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Fresha raises $100M for its beauty and wellness booking platform and marketplace

Beauty and wellness businesses have come roaring back to life with the decline of Covid-19 restrictions, and a startup that’s built a platform that caters to the many needs of small enterprises in the industry today is announcing a big round of funding to grow with them. Fresha — a multipurpose commerce tool for independent wellness and beauty businesses such as hair, nail and skin salons, yoga instructors and more, based first and foremost around a completely free platform for those businesses ...
Tags: Health, Wellness, TC, Ecommerce, Europe, London, Marketplace, Funding, Tech, Paypal, Atlantic, Beauty, Alibaba, Square, General Atlantic, Lightspeed Pos


Little Black Door launches app on iOS/Android allowing women to share wardrobes, online and off

Our relationship with fashion has changed, not just because of the pandemic. Months in lockdown means people are probably more aware of their fashion purchases and how they consume, given its been such a long time without socialising. But the oft-talked about ‘Clueless wardrobe’ which would allow women to both see into their collections, as well as share and potentially borrow from friends, has yet to go mainstream. Now a UK startup aims to change this. The Little Black door app, previously in c...
Tags: Apple, Android, TC, Europe, Fashion, UK, Pinterest, Instagram, Articles, Tech, E-commerce, Artificial Intelligence, Culture, United Kingdom, Modeling, Wardrobe


Etsy asks, ‘how do you do, fellow kids?’ with $1.6B Depop purchase

The news this morning that e-commerce marketplace Etsy will buy Depop, a startup that provides a second-hand e-commerce marketplace, for more than $1.6 billion may not have made a large impact on the acquiring company’s share price thus far, but it provides a fascinating look into what brands may be willing to pay for access to the Gen Z market. First, a few details: Per Etsy, the Depop deal is worth “$1.625 billion consisting primarily of cash, subject to certain adjustments for Depop’s working...
Tags: Fundings & Exits, Startups, TC, Fashion, Etsy, Tech, Poshmark, Thredup, Depop, EC Ecommerce and D2C, Etsy the Depop


Walmart acquires virtual clothing try-on startup Zeekit

Retail giant Walmart announced this morning it’s acquiring the Tel Aviv-based startup Zeekit, which allows consumers to virtually “try on” clothing when shopping online. The company leverages a combination of real-time image processing, computer vision, deep learning and other A.I. technology to show shoppers how they would look in an item by way of a simulation that takes into account body dimensions, fit, size, and even the fabric of the garment itself. Deal terms were not disclosed. According...
Tags: Amazon, Fundings & Exits, Startups, TC, Ecommerce, Fashion, Shopping, Sofia Vergara, Time, Tel Aviv, Tech, Nike, Walmart, Artificial Intelligence, Online Shopping, M&a


Ushopal looks to charm China’s beauty lovers with niche Western brands

What will China’s answer to Estée Lauder look like in the digital age? According to Ushopal, it will provide a seamless online and offline shopping experience, where China’s savvy beauty shoppers get to discover niche, tasteful brands and learn their stories. Ushopal was founded in 2017 by J&J veteran Lu Guo as an “omni-channel” partner for luxury beauty brands at a time when online and offline consumption were increasingly merging in China. Unlike traditional import distributors, which simply p...
Tags: TC, Ecommerce, Asia, China, Brand, Tech, Ceo, United States, Beauty, Paris, Shanghai, Alibaba, Estee Lauder, Neiman Marcus, Lau, Le Bon Marche


YC-backed Queenly launches a marketplace for formalwear

Queenly, a marketplace for formalwear, launched into a world where its core product of dresses and gowns had a massive competitor, bigger and more elusive than Poshmark: quarantine. The coronavirus pandemic has caused the fancy in-person events that one might attend, such as award shows, pageants, proms and weddings to be canceled to limit spread. But despite the fact that you might be rocking sweats over slacks, Queenly co-founders Trisha Bantigue and Kathy Zhou say that they had half a million...
Tags: Startups, TC, Nordstrom, Fashion, Tech, Walmart, Marketplaces, Cto, Yc, Mike Smith, Bay Area, Macy, Zhou, SamsClub, Thuan Pham, Kelly Thompson


Finesse raises $4.5M to predict fashion trends with AI

Finesse, a startup promising to take the guesswork and waste out of fashion, is announcing that it has raised $4.5 million in seed and pre-seed funding. Founder and CEO Ramin Ahmari said the tremendous waste in the fashion industry has become a badly-kept secret, with Burberry recently facing a backlash over its practice of burning unwanted products, and the industry as a whole producing an estimated 13 million tons of textile waste each year. Finesse is looking to change that, Ahmari said, in p...
Tags: TC, Twitter, Fashion, Instagram, Tech, Artificial Intelligence, Burberry, Kylie Jenner, Alex Roetter, Kylie, Amazon Fashion, Marlon Nichols, Sam Teller, MaC Venture Capital, Ramin Ahmari, Ahmari


Sneaker enthusiast group SoleSavy raises $2M, setting the stage for a community-driven commerce boom

SoleSavy, a community built around buying hot sneakers and related items that are increasingly hard to acquire at retail, raised $2M in a round that closed late last year. SoleSavy is a group of communities that is currently mostly hosted on Slack.  SoleSavy’s co-founders Dejan Pralica and Justin Dusanj founded the company in 2018 as a paid community for collectors and enthusiasts seeking pairs that were getting snapped up by bots or resellers. Pralica previously co-founded Kicks Deals, a s...
Tags: TC, Fashion, Shoes, US, Tech, Nike, Culture, Canada, United States, Jordan, Gpu, Jason, Goat, Footwear, Sneakers, Slack


Perfect Corp., developer of virtual beauty app YouCam Makeup, closes $50 million Series C led by Goldman Sachs

Spending on cosmetics has usually weathered economic crises, but that changed during the COVID-19 pandemic, with stay-at-home orders and masks tempering people’s desire to wear makeup. This forced retailers to accelerate their online strategies, finding new ways to capture shoppers’ attention without in-store samples. Virtual beauty try-on technology, like the ones developed by Perfect Corp., will play an important role in this shift to digital. The company announced today it has raised a Series...
Tags: Google, Fundings & Exits, Startups, TC, Apps, Asia, China, E-commerce, Taiwan, Beauty, Goldman Sachs, Estee Lauder, Mckinsey, Chang, NPD Group, Chen


Psykhe secures Seed funding to match consumer personalities to fashion products

In an overcrowded market of online fashion brands, consumers are spoilt for choice on what site to visit. They are generally forced to visit each brand one by one, manually filtering down to what they like. Most of the experience is not that great, and past purchase history and cookies aren’t much to go on to tailor user experience. If someone has bought an army-green military jacket, the e-commerce site is on a hiding to nothing if all it suggests is more army-green military jackets… Instead, P...
Tags: Amazon, TC, Asia, Europe, Business, Fashion, UK, Milan, US, Toronto, Tech, E-commerce, Ceo, Companies, Artificial Intelligence, United States


eBay takes a bite at StockX and GOAT with sneaker authentication for sales $100+ in the U.S.

eBay is announcing today that it’s going to start authenticating sneaker sales over $100 in the U.S. This is a clear bite into the dominance of StockX and GOAT in the limited sneaker universe. The authentication will be done by Sneaker Con, the company that runs, well, Sneaker Con. Founded by Yu-Ming Wu and Hayden Sharitt, Sneaker Con was infused with cash by Visionary Private Equity Group in 2018. They provide a well known and influential backer in the sneakerhead community that should provi...
Tags: TC, Fashion, Ebay, Tech, Authentication, Culture, United States, Nfc, Consumer Goods, Collecting, Sneaker, StockX, Yu Ming Wu, Hayden Sharitt, Visionary Private Equity Group


EBay takes a bite at StockX and GOAT with sneaker authentication for sales $100+ in the US

EBay is announcing today that it’s going to start authenticating sneaker sales over $100 in the U.S. This is a clear bite into the dominance of StockX and GOAT in the limited sneaker universe. The authentication will be done by Sneaker Con, the company that runs, well, Sneaker Con. Founded by Yu-Ming Wu and Hayden Sharitt, Sneaker Con was infused with cash by Visionary Private Equity Group in 2018. They provide a well known and influential backer in the sneakerhead community that should provide ...
Tags: TC, Ecommerce, Wearables, Fashion, Ebay, US, Tech, Authentication, Culture, United States, Nfc, Consumer Goods, Collecting, Sneaker, StockX, Yu Ming Wu


The Little Black Door app makes luxury wardrobes shareable, resalable, and sustainable

When Lexi Willetts and Marina Pengilly realized they could make as much as £30,000 a year reselling their luxury clothes and accessories online, they resolved to create a solution for modern women who are already well-versed in the behaviors of Instagram and the sharing economy. Their solution, Little Black Door, has just gone live on the iOS store, and allows women to see, style and share their wardrobes with friends and followers. It also connects them to resale platforms, unlocking a vastly m...
Tags: TC, Europe, Fashion, Instagram, Tech, Artificial Intelligence, Furniture, Online Sales, Wardrobe, Natural Language Processing, Willetts, Little Black Door, Lexi Willetts, Marina Pengilly, Real Real Depop, Runway Hurr


Bolt Threads partners with Adidas, owners of Balenciaga and Gucci, and Stella McCartney on mushroom leather

has brought together some new and existing partners including Stella McCartney, Kering (the fashion house behind brands like Balenciaga, Gucci, Alexander McQueen and Bottega Veneta), Lululemon and Adidas to create a consortium that will explore the company’s use of mushroom-based leather substitute in products, the company said. These companies will be among the first to bring products made with mushroom-based leather substitute to market in 2021, the company said. “I have always been convin...
Tags: TC, Hong Kong, Fashion, Leather, Oil, Brands, Tech, Adidas, Companies, Culture, Portland, Stella Mccartney, Gucci, Bolt Threads, Modern Meadow, Luxury Brands


YC startup SockSoho is using data science in a bid to become the “Uniqlo of India”

SockSoho co-founder Pritika Mehta with some of the company’s socks SockSoho is a direct-to-consumer brand that aspires to become the “Uniqlo of India.” The company launched sales ten months ago, starting with men’s socks, and recently completed Y Combinator’s Summer 2020 program. Founded by Pritika Mehta, a data scientist who has worked at companies including TripAdvisor, and growth marketer Simarpreet Singh, SockSoho now has more than 30,000 customers, and plans to launch into new menswear v...
Tags: Startups, TC, Ecommerce, Y Combinator, Asia, Fashion, India, Tech, United States, Tripadvisor, Bangalore, Eric Migicovsky, Singh, Mehta, University of Buffalo, Delhi Mumbai


YC alum SockSoho is using data science in a bid to become the “Uniqlo of India”

SockSoho co-founder Pritika Mehta with some of the company’s socks SockSoho is a direct-to-consumer brand that aspires to become the “Uniqlo of India.” The company launched sales ten months ago, starting with men’s socks, and recently completed Y Combinator’s Summer 2020 program. Founded by Pritika Mehta, a data scientist who has worked at companies including TripAdvisor, and growth marketer Simarpreet Singh, SockSoho now has more than 30,000 customers, and plans to launch into new menswear v...
Tags: Startups, TC, Ecommerce, Y Combinator, Asia, Fashion, India, United States, Tripadvisor, Bangalore, Eric Migicovsky, Singh, Mehta, University of Buffalo, Delhi Mumbai, Direct To Consumer


Fashion brand SockSoho is using data science in a bid to become the “Uniqlo of India”

SockSoho co-founder Pritika Mehta with some of the company’s socks SockSoho is a direct-to-consumer brand that aspires to become the “Uniqlo of India.” The company launched sales ten months ago, starting with men’s socks, and recently completed Y Combinator’s Summer 2020 program. Founded by Pritika Mehta, a data scientist who has worked at companies including TripAdvisor, and growth marketer Simarpreet Singh, SockSoho now has more than 30,000 customers, and plans to launch into new menswear v...
Tags: Startups, TC, Ecommerce, Y Combinator, Asia, Fashion, India, Tech, United States, Tripadvisor, Bangalore, Eric Migicovsky, Singh, Mehta, University of Buffalo, Delhi Mumbai


What does accountability look like in 2020?

Rae Witte Contributor Share on Twitter Rae Witte is a New York-based freelance journalist covering music, style, sneakers, art and dating, and how they intersect with tech. You can find her writing on i-D, The Wall Street Journal, Esquire and Forbes, among others. More posts by this contributor Demand for fertility services persists despite COVID-19 shutdowns During a pandemic, some companies struggle to pro...
Tags: Startups, TC, Column, Fashion, New York, Media, Instagram, Entertainment, Social Media, Future Of Work, Tech, Diversity, Adidas, Kanye West, West, Racism


As fashion has its metaverse moment, one app looks to bridge real and virtual worlds for sneakerheads

Fashion is having its moment in the metaverse. A riot of luxury labels, music, and games are vying for attention in the virtual world. And as physical events and the entertainment industry that depends on them shuts down, virtual things have come to epitomize the popular culture of the pandemic. It’s creating an environment where imagination and technical ability, not wealth, are the only barriers to accumulating the status symbols that only money and fame could buy. Whether it’s famous design...
Tags: TC, Fashion, La, Germany, Clothing, Los Angeles, Entrepreneur, Tech, Nike, Adidas, Designer, Kanye West, Culture, Justin Bieber, Nintendo, Air Force


Rebecca Minkoff has some advice for e-commerce companies right now

When Rebecca Minkoff first moved to New York City, the then-18-year-old was making $4.75 an hour. “I just kept working for this designer and someone was telling me what to do every day. I just didn’t like that. And I thought if I’m going to work as hard, it’s going to be for myself and I want to call my own shots,” she said. “I didn’t want to be told what to do, frankly.” Self-employment for Minkoff turned out just fine; in 2001, she redesigned the iconic “I Love New York” shirt and it appear...
Tags: Startups, TC, Ecommerce, Fashion, New York, Instagram, New York City, Tech, E-commerce, Designer, Fundraising, Retail, Apparel, Rebecca Minkoff, Growth, Minkoff


Glisten uses computer vision to break down fashion photos to their styles and parts

It’s amazing that in this day and age, the best way to search for new clothes is to click a few check boxes and then scroll through endless pictures. Why can’t you search for “green patterned scoop neck dress” and see one? Glisten is a new startup enabling just that by using computer vision to understand and list the most important aspects of the clothing in any photo. Now, you may think this already exists. In a way, it does — but not a way that’s helpful. Co-founder Alice Deng encountered this...
Tags: Startups, TC, Y Combinator, Fashion, Wtf, Tech, Mit, Artificial Intelligence, Retail, Machine Learning, Computer Vision, Deng, Alice Deng, Glisten, Sarah Wooder


Glisten uses computer vision to break down product photos to their most important parts

It’s amazing that in this day and age, the best way to search for new clothes is to click a few check boxes and then scroll through endless pictures. Why can’t you search for “green patterned scoop neck dress” and see one? Glisten is a new startup enabling just that by using computer vision to understand and list the most important aspects of the products in any photo. Now, you may think this already exists. In a way, it does — but not a way that’s helpful. Co-founder Sarah Wooders encountered t...
Tags: Startups, TC, Y Combinator, Fashion, Wtf, Tech, Mit, Artificial Intelligence, Retail, Machine Learning, Computer Vision, Alice Deng, Glisten, Sarah Wooders, Wooders


Tinder founder funds sex tips app Lover

Want to spice up the bedroom without paying for pills or awkward visits to a sex therapist? A new app called Lover lets you take a sexual personality quiz, explore carnal knowledge tutorials, and discretely figure out which turn-ons you share with your partner. Built by board certified sexual medicine clinical psychologist Dr. Britney Blair, Lover launches today on iOS with $5 million in seed funding from Tinder founder Sean Rad and other investors. “It is strange that there are such taboos aro...
Tags: Health, Startups, TC, Mobile, Ecommerce, Apps, Europe, UK, Education, Tinder, Sean Rad, Sex, Stanford, Tech, Sex Education, Sexual health


Moda Operandi, an online marketplace for high-end fashion, raises $100M led by NEA and Apax

Moda Operandi, an online marketplace that specialises in right-off-the-runway luxury fashion, accessories and home decor, is today announcing a high-priced event of its own: it’s raised $100 million, a mix of equity and debt that it will use to invest in its platform and technology as well as to continue growing business overall, which was founded in 2010 and today offers products from some 1,000 brands and designers and ships to 125 countries. “For the past eight years, Moda has disrupted the w...
Tags: Startups, TC, Ecommerce, Fashion, Instagram, Tech, Vogue, Nea, Moda, Santo Domingo, Apax, Porter, Ganesh, Dan O Keefe, Apax Partners, Luxury Goods


Billionaire clothing dynasty heiress launches Everybody & Everyone to make fashion sustainable

Veronica Chou’s family has made its fortune at the forefront of the fast fashion business through investments in companies like Michael Kors and Tommy Hilfiger . But now, the heiress to an estimated $2.1 billion fortune is launching her own company, Everybody & Everyone, to prove that the fashion industry can be both environmentally sustainable and profitable. There’s no argument about the negative impacts of the fashion industry on the environment. The textiles industry primarily uses non-...
Tags: TC, Hong Kong, Fashion, China, Clothing, Oil, Digital, Articles, America, Tech, Sustainability, Culture, Beijing, Environmentalism, Manufacturing, Carbon Footprint


Confirmed: Nike has picked up Russell Wilson’s Tally/TraceMe in a rare acquisition

Nike has long been synonymous with premium sneakers and other sports gear, but now the company could be extending its brand into another area — digital media — thanks to the rumored acquisition of a Seattle-based startup. TechCrunch has learned and confirmed that the multibillion-dollar sports giant has acquired TraceMe, which originally built an app to let fans engage with sports stars and other celebrities before later pivoting into a service called Tally, a platform aimed at sports teams, bro...
Tags: Apple, Amazon, Startups, TC, Spotify, Fashion, Instagram, Sports, Tech, Nike, Adidas, E-commerce, Digital Media, M&a, Seattle Seahawks, Drake


Source: Nike has picked up Russell Wilson’s Tally/TraceMe in a rare acquisition

Nike has long been synonymous with premium sneakers and other sports gear, but now it seems that the company could be extending its brand into another area — digital media — thanks to the rumored acquisition of a Seattle-based startup. TechCrunch has learned from a source that the multibillion-dollar sports giant has acquired TraceMe, which originally built an app to let fans engage with sports stars and other celebrities before later pivoting into a service called Tally, a platform aimed at spo...
Tags: Apple, Amazon, Startups, TC, Spotify, Fashion, Instagram, Sports, Tech, Nike, Adidas, E-commerce, Digital Media, M&a, Seattle Seahawks, Drake


Netflix takes on ‘Project Runway’ with new competition series co-hosted by Queer Eye star

Netflix is launching its own take on Project Runway, and it’s bringing in Queer Eye’s Tan France to host. While Project Runway has grown to become one of the most popular fashion-focused reality shows to ever hit TV, the franchise, now on Season 17, is getting a little long in the tooth — and in need of a makeover itself. With Netflix’s new series Next in Fashion, the streamer is targeting a younger demographic with talent like Tan who will co-host along with style icon, designer and model (a...
Tags: TC, Fashion, Reality TV, New York, Instagram, Tech, Netflix, Vanderpump Rules, Streaming Service, Marie Kondo, Tan, Joanna Gaines, Adam Cooper, Eva Chen, Elizabeth Stewart, Project Runway


TV broadcaster Sinclair launches STIRR, a free streaming service with local news and sports

Local TV broadcasting company Sinclair Broadcast Group today announced the launch of a new streaming service called STIRR that aims to bring local TV news and other content to the growing number of cord cutters across the U.S. The company today owns over 190 TV stations, which it’s leveraging in order to create its own “skinny bundle.” However, unlike TV streaming services such as Sling TV, PlayStation Vue, Hulu with Live TV, or YouTube TV, for example – STIRR will be free and ad-supported in...
Tags: Amazon, TC, TV, Television, Life, Disney, Tech, Netflix, Streaming, Seattle, Hulu, Cord Cutting, Streaming Service, Sinclair, Sinclair Broadcast Group, Ware


The company behind YouCam Makeup app launches a new set of AR tools for beauty brands like Ulta

Released in 2014, the year before Snapchat put face filters on the road to ubiquity, Perfect Corp’s YouCam Makeup app gave many smartphone users their first taste of augmented selfies. At the beginning, it let users experiment with different makeup looks and portrait-editing tools. Since then, YouCam Makeup has expanded beyond selfies into e-commerce and retail with tools for over 200 beauty brands and retailers, including L’Oréal, Estée Lauder, Cosmopolitan, and Target (the big-box retailer’...
Tags: TC, Ecommerce, Makeup, Selfies, China, Tech, Ces, Beauty, Retail, Augmented Reality, Taipei, Chang, Ulta, Perfect Corp, Alice Chang, YouCam Makeup



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