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#
38

Vineyard Vines

Apparel and accessories
Company Details
Location: Stamford, CT
Founders: Shep Murray, 36, Ian Murray, 32
Year Started: July 1998
Initial Investment: $8K

Turned a Profit: 1998
First Million: 2001

2002 Sales: $2M
2006 Sales: $37.2M

Number of Employees:
Day 1: 2
2006: 85
2007: 120*

* Projected by 2008
Company Background
Shep and Ian Murray started Vineyard Vines on Martha's Vineyard in 1998. The brothers decided to leave their corporate jobs in New York City and pursue the American Dream. With no money and little experience, they set out to make ties that represent the finer places and things life has to offer. Now they focus on making quality products that people like to wear and offer the best customer service possible.
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