Fashion ecommerce startup Suitcase acquired by FNG

Belgian online fashion store Suitcase has been acquired by fashion house FNG. No terms for the deal were disclosed. FNG had previously focused on women’s and children’s clothing while Suitcase specialises in menswear with a “curated shopping model” that the company intends to build on. FNG said the acquisition was a strategic step in a […]

Israeli online bra shop Brayola raises $5 million

Israeli ecommerce site Brayola, an online bra store, has raised $5 million. The investment was led by the Firstime fund, which contributed $4 million. Also participating in the round were Gett founders Shahar Waiser and Roi More, and Kidbox founder Haim Dabah. Ilan Shiloah, a manager of the Firstime fund, will become the new chairman of the board.

Fashion ecommerce sites MODOMOTO and The Cloakroom raise €6 million

German men’s online fashion ecommerce company Curated Shopping Group, which operates MODOMOTO and The Cloakroom, has raised its first round of funding of €6 million from Auden AG. The company, which has eschewed funding up until this point, has 250 employees and 400,000 customers it said, boosted by the acquisition of Dutch competitor The Cloakroom […]

Fashion marketplace Vestiaire Collective raises €58 million for its international push

Fashion ecommerce company Vestiaire Collective has raised €58 million in a funding round led by Vitruvian Partners with participation from existing investors Eurazeo and Idinvest Partners. This significantly large funding round brings Vestiaire’s total funding to €110 million. The French company intends to create 120 new jobs and build a new logistics centre in France […]