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Hawkers raises $56 million for vertically integrated sunglasses brand

Hawkers, a Spain-based online sunglasses brand, has raised €50 million ($56 million at current exchange) in Series A funding. Félix Ruiz and Hugo Arévalo, the founders of social networking app, Tuenti, led the investment. Venezuelan investment firm, O’Hara, in addition to unnamed private investors, also contributed to the round. Hawkers was co-founded December 2013 by its CEO, Alex Moreno, General Manager, Paco …

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TrueFacet raises $6 million to add talent and scale globally

TrueFacet, online pre-owned luxury jewelry and watch marketplace, has raised $6 million in Series A funding. Maveron led the investment with participation from Freestyle Capital, Social Leverage, Founders’ Co-op, Trilogy and Liquid2 Ventures, a firm founded by former football player, Joe Montana. Global marketplace investors Rahul Mehta and John Lindfors also contributed to the investment. “Born and raised in a jewelry …

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How the luxury resale market is influencing the retail market

The RealReal’s luxury report shows just how influential the luxury resale market is on the retail market. The online luxury consignment site recently released its 2016 mid-year luxury resale report and revealed a great deal about the state of the luxury consignment market. The data was gathered from over 4 million RealReal shoppers and 2 million of their purchases. The …

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Brillen.de raises $50 million for online eyewear shop

SuperVista AG, parent company of Germany-based online eyewear retailer, Brillen.de, has raised €45 million ($50 million at current exchange rates) in venture funding. The investment came from Technology Crossover Ventures. Also as part of the funding, John Doran, principal at TCV, and Simon Breakwell, venture partner at TCV, have joined Brillen.de’s board. “Brillen.de has a unique, vertically integrated omnichannel model, …

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