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Fashion/Clothing

Nuji

UK social shopping startup Nuji nabs $2M in seed funding to build mobile app

London, UK-based social shopping startup Nuji nabbed $2 million in a seed funding round from TAG, Seedcamp, Samos, and other angel investors to launch an iOS app this April.

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BlueStone.com

Indian jewelry e-tailer BlueStone bags $10M in Series B round

Bangalore, India-based online jewelry retailer BlueStone bagged $10 million in its Series B funding round led by venture capital firm Kalaari Capital to beef up its marketing and branding campaigns.

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HereO

UK startup HereO creates GPS watch to monitor kids

London, UK-based wearable tech startup HereO created a GPS watch with a kid-friendly and durable design that can help parents monitor their kids' location through the company's website or mobile app.

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Calvin Klein

Indian fabric firm Arvind closes acquisition of 49pct stake in Calvin Klein India for INR100 crore

India-based fabric and clothing firm Arvind closed the acquisition of a 40% stake in Calvin Klein India from the Murjani Group and Matrix Partners in a deal valued at INR100 crore, according to sources familiar with the deal.

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Memebox

South Korean beauty box Memebox bags $1.5M in funding for US expansion

Palo Alto, US-based beauty box retailer Memebox, which was imported from South Korea, bagged $1.5 million in venture funding to establish its presence in the US.

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CladLight

Kenyan startup CladLight creates Smart Jacket to reduce motorbike accidents

Kenya-based wearable tech startup CladLight created the Smart Jacket, a wearable jacket with modified reflector and transmitter, to make motorbike driving more stable and help reduce the number of accidents in the country.

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Mela Artisans

Aavishkaar invests INR18.6 crore in US-based luxury brand Mela Artisans

Mumbai, India-based social venture capital firm Aavishkaar Venture Management invested INR18.6 crore in US-based luxury lifestyle brand Mela Artisans for the latter's domestic and international product expansion.

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Gap Inc

Gap Inc plans to strengthen online campaigns to build brand in China

As they open their first Old Navy store in China, Gap Inc will be increasing its efforts to promote their brand online so it can capitalize on the country's fast-growing e-commerce sector, Reuters reported.

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Fast Retailing

Private equity-owned J. Crew Group Inc reportedly in talks with Fast Retailing Co for possible sale

J.Crew Group Inc is said to be in early stage talks with Fast Retailing Co and E. Land Group for a possible sale, according to sources.

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Little Borrowed Dresses

Little Borrowed Dress secures $1.25M in seed funding round

Little Borrowed Dress, a startup that rents out bridesmaid dresses online, has raised $1.25 million for its seed financing round participated in by a number of investors, TechCrunch reported.

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Threadless

Chicago's Threadless launches iOS app for e-commerce shop

Chicago, US-based artist community and e-commerce site Threadless launched an iOS app for its online T-shirt and hoodie business after existing exclusively on the web for a long time.

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ASK Pravi Capital Advisors Pvt Ltd

ASK Pravi picks up $8M stake in Indian Clothing League

Mumbai, India-based private equity fund manager ASK Pravi Equity Opportunities Fund picked up a minority stake in Chandigarh-based children's clothing firm Indian Clothing League Pvt Ltd for INR50 crore ($8.08 million).

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Black Tux

The Black Tux secures $2.6M in first funding round

Lerer Ventures led the first institutional funding round for tuxedo rental business The Black Tux which raised $2.6 million to offer clients cheaper yet higher quality suit and tie, TechCrunch reported.

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