Technology Becomes Fashion: The Telekom Fashion Fusion Challenge is looking for the next innovation in fashion tech

Editor’s note: This is a sponsored article, which means it’s independently written by our team but financially supported by another organisation, in this case, Telekom Fashion Fusion Challenge. If you would like to learn more about sponsored posts, read this and contact us if you’re interested in partnering with us. The Telekom Fashion Fusion Challenge […]

Fashion ecommerce app 21Buttons raises $10 million Series A round

21Buttons, a fashion ecommerce app based in Barcelona, has raised $10 million in a Series A round led by Kibo Ventures and JME VC with participation from Breega Capital, 360 Capital Partners, Samaipata Ventures, Banc Sabadell Venture Capital, Sputnik, and Mediaset. Having previously launched in Spain and Italy, the fashion social-commerce app arrived in the […]

Online fashion retailer Lesara raises €30 million in Series C funding

German online fashion retailer Lesara has closed a €30 million Series C round from existing and new investors including Northzone, Mangrove Capital, Vorwerk Ventures, Armat Group, and Marshfield Associates. The fashion ecommerce site was founded in 2013 by Roman Kirsch, Matthias Wilrich and Robin Müller and has now raised a total of €55 million. The […]

Fashion magnate Anders Holch Povlsen invests in Sweden’s Klarna

Brightfolk, the fashion firm owned by Danish entrepreneur Anders Holch Povlsen has invested in Swedish ecommerce company Klarna. Povlsen is also the owner of Bestseller, whose brands include Jack & Jones and Vero Moda, and is an investor in ASOS and Zalando. The terms of his investment in Klarna were not disclosed but Reuters reports […]

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 […]