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Brands to watch 2022!!! Meet Ladaire! The Designer Brand for The Modern Woman

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Meet Lilit Madanyan, founder and CEO of the California-bred luxury brand, Ladaire. A few years ago, after life appeared to turn upside down for the company owner leaving her jobless and defeated, she took the reigns and decided to create the next industry-changing wardrobe for the modern woman.

Madanyan had earned her years’ worth of extensive experience in fashion as a fabric specialist for several high-end brands such as BCBG and Juicy Couture. Eventually, she ended up working for a smaller luxury brand that allowed her to expand her horizons and get her feet wet in product development. But after the company suffered grave losses and closed its doors, the now-CEO was left in the dark.

After a few words of encouragement from her husband, Madanyan decided she would try her hand at creating a fresh approach to the classy woman’s closet. She dedicated herself to doing what she never in a million years believed she would do; she created her own line. And in 2017, Ladaire opened its virtual doors. Early on, she decided that the brand would offer sophisticated styles designed with exceptional quality, but that her customers would not be paying an arm and a leg for them. “It was really important to me to keep the brand price conscious,” the founder said. “We wanted to offer women a way to one-up their wardrobes without completely emptying their bank accounts. And we really pride ourselves on providing high quality products while keeping affordable price tags.” Initially, the brand was notorious for their silk dresses, eveningwear, and powersuits. But as of late, the collections have been expanding into providing an entire essentials closet, including loungewear and intimates.

Needless to say, the company owner says the brand has been seeing “tremendous growth”. Customers have adored the pieces and their high-quality fabrics, but more importantly, they’ve stood by the brand while it has released new pieces unlike those from their typical collections. Thanks to their loyalty to the brand, the company was able to open its first Brick and Mortar location in The Americana at Brand shopping mall located in Glendale, California. The direct-to-consumer brand has slowly been expanding nationwide, while also designing entirely new and innovative pieces for the seasons to come.

But it wasn’t always the up-and-up for Ladaire. Madanyan tells us that creating and managing the brand has been a roller coaster since day one, but that she’s learned several essential lessons along the way that has led her to reach pivotal success. “When we had just started creating pieces for the collections a few years back, we were still doing our wear tests on fit models,” she explained. “The fit process is extensive– there’s a wear test, there’s the judging of the functionality of the garment, and there’s also making sure that the pieces fit on a body to the company’s standards. But for some reason, although the pieces looked great on the models, they weren’t fitting the customers as great as I would’ve liked them to. So, I started implementing self-fitting in order to expand our sizes to fit more proportionately to the average body. So far, it’s been the most effective change we’ve ever made.”

Since customer feedback has become crucial for Madanyan and the future of her brand, she likes to visit the store twice a week to get to know her customers and their desires. The more hands-on she’s become, the more she’s been able to provide her customer base with what they’re missing in their closet. So far, it’s been a successful business tactic.

And when she’s not busy running a fashion company, the CEO is usually taking care of her household and her three children. When we ask her how she keeps up with the chaos, she replies: “there’s no other way to get through than to keep going.”

So, what’s next for Ladaire? Well, according to the lady boss, a lot is currently in the works. For one, the CEO plans to invade Beverley Hills by opening another storefront. There is likely to be a few more free-standing Ladaire stores coming nationwide in the next few years. And, of course, more collections are coming. The CEO hinted at potentially expanding the brand into mens’ and children’s wear, but that won’t be for another few years. In the meantime, the lux line will be introducing two new categories: sweaters and shoes. We promised not to give too many details away, but rumor has it that the pieces will be created using the finest essentials imported straight from Italy. So, you definitely won’t want to miss out.

To shop some of the classic pieces from Ladaire, and to stay up-to-date on their upcoming collections, visit https://www.ladaire.com/ or follow the brand at @ladaireofficial on Instagram.

Michelle has been a part of the journey ever since Bigtime Daily started. As a strong learner and passionate writer, she contributes her editing skills for the news agency. She also jots down intellectual pieces from categories such as science and health.

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Lifestyle

Derik Fay: The Quiet Architect of Impact-First Entrepreneurship

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In an era where noise often overshadows results, Derik Fay is quietly shaping a different kind of legacy — one built not on showmanship, but on undeniable substance. For more than two decades, Fay has engineered the rise of over 30 companies across industries as diverse as real estate, technology, healthcare, and entertainment. Yet his name rarely leads headlines — not because he hasn’t earned it, but because he never needed it to validate his success.

Growing up in Rhode Island, Fay learned early that the world rarely hands out opportunity; it must be seized, created, and multiplied. While many of his peers pursued traditional paths, he took a risk that would define the rest of his life: at just 22, he founded 3F Management, a venture firm with an entirely different mission — to build companies that would outlast trends, outperform markets, and, most importantly, out-impact their competition.

Instead of obsessing over short-term wins, Fay approached entrepreneurship like a craftsman. Much like Henry Ford, who famously said, “A business that makes nothing but money is a poor business,” Fay built companies that weren’t just profitable — they were purposeful. Every venture was designed to create real, sustainable value, both for shareholders and for the communities they served.

Through his relentless focus on structure and leadership, Fay’s ecosystem of businesses now touches thousands of lives daily — from employees finding new opportunities to entrepreneurs gaining the mentorship they never had before. But unlike typical moguls who boast about headcounts, Fay views every job created as a ripple in a larger mission: empowering individuals to write better futures for themselves.

Where others have scaled fast and crashed harder, Fay’s model thrives on foundations few are patient enough to build anymore. His method is slower, smarter, and almost surgical: find what others overlook, fix what others fear, and grow what others abandoned too early. It’s this principle that led him to not just build companies — but to resurrect them, reimagine them, and sometimes even walk away if the mission no longer aligned with the impact he envisioned.

Fay’s philosophy extends far beyond boardrooms. Philanthropy isn’t a checkbox at the end of his success story — it’s embedded into the way he scales. His ventures are built with giving back written into their DNA, from local community initiatives to broader mentorship platforms that help emerging entrepreneurs get their first real shot at success. His life’s work is proof that wealth and generosity are not mutually exclusive — they are, in fact, essential partners.

Today, while newer generations of entrepreneurs hustle for likes and magazine covers, Fay’s name is whispered in rooms where real power moves. His reputation — built quietly but relentlessly — is that of a man who delivers, builds, and elevates without the need for public validation.

In a business world increasingly built on spectacle, Derik Fay reminds us that the most lasting legacies are forged not in the glare of the spotlight, but in the thousands of lives changed quietly along the way.

For more insights into Derik Fay’s ventures and philanthropic efforts, visit www.derikfay.com and follow him on Instagram @derikfay

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