In the same week that Fab snapped up UK design site Llustre and set its sights on more European expansion, some growth news from another big online fashion commerce player: KupiVIP, the Gilt Groupe of Russia, has raised another $38 million in funding to help fuel a business that CEO and co-founder Oskar Hartmann told TechCrunch is on track to make $200 million in net sales this year, on revenues… → Read More
From a slow start in the aftermath of the Soviet Union, Russia is now Europe’s biggest internet market with 53 million users (compared to number-two Germany at 51 million), and figures from GP Bullhound and comScore indicate that it is also growing the fastest, at 14 percent (other European countries are at less than six percent it says). On top of that, a growing base of middle class consumers… → Read More
Private online shopping clubs are springing up like mushrooms all around the world in light of the successes companies like Vente Privée has been seeing, and venture capital firms are increasingly starting to invest in companies who are bringing the concept to specific niches or introducing the private online sales model to interesting geographical markets.
In the latter category falls Russian … → Read More
Private online shopping clubs are springing up like mushrooms all around the world in light of the successes companies like Vente Privée has been seeing, and venture capital firms are increasingly starting to invest in companies who are bringing the concept to specific niches or introducing the private online sales model to interesting geographical markets.
In the latter category falls Russian … → Read More
Online shopping clubs along the lines of Vente Privee (which started in France) and Brand For Friends in Germany are spreading like wildfire across Europe – and no wonder. They are business models tailor-made for the recession, offering big discounts on designer goods among almost guaranteed buyers. They hit revenue almost from the word go and the jungle drums tell me that Vente-Privee is on… → Read More
Austin, TX
Seattle, WA
San Diego, CA
Menlo Park, CA
San Francisco
San Francisco, CA
