Co-owner of Dedicated Computing LLC | |||
| * ] - Noted Computer Scientist | |||
| * Robert V Taylor - Owns his own consulting firm with of 40 years experience as a retail executive | |||
| * Jack Cook - Former Dean of students | |||
| * Dale Closner - Former regional sales manager for Gottex swimwear | |||
| * Barry Moltz - Founder of angel investment group "An Angel Fund" | |||
| ==Litigation== | ==Litigation== | ||
| In 2002 Scottevest was threatened with a lawsuit by ] over the use of a cursive lower case "e" in Scottevest's logo (originally spelled "Scott eVest").<ref>{{subscription required}}</ref> | In 2002 Scottevest was threatened with a lawsuit by ] over the use of a cursive lower case "e" in Scottevest's logo (originally spelled "Scott eVest").,<ref>{{subscription required}}</ref> but the issue was dropped after a small change in the font. The result was people trying to order anything they could with the old "e" as a collector's item. | ||
| ⚫ | In 2004, ] of ] sued Scottevest for trademark violations, alleging that Scottevest violated company trademark by using the word "Scott" in its brand name.<ref></ref> Jordan always insisted any similaries were purely coincidental and Scottevest never tried to gain advantage through the Scott USA brand. The case was settled, with Scottevest agreeing to concatenate and capitalize its brand name (Scottevest instead of Scott eVest).<ref></ref> | ||
| ==Future of Scottevest== | |||
| ⚫ | In 2004, ] of ] sued Scottevest for trademark violations, alleging that Scottevest violated company trademark by using the word "Scott" in its brand name.<ref></ref> The case was settled, with Scottevest agreeing to concatenate and capitalize its brand name (Scottevest instead of Scott eVest).<ref></ref> |
||
| A CES 2013, Scottevest introduced the concept video for the TEC Jacket 2.0<ref> "TEC 2.0 at CES"]</ref> With such features as a built-in flexible battery, LED lighting, stereophonic headphones, transformable solar panels and more, Scottevest showed they're not just content with what is out there now and is always looking forward. | |||
| ==References== | ==References== | ||
Revision as of 20:47, 25 November 2013
| Company type | Private |
|---|---|
| Industry | Apparel, Licensing |
| Founder | Scott Jordan |
| Headquarters | Ketchum, Idaho, U.S. |
| Area served | Worldwide |
| Products | Apparel |
| Website | Scottevest.com |
Scottevest designs and manufactures a full line of clothing with a conduit system, specialized pockets and compartments, to manage and control wires of electronic devices. In 2003, Scottevest moved its headquarters from Chicago, Illinois to Ketchum, Idaho.
Origins and history
Scottevest was founded in 2000 by Scott Jordan in Chicago, Illinois. The company takes its name from its founder's first name together with its first product, known as the eVest, described as "a techie version of the classic fisherman's vest".
Scottevest makes vests, jackets, fleece jackets, pullovers, hoodies, pants, boxers, hats and more which incorporate specialized pockets and wire management features. One product integrated solar panels into the jacket.
Corporate Culture
Scottevest is known for its unique corporate culture. F.I.O., or Figure It Out is the cornerstone of this philosophy. The freedom the company gives its employees to come up with solutions to issues on their own rather than running them up the corporate flagpole makes Scottevest rather different from many other corporations. Scottevest, by nature, trusts its employees, regardless of rank or hierarchy, to solve issues presented in front of them. This leads to a greater sense of empowerment and importance for those lower on the totem pole, and relief of knowing things with get done for those on the top.
The five major components of SeV Culture are:
- Honesty, Integrity, Transparency
- "I'll figure it out" mentality
- Grammar and spelling counts
- Speed, Accuracy, and Efficiency
- No Drama
Avoiding many of the pitfalls found in other corporate environments, Scottevest has been able to utilize this corporate philosophy to continuously see year-over-year growth.
Scottevest and TEC In The Media
On March 1, 2012, Scott Jordan appeared on Episode 307 of the ABC Show, Shark Tank in what has become one of the most talked about segments to date. After a bit of verbal sparring between Scott and the sharks, particularly Mark Cuban, he rejected the Sharks offers for up to $1M in funding after a number of unreasonable terms were added to the offer. The appearance was so different and controversial from what came before it, it is being considered a case study for other contestants before going on. Despite not getting funding, interest in Scottevest grew significantly and is viewed by most as a successful pitch.
Quite a few celebrities have been spotted wearing Scottevest items, either in movies and tv shows or just in their normal lives. These include Matthew McConaughey, Dustin Hoffman, Steve Martin, Adam Balwin, Levar Burton, Steve Wozniak and many others.
Collaborations
Scott Jordan teamed with Steve Wozniak to create a series of videos called "Wozisodes"
Author Brad Thor collaborated with Scottevest to create the Brad Thor Alpha Jacket in 2013, representing the ultimate cloak-and-dagger jacket.
Board of Advisors
Scottevest utilizes a board of advisors from many sectors of business to help guide the company, most of them industry leaders in their field. They include:
- Kenneth "Hap" Klopp - Chairman of the Board of Advisors and founder of The North Face
- Steve Wozniak - Co-founder of Apple
- Peter Shankman- Founder of HARO and a cited PR source in dozens of media sources from TV to print.
- Carter Weiss - Founding partner of Silas Capital and Co-founder of Built NY
- Chad Parmenter - Founder member of Mirus Planning LLC
- Rohit Bhargava - Author of "Personality Not Included" and founding member of 360 Digital Influence
- Ed Allen - Former EVP/Co-owner of Dedicated Computing LLC
- David J. Farber - Noted Computer Scientist
- Robert V Taylor - Owns his own consulting firm with of 40 years experience as a retail executive
- Jack Cook - Former Dean of students
- Dale Closner - Former regional sales manager for Gottex swimwear
- Barry Moltz - Founder of angel investment group "An Angel Fund"
Litigation
In 2002 Scottevest was threatened with a lawsuit by IBM over the use of a cursive lower case "e" in Scottevest's logo (originally spelled "Scott eVest")., but the issue was dropped after a small change in the font. The result was people trying to order anything they could with the old "e" as a collector's item.
In 2004, Scott USA of Sun Valley, Idaho sued Scottevest for trademark violations, alleging that Scottevest violated company trademark by using the word "Scott" in its brand name. Jordan always insisted any similaries were purely coincidental and Scottevest never tried to gain advantage through the Scott USA brand. The case was settled, with Scottevest agreeing to concatenate and capitalize its brand name (Scottevest instead of Scott eVest).
Future of Scottevest
A CES 2013, Scottevest introduced the concept video for the TEC Jacket 2.0 With such features as a built-in flexible battery, LED lighting, stereophonic headphones, transformable solar panels and more, Scottevest showed they're not just content with what is out there now and is always looking forward.
References
- Ed. Toddi Gutner, "Footnotes: Fashion", Business Week Online, March 8, 2004
- Idaho Mountain Express article
- "Fresh Gear: Scott eVEST", Businessweek.com, November 12, 2001
- Fabrizio Pilato, "Scott eVEST Version 2.0" Mobile Magazine, January 24, 2002
- ScotteVest Gadget Garb Premiers
- Scott Jordan Signature System: How Geek Can Meet Chic
- US News and World Report article about SeV Solar Jackets
- "Scottevest Corporate Culture"
- "Episode 307 - Shark Tank"
- "Shark Tank Success Stores"
- "Celebs Love SEV"
- "Wozisodes"
- "Brad Thor Alpha Jacket"
- Chicago Business article about IBM vs. Scottevest, Inc.(subscription required)
- Idaho Mountain Express story about Scott USA vs. Scottevest
- "Suit setted"
- "TEC 2.0 at CES"]