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Fashion subscription service Le Tote ventures into China’s competitive luxury retail market

China has already been one of the fastest-growing luxury retail markets in the world for years. As their spending power increases, consumers are becoming pickier, demanding premium brands at better prices, with better service. Now Le Tote, the fashion rental service backed by Andreessen Horowitz, GV and other investors, is …

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Goxip raises $5M led by Meitu to build an influencer marketing platform for fashion in Asia

Goxip, a Hong Kong-based social shopping service, has raised $5 million to branch out into influencer marketing. The investment was led by Meitu, the $6 billion Hong Kong-listed company that develops selfie apps and selfie-optimized phones, with participation from Hong Kong conglomerate Nan Fung Group via its inaugural Mills Fabrica …

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Highsnobiety secures $8.5M from Felix Capital to woo millennial males

Highsnobiety has come a long way. What began as a sneaker passion blog in 2005 now attracts upwards of 9 million visitors monthly to its site containing news and analysis of high fashion, streetwear and culture. The site has attracted a highly influential audience of young, educated and affluent, mainly …

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Spider silk startup Bolt Threads closes on $123 million in Series D funding

Bolt Threads, the startup making spider silk from microbugs, has raised a giant $123 million Series D round of funding. As we reported in November, an SEC filing showed the company had raised $106 million from Foundation Capital and Formation 8. Bolt now tells TechCrunch it has added to that amount, bringing …

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Lily raises $2M from NEA and others for a personal stylist service that considers feelings, not just fit

One of the reasons recently IPO’d Stitch Fix became so popular among female shoppers is because of how it pairs the convenience of home try-on for clothing and accessories with a personal styling service that adapts to your tastes over time. But often, personal stylists bring their own subjective takes …

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Prose raises $5.2 million for custom shampoo

Whether your hair is straight, curly, color-treated or oily, the texture is unique. And a newly launched startup called Prose thinks your hair products should be, too. Prose is working with hair salons and stylists to build custom formulations for clientele. They’ll not only take into account a person’s hair type …

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