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July 28, 2012 01:55 am GMT
We've seen an increasing number of fashion startups lately and the newest one is Hello La Mode, a New York-based startup that just launched its marketplace for luxury fashion resale last week. The company just announced that it has raised a $500,000 seed round from three undisclosed angel investors. That's not quite on the same level as some other fashion-focused companies like JustFab, which raised $76 million this week, but Hello La Mode has an interesting business model that sets it apart from other fashion startups. Until now, Hello La Mode co-founder Eric Gagnair tells us, people were hesitant to buy secondhand apparel online because of potential issues with quality and conformity. His company, however, makes sure that every item that is put up for sale goes through a "manual check by fashion experts."
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/mFMTGiGhQ6o/
Hello La Mode Launches Its Online Fashion Resale Marketplace, Raises $500k Seed Round
We've seen an increasing number of fashion startups lately and the newest one is Hello La Mode, a New York-based startup that just launched its marketplace for luxury fashion resale last week. The company just announced that it has raised a $500,000 seed round from three undisclosed angel investors. That's not quite on the same level as some other fashion-focused companies like JustFab, which raised $76 million this week, but Hello La Mode has an interesting business model that sets it apart from other fashion startups. Until now, Hello La Mode co-founder Eric Gagnair tells us, people were hesitant to buy secondhand apparel online because of potential issues with quality and conformity. His company, however, makes sure that every item that is put up for sale goes through a "manual check by fashion experts."Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/mFMTGiGhQ6o/
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