Agenda-setting intelligence, analysis and advice for the global fashion community.
"Nordstrom Buying a Website for Men's Wear" (The New York Times)
"As retailers have come up with new ways to target men, Nordstrom has been riding the wave. It plans to announce on Thursday that it has agreed to purchase Trunk Club, a five-year old website that sells about 100 brands of men's apparel, for an undisclosed amount."
"Amazon $2 Billion Investment Sparks India E-Commerce War" (The Financial Times)
"Amazon is investing an extra $2bn in its India operations as the US online retailer takes advantage of the country's fast-growing internet shopping market."
"Could Yoox Be a Takeover Target for Amazon?" (Bloomberg)
"The $1.6 billion company, which operates e-commerce sites for designer brands including Armani and Moncler, is poised to boost sales by about 75 percent over the next three years, according to data compiled by Bloomberg. Affluent consumers from Seattle to Shanghai have more to spend on luxury goods and are increasingly going online to do it, according to Retail Metrics Inc. That may grab the attention of Amazon.com Inc., said CRT Capital Group LLC."
"With $10 Million, BaubleBar Continues its Foray Into Brick-and-Mortar Retail" (Fortune)
"On Tuesday, BaubleBar announced that it raised an additional $10 million in venture capital to continue fueling its growth. Led by Burch Creative Capital, the Series B round included existing investors Accel and Greylock Partners as well as TriplePoint Capital, Comcast Ventures, and Aspect Capital, and brings the young company's total investment to almost $16 million."
"ThredUp Flush With $23 Million" (TechCrunch)
"On the heels of online consignment rival Threadflip's Series B, thredUP just filed a $23 million Series D with the U.S. Securities and Exchange Commission."
