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Most Recent FashNews

140 More Years of Blue Jeans in the Making

Posted on May 20, 2013 in Apparel, Clothing, Fash-Style, Uncategorized

cottonOn May 20th, 1873 Levi Strauss and Jacob Davis finally received a patent to put copper rivet fasteners for buttons on their denim pants. Ever since that day the word blue jeans has been around and has never gone out of style. Even after 140 years later, the blue jean has gone from rugged to a fashion staple. Almost everyone owns a pair of blue jeans and they can be worn for any occasion. Consumers often are looking for the next new variation of blue jeans, however they enjoy the continual use of cotton in their jeans.

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Marks & Spencer Revamps their Clothing to Create a Best of British Capsule

Posted on May 20, 2013 in Accessories, Apparel, Europe, Fash-Style, Uncategorized

mark spencerMarks & Spencer has made a vow to put quality before quantity in their stores in order to revive them. They have done just that. They have released new men and women’s clothing and have added a best of british collection going back to their roots in the UK. Marks & Spencer has been a staple in the UK for years and has gotten harsh criticism when budgets need to be cut back and they go looking for cheaper alternatives rather than sticking to making things purely in the UK. That is why this new collection will be a huge hit and will greatly help people see Marks & Spencer in the same light again.

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Alteryx Gets $12M in Funding and Helps Businesses Operate More Efficiently

Posted on May 20, 2013 in Business, Consumer Behavior, Fash-Cash, Fash-Funds, Recent Funding, Uncategorized

alteryxAlteryx, Inc., the leading provider of Strategic Analytics, today announced that it has received $12 million in financing from Toba Capital (recently formed by Vinny Smith, former CEO and founder of Quest Software) and existing investor, SAP Ventures.  This financing will support accelerated growth through added sales, marketing and product investments along with international expansion.

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Yahoo Gets Set to Acquire Tumblr

Posted on May 20, 2013 in Digital, eCommerce, Fash-Cash, Fash-Funds, Industry News, M & A, Marketing, Media, Uncategorized

tumblrYahoo! Inc. and Tumblr announced today that they have reached a definitive agreement for Yahoo! to acquire Tumblr.

Per the agreement and our promise not to screw it up, Tumblr will be independently operated as a separate business. David Karp will remain CEO . The product, service and brand will continue to be defined and developed separately with the same Tumblr irreverence, wit, and commitment to empower creators.

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Muse & Co Raises $3.4M in Funding, Flash Sales Sites Still a Hot Commodity

Posted on May 17, 2013 in Accessories, Apparel, Asia, Clothing, eCommerce, Fash-Cash, Fash-Funds, Fash-Tech, Flash Sales, Recent Funding, Social Shopping, Uncategorized

museFashion-loving Japanese startup Muse & Co has raised 350 million yen, (approximately $3.4 million), in series B funding for its fledgling e-commerce business. Participants in this round were Itochu Technology Ventures, Mitsubishi UFJ Capital, and Infinity Ventures Partners (IVP); this funding comes exactly a year after a smaller first round.

Muse & Co aims itself at Japan’s savviest and most stylish shoppers – which are of course young, professional women. It’s a VIP flash sales site, something we’ve seen prove popular in the country with Luxa.jp, Monoco, Glamour Sales, and numerous others.

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Bain Capital Close to the Finishline for its Next Acquisition

Posted on May 17, 2013 in Accessories, Fash-Cash, Fash-Funds, M & A, Uncategorized

yankeeAccording to Rueters, Bain Capital LLC has emerged as the last party standing in the race for Yankee Candle Co Inc.

Final bids for Yankee Candle, currently owned by Madison Dearborn Partners LLC, are due this week and the people said on Wednesday that other buyout firms that had made first-round offers for the company, including Advent International Corp, CVC Capital Partners Ltd, Clayton, Dubilier & Rice LLC and Ares Management LLC, had lost interest.

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FashInvest Exclusive:Entrepreneur Kathy Ireland Talks About What it Takes to Build a Business

Posted on May 17, 2013 in Fash-Featured, Fash-Style, Individuals, Uncategorized

Kathy 2

When building a brand, there is so much more to than just sales and profits (although these are also important aspects). You want to build something that consumers can relate to; you want to build a lifestyle.

I recently attend The Third Annual Consumer Brand Conference hosted by Consensus Advisors, a boutique investment bank focused on the retail and consumer products industries, and The NASDAQ OMX Group, Inc., the world’s largest exchange company. There a were a number of good presentations along with two phenomenal keynote speakers, Kathy Ireland of kathy ireland Worldwide® and Kevin Plank of Under Armor.

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Scarosso Bags Series A Funding

Posted on May 17, 2013 in Accessories, Business, Fash-Cash, Fash-Funds, Fash-Style, Recent Funding, Uncategorized

scarossoScarosso, the online luxury shoe brand, announced today that it has raised Series A funding from a syndicate of leading investors led by DN Capital. DN Capital was joined in the round by IBB Venture Capital Company managed ‘Kreativwirtschaft Berlin’, Perikles Ventures and other local angel investors.

Scarosso was founded in 2010 by Moritz Offeney and Marco Reiter. The business attracted angel funding from Berlin Ventures, Martin Sinner (Idealo GmbH) and Michael Brehm (studiVZ). Scarosso uses its unique relationships with top Italian manufacturers to deliver on its brand promise: offering customers unparalleled design, materials and craftsmanship at honest prices.

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Testimonials

“It was immeasurable valuable! It propelled us into exploring the many options for what success could look like for the Uniform Project brand and access to a valuable and resourceful community.”Darcey Howard | The Uniform Project (Presenting Company)
“It was my privilege and pleasure to participate. You and David organized and orchestrated the event like the masters you are. You and David are definitely on to something with big global potential.”Jeffry Aronsson | Aronsson Group and CEOUngaro
“Focus on your product initially, not necessarily on advertising. That’s the advice Gilt Groupe founder and chief executive officer Kevin Ryan gave to entrepreneurs who were making pitches to potential investors at FashInvest’s Second Annual Capital Conference on Wednesday, held at the Fashion Institute of Technology.”WWD
“Congratulations on job well done yesterday. You established a new paradigm for the industry. Thank you for including me.”Michael Wallace | former CEO ADAM (acquired by Kellwood)
“In this economy, getting funding for a fashion startup is no cinch. So firms pitching investors at the FashInvest Capital Conference on Wednesday need to choose their words carefully. Last year, at the event’s debut, only 15 contenders were selected to hit up 60 investors. This year, 25 hopefuls, culled from 125 applications, will face the room.”Crain's New York
“The event was terrific! Interesting and promising companies and entrepreneurs, fabulous speakers, and a diverse audience. Congratulations to both of you for its success. We were happy we could be part of it and look forward to continuing to work together.”Peter Wakiyama | Pepper Hamilton
“In a setting reminiscent of a speed-dating bar scene, but with no promise of even a first date, much less a long-term relationship, more than 20 fledgling fashion companies pitched their talent, their drive and their ideas to an audience of potential investors at the Fashion Institute of Technology last week.”New York Times
“It was probably the best thing we’ve ever done since the start of our company.”Arlene Battishill
“Since FashInvest, Fits.me Virtual Fitting Room has been signing up new clients madly. At one point we had to slow down new client signups to make sure we cope with it organizationally. It’s an excellent problem to have.”Heikki Haldre | Fits.ME (Presenting Company)