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Thursday 26 July 2012

"JUSTFAB" Raises $76 Million For online fashion brand

JustFab, an online fashion brand and personal style company, has raised $76 million in venture funding as it expands internationally.

 

The company currently has 6+ million members and adding, and expecting a revenue of $100 million
this year and has a goal of reaching $500 million by 2015.

JustFab designs and manufactures products under its own brand. It also connects members with one of its 120 personal stylists to customize an online “boutique” for each of its users. People can simply buy the products or sign up for the company’s subscription service and get better prices and perks.


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