Merle has learned that social commerce start-up The Fancy has raised another $7 million in funding from investors including hedge-fund manager Richard C Perry, who owns a controlling stake in Barneys New York, according to a source familiar with the transaction. The most recent injection of capital was disclosed in a regulatory filing last week that did not name the investors.
Perry’s son David, who works at The Fancy, recently appeared in an image on the company’s Twitter account with Justin Bieber, along with the text: “Good times with David Perry, Fancy Head of Strategy and Investor & friend.”
The Fancy’s founder Joseph Einhorn declined to comment on the specifics of the company’s fund raising activities, but confirmed that Mr Perry and his son are investors in the company.
The latest news comes only days after Richard Perry expanded his investments in the retail sector, raising his ownership stake in ailing department store chain JC Penney to 8.6 percent.
An online store where users hand-curate the product selection, The Fancy has a run rate of approximately $36 million in annual sales, according to figures supplied by the company in June of this year.
Age appropriate clothing ( which i don’t know what they look-like) can help boost women’s confidence any day. In a recent survey, MyVoucherCodes.co.uk asked 1,711 women aged 18-65 about their fashion spending habits — and learned that 53% of women interviewed felt they had lost their confidence in their personal style at the average age of 42. Oh yes. The majority described this lack of confidence as being based on an inability to find age-appropriate clothing.
Now, The British high-street is filled with fashion stores appealing to women of every age. Great personal style at any age is all about curiosity, confidence, and a whole lot of positive attitude. As long as you walk into a store with an open mind (and an open wallet), you will find something that suits you. See you in the changing room? (MyVoucherCodes)
The highly-anticipated 3.1 Phillip Lim for Target collaboration has been revealed, and it does not disappoint.
Images of all 100 pieces in the versatile line have been released on the Web, and the collection includes not only womenswear and menswear, but also purses, shoes and travel accessories. The pieces cost between $19.99 and $299.99.
The items are divided into Morning, Noon and Night wardrobes plus various satchels and totes.
Our favorite is #4.
The line hits select stores and Target.com on Sept. 15.
Today we celebrate the life of another trailblazer in fashion: Cherilyn Sarkisian, better known as Cher! This incredibly accomplished woman is known for her outrageous style, but even more importantly, she pioneered the advancement of non-white women (and women in general) in Hollywood and has excelled in every area of entertainment she touches! The only person to have a number 1 hit in 5 different decades, Cher is showing no signs of slowing down.If I Could Turn Back Time!