Sunday , 29 March 2015
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Modanisa brings in $5.5 Million for Muslim womenswear

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Looks like the market for Muslim womenswear is ripe with opportunity. Sites like FashInvest alum Citra Style, Saqinia, Hijup and Mode-sty are all in the race to push to the top and a new contender just joined the competition. Modanisa, an online fashion retailer for women’s Islamic clothing, just raised $5.5 million in venture funding. With this new round of ...

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Clique Chic Banks Seed Funding For Personalized Luxury Shopping

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Clique Chic a luxury fashion site where stylish women are paired with personal stylists to help them find clothes they love, just raised an undisclosed amount of seed funding. Investors in the seed round were also undisclosed. Jessica Matino launched Clique Chic in 2014 to help women who shop for luxury at stores like Barneys New York, Bergdorf Goodman and ...

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Say Goodbye to Saturday: Kate Spade Announces Store Closings

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If you’re a fan of Kate Spade’s lines Kate Spade Saturday and Jack Spade, hit the stores while you still can. The company announced that they’ll be closing both brand’s stores during the first half of 2015. For Kate Spade Saturday, this demise comes as a major surprise, considering it has only been on the market for a mere two ...

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Poor Store: Wet Seal Files for Chapter 11 Bankruptcy Protection

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Bad news for the teen retailing world. The Wet Seal, Inc. (Nasdaq: WTSL), a specialty retailer for teeny boppers,  announced today that it has filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”) on January 15, 2015. Wet Seal, Inc. will continue ...

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