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.
After announcing that its 2016 sales were up 22%, the fashion and beauty ecommerce website Showroomprivé announced that it will acquire the beauty ecommerce site Beauté Privée. The deal is expected to be completed by the end of the first quarter.
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 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 […]
Swedish fashion ecommerce startup NA-KD has raised €14 million in a funding round led by Northzone with participation from Swedish fund eEquity. The new funds will be invested in global expansion as well as inventory and improved customer service. According to NA-KD.com, it has annual net revenues of €22 million with a majority of sales […]
Lanieri, which sells custom Italian-made men’s clothing online, got started with an initial €1.5 million investment from Italian wool producer Reda in 2013. Now Reda has upped the ante by putting another €3 million into the fledgling online retailer.
Anders Holch Povlsen, the sole owner of Danish online retailer Bestseller, has invested a double-digit million-euro sum in Miinto Group, a Danish platform that hosts 20,000 brands on one online platform.