Fast fashion has become a huge force in retailing, as seen by the increasing ubiquity of stores such as
H&M,
Forever 21,
Zara,
TopShop, and the like. But while those companies are clearly dominating High Streets all over the world, their chief focus is in the brick-and-mortar realm, and the web has been an afterthought at best. A Los Angeles-based startup called
DailyLook is setting its sights on being the go-to fast fashion brand based completely on the web -- the e-commerce answer to H&M. To do that, the company has raised a healthy $2.5 million seed round from a number of investors including
GRP Partners,
RRE,
SV Angel,
Novel TMT Ventures,
Matt Coffin,
Thomas Mclnerney, and
Rachel Zoe.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/7Gs9a75DbiA/
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