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Poshmark Bags $87.5 Million in Series D Funding, Focuses on Expanding into New Categories

Today, Poshmark, the largest social marketplace for fashion where anyone can buy, sell and share their style with others, announces $87.5 million in Series D funding led by Temasek, an investment company headquartered in Singapore, bringing the company’s total funding to nearly $160 million.  In addition to the new round of financing, Poshmark is introducing its latest product innovation, Poshmark Stylist Match, an in-app social styling …

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The RealReal Opens First Retail Consignment Space in New York City

The RealReal, a luxury consignment company, announces the opening of their first retail and consignment space located at 80 Wooster Street in SoHo, New York. The store is open from Monday through Saturday, 11 a.m. to 8 p.m., and Sunday, 12 p.m. to 6 p.m. The 6,000 sq. ft. space contains a concept store highlighting The RealReal’s knowledge and expertise …

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Woozworld Announces Partnerships with UOL BoaCompra

On November 7, 2017, Woozworld, a game geared towards fashion, has announced its partnership with UOL BoaCompra, an online payment company focused on international platforms in the digital world. Woozworld has more than 30 million users through Europe and the United States, allowing users to create their own virtual universe focused on the world of fashion.

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L2’s Digital IQ Index: Fashion 2017 Report

L2’s Digital IQ Index provides information on the digital performance of 90 fashion brands which operated in the United States. The report includes best practices and digital strategies to allow fashion brands to be educated in online luxury in order keep up with the changing, digital age of Millennial luxury fashion consumers. The Index examines both a brand’s strengths and …

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