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Revision as of 03:07, 19 February 2024 by Chelseamadden23 (talk | contribs)(diff) ← Previous revision | Latest revision (diff) | Newer revision → (diff) Australian businesswomanJane Lu | |
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Born | (1986-06-12) 12 June 1986 (age 38) China |
Alma mater | University of New South Wales (BCom) |
Occupation | businesswoman |
Known for | founding Showpo |
Television | Shark Tank |
Jane Lu (born 12 June 1986) is an Australian businesswoman.
Lu is the founder and chief executive officer of the fashion boutique Showpo.
In March 2023, it was announced she would be joining Shark Tank on Network 10 as one of the "sharks".
Biography
Lu is the only child to Chinese-Australian parents. After leaving school, she completed an accounting cadetship with KPMG before working as an analyst for Ernst & Young.
Lu decided to leave Ernst & Young to establish a pop-up shop with two friends, Fatboye Group.This venture proved to be unsuccessful, leaving Jane in debt and unemployed in the midst of the 2008 Global Financial Crisis.
Determined to succeed, Lu decided to start her very own retail business. Founded in 2010, the business was initially called Show Pony, but the name was changed to Showpo after it emerged that the name was owned by an American businessOver the next two years, Lu’s unsuspecting parents thought she was heading to a high-rise office in Sydney CBD every day despite her actually heading in a cafe or library to build on her second business.
The business proved to be a success and has since increased in value each year. By 2012, Showpo was a million-dollar company with only four staff. In 2019 it reached $85 million and by 2022 Showpo turned over $100M in sales with over 120 employees worldwide.
Showpo has gone on to win several awards over the years including Online Retailer of the Year Australia at the Online Retail Industry Awards in 2018 In the same year, Showpo also won the Exporter of the Year at the Premier's NSW Export Awards In 2019, Showpo proudly received the Australia Post’s Online Retail Industry Award.
As part of the continued success and expansion, in 2022, Showpo introduced its second in-house label, Amelie The Label
Today, Showpo has 3.7M+ followers worldwide across several social media platforms. Lu continues to focus on driving a global expansion for Showpo, with her main focus on becoming a go-to retailer in the US.
Jane has also had an active involvement working with well-known charity, The Hunger Project She has used Showpo as a platform to actively launch 2+ collections a year since partnering with the charity in November 2017, with all proceeds going to the charity.
But Lu’s success doesn’t stop there. She was named as the Cosmopolitan Entrepreneur of the Year in 2015. In 2016, she was listed in the Forbes Asia "30 under 30" list. She was listed in Smart Company's "Hot 30 under 30" list in both 2016 and 2017. In 2017, Lu was among the most viewed fashion professionals on LinkedIn. That same year, she debuted on The Australian Financial Review "Young Rich List".
Jane has leveraged social media to her advantage creating a loyal following of doting entrepreneurs and fashion enthusiasts. And has turned her focus onto many passion projects as she continued growing her personal brand.
In 2015, Jane co-created LMBDW (Like Minded Bitches Drinking Wine). A like-minded and supportive community of over 170,000+ individuals. The group, hosted on Facebook, is a networking opportunity for women who aspire to be entrepreneurs, or have a general interest in business.
Since the launch, Lu has hosted numerous networking events, with her largest conference being Bitchcon in October 2023, the second event of its kind, surpassing 500+ attendees. Lu brought together key industry speakers, including Sally Obermeder from Real Housewives Of Sydney, Melinda Willis from Married At First Site, Matilda Murray, Founder Of Stax as well as fellow Shark Cat Wallace.
In October 2019, Lu got married to Showpo CFO James Waldie. The successful CEO sported a $299 Showpo wedding dress.
In March 2023, it was announced Jane would be joining Shark Tank on Network 10 as one of the "sharks" Lu was one of five new "sharks" announced for a new series of Shark Tank. Jane Lu as well as Davie Fogarty, Sabri Suby, American "shark" Robert Herjavec and Catriona Wallace succeeded the previous cast of Janine Allis, Andrew Banks, Steve Baxter, Glen Richards and Naomi Simson when the program returned late 2023.
In May 2023, Lu launched her first business podcast, reaching #1 on the Australia businesses podcast charts on Apple.The Lazy CEO podcast is dedicated to conversations with the entrepreneurs behind iconic brands in the Australian and USA business space to share their valuable anecdotes and experiences.Lu has taken the opportunity to share some of her own expertise and insights with a wider audience throughout her podcast.
Lu decided to launch her own business course in April 2023. The course was created with the intention to empower and guide aspiring entrepreneurs with knowledge, learnings and invaluable lessons of the business world. Within the course, Jane dives deep into the complexities of starting a business whilst sharing her own experiences
Jane continues to make waves in the business space, in 2019, Lu spoke at the Success Summithosted by Tony Robbins. In December 2023, Lu featured as guest speaker at the Inspire and Succeedconference hosted by Richard Branson.
References
- Hassan, Ahmed (3 October 2019). "GO FOR IT - The incredible story of Showpo CEO Jane Lu". Medium. Retrieved 24 March 2023.
- Tran, Cindy (26 February 2023). "For years Jane got a bus to a job that didn't exist. She turned her 'shame' into a $100 million idea". Seven News. Retrieved 24 March 2023.
- Gillezeau, Natasha (12 June 2019). "'We laugh at ourselves, we accept mistakes'". The Australian Financial Review. Retrieved 24 March 2023. Jane Lu, Showpo's founder and chief executive, says that working as an accountant at EY and KPMG in her early 20s...
- Knox, David (22 March 2023). "Meet the new Shark Tank bosses". TV Tonight. Retrieved 24 March 2023.
- Sprague, Julie-Anne (18 October 2021). "Quitting EY made this ex-accountant a $47m fortune". The Australian Financial Review. Retrieved 24 March 2023.
- "Meet Jane Lu". Showpo. 2017. Retrieved 9 January 2024.
- "MEET COSMO'S 2015 ENTREPRENEUR OF THE YEAR, JANE LU!". Cosmopolitan. 19 November 2015. Archived from the original on 8 November 2016. Retrieved 24 March 2023.
- "Forbes 30 under 30". Forbes Asia. 2016. Retrieved 24 March 2023.
- "Hot 30 under 30". Smart Company. 2016. Retrieved 24 March 2023. 6. Jane Lu
- "Hot 30 under 30 2017". Smart Company. 2017. Retrieved 24 March 2023. 7. Jane Lu
- "Most viewed fashion professionals on LinkedIn Australia for 2017". LinkedIn Power Profiles. 2018. Retrieved 24 March 2023.
- Coates, Pip (20 October 2017). "Showpo's Jane Lu debuts on Young Rich List after leaving accountancy for fashion". The Australian Financial Review. Retrieved 24 March 2023.
- Turner-Cohen, Alex (21 February 2023). "Sydney Showpo warehouse sale slammed online, CEO Jane Lu apologises". news.com.au. Retrieved 24 March 2023.
- Gray, Geordie (22 March 2023). "The Australian millionaires fronting Shark Tank". The Australian. Retrieved 24 March 2023.
Shark Tank | |
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Investors | |
Episodes | |
Notable investments | |
Notable companies that did not get an offer or declined an offer | |
- Hassan, Ahmed (3 October 2019). "GO FOR IT - The incredible story of Showpo CEO Jane Lu". Medium. Retrieved 24 March 2023.
- Tran, Cindy (26 February 2023). "For years Jane got a bus to a job that didn't exist. She turned her 'shame' into a $100 million idea". Seven News. Retrieved 24 March 2023.
- Gillezeau, Natasha (12 June 2019). "'We laugh at ourselves, we accept mistakes'". The Australian Financial Review. Retrieved 24 March 2023.
Jane Lu, Showpo's founder and chief executive, says that working as an accountant at EY and KPMG in her early 20s...
- Knox, David (22 March 2023). "Meet the new Shark Tank bosses". TV Tonight. Retrieved 24 March 2023.
- "Jane Lu (CEO)". www.showpo.com. Retrieved 2024-02-19.