Lyst, the fashion marketplace on Valued at $ 700m, Sells to Japan’s Zozo for $ 154m

German Startup Wins Acclade for Its Fusion Reactor Design

Fashion goes in and out of style, and so, it turns out, do fashion startups. Lyst -The High-Ed Fashion Marketplace with 160 Million Users that was on Valued at $ 700 Million-Has Been Accquired for Just $ 154 Million in an all-cash. The buyer is ZozoA Japan-Based Fashion and E-Commerce Business. Zozo Owns a number … Read more

Caastle Board Confirms Financial Distress, Furlucking Employees

Fashion Startup Caastle appears to be in Trouble

Caastle, A Startup that launched in 2011 as a plus-sized clothing subscription service and Later became an inventory monetization platform for clothing retailersIs Facing Financial Difability, The Company Confirmed to Techcrunch Folling a report by axios, Citing a letter from the Board, Axios Reported that the company is almost out of money, Ceo Christine Hunsicker … Read more

Fashion Startup Caastle appears to be in Trouble

Fashion Startup Caastle appears to be in Trouble

Caastle, A Startup that launched in 2011 as a plus-sized clothing subscription service and in 2018 became an inventory monetization platform for clothing retailersIs Facing Financial Difability, Reports Axios. The company is almost out of money, CEO Christine Hunsicker has resigned, and law enforcement is investigated alleged Financial Misconduct, AxiOS reported, Citing a Leaked Letter … Read more