140 More Years of Blue Jeans in the Making
On 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.
Muse & Co Raises $3.4M in Funding, Flash Sales Sites Still a Hot Commodity
Fashion-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.
Luvocracy Collects $11M in Funding
Today consumers have a great advantage to shopping, receiving recommendations. This concept is great for the indecisive person and those who value the opinion of others. Thanks to social media, this has become a major factor before making a purchase.
Introducing Businesswear Brand, Gurjot New York
Many women in the business world get so caught up in the hustle of their busy work schedule, that sometimes they forget to stop and take a second look at their attire. Not only do women not realize the fit of their suit isn’t right, but sitting in them at the office for so long can get hot and uncomfortable. After recognizing the lack of high-quality, relevant businesswear available in the market, Gurjot Sidhu developed luxury collections that convey power, style and comfort to every successful businesswoman.
Zoolook Gives Fashionistas a Special Look Inside Its Closet
There are so many different kinds of social sharing apps for smart phones such as Instagram, Pintrest, Vine, and our previously featured fashion app, Viss. Now, according to TechInAsia, Japan introduces their first smartphone app for the fashion photo sharing community, Zoolook.
Privalia Gets an Investment of 25 million Euros
Privalia, a private sales club headquartered in Spain, has closed a new round of investment of 25 million euro ($32 million). Investors of this round included Belgian-based fund Sofina, La Caixa Capital Risc, Nauta Capital, Highland Capital Partners, General Atlantic, Insight Venture Partners, Index Ventures, the founders of dress-for-less Mirco Schultis and Holger Hengstler, and José Manuel Villanueva and Lucas Carné, the two co-founders of Privalia. Belgian Sofina will become the new shareholder of Privalia.
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FashInvest News:FashInvest Teams with LIM College
Creating an Exclusive Blog and Business Internship As many of you may know, FashInvest is the only organization of its kind. It was created to establish a community of key participants whose goal is to foster the development of the emerging growth companies within the Fashion, Fashion Tech, Retail, and Branded Goods consumer sectors. We have established one of the most respected business platforms committed to company growth and formation within these markets.
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HEADS UP: MALLS COULD DIE SOONER THAN ANYBODY THINKS.
Department stores and specialty chains are in for a shock. Why no one sees it coming, and what retailers can do to survive. It’s no secret that malls are in danger.
