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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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LVMH and Marc Jacobs Launches First Online Flagship Store in China

VIPLUX, the flagship luxury channel dedicated to international luxury and premium brands on vip.com, announced the formal opening of US fashion luxury brand Marc Jacobs’ only authorized online flagship store in China. This is Marc Jacobs’ first flagship presence in China’s e-commerce world. From today, the 300 million members of vip.com will have the exclusive opportunity to buy the luxury brand’s new 2017 autumn and winter product …

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STRATACACHE Pushes Growth with Acquisition of Walkbase

STRATACACHE recently announced that it has added Walkbase to its family of complementary digital media/ad tech solution companies, expanding their industry-leading global footprint of scalable, high­ performance marketing technologies. Walkbase, based out of Finland, is a pioneer in highly advanced in­-store marketing and analytics for smartphones and was lauded by Gartner Group in 2015 as a “Cool Vendor.” Their real ­time …

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Untuckit raises $30 million to expand shirting brand across the U.S.

Untuckit, a New York-based shirting brand, has raised $30 million in venture funding. The investment came from Kleiner Perkins. “There is a renaissance happening in retail that favors brands who can directly connect with and understand their consumers,” Mood Rowghani, general partner at Kleiner Perkins, said in a statement. “Untuckit demonstrates a special synergy between online and offline that touches …

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