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on September 28, 2018

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GoTrendier raises $3.5 million to take on Spanish-language fashion marketplaces

Thanks to environmentally conscious young buyers, throwaway culture is dying not only in the U.S., but also in Latin America – and startups are poised to jump in with services to help people recycle used clothing. GoTrendier , a peer-to-peer fashion marketplace operative in Mexico and Colombia, has raised $3.5 million USD to do just that. And i nvestors are eyeing the startup as the digital fashion marketplace growth leader in Spanish-speaking countries. GoTrendier, founded by Belén Cabido, is a platform that lets users buy and sell secondhand clothing. Cabido tells me that the new capital will enable GoTrendier to expand deeper into Mexico and Colombia, and launch in a new country: Chile. GoTrendier enables users to buy and sell used items through the GoTrendier site and app. The platform categorizes users as either salespeople or buyers. Salespeople create their own stores by uploading photos of garments along with a description and sale ...

Dolls Kill is raising up to $15 million for is edgy fashion brand made for “misfits”

When founder Bobby Farahi met Shaudi “Shoddy” Lynn, it was at a rave in L.A. Farahi has said he was immediately drawn to the fashion sense of Lynn, who was a DJ at the time; she meanwhile might have appreciated the business acument of Farahi, who had already sold a broadcast monitoring service called Multivision to a rival company. As Farahi told Inc. magazine several years ago, the couple, now married, decided to try their hand at business together, calling it Dolls Kill and selling foxtail keychains before eventually branding into evolving into an online boutique that sells edgy, risqué clothes and accessories from companies like Killstar and Motel , both in the U.K., as well as makeup from another London company called Skinnydip . Shoppers like what they see, seemingly. Back in 2014, Inc. reported, Dolls Kill, which is based in San Francisco, generated $7.6 million in sales. It was enough to elicit the attention of the consumer-focused venture firm Maveron, which wrote t...

Hulu unexpectedly releases “Fyre Fraud” days before Netflix’s competing documentary

Not since the literary biopic showdown between “Capote” and “Infamous” has there been such an intense battle for the attention of viewers. This time, the fight is between Hulu and Netflix ’s competing documentaries about the disastrous Fyre Festival, a 2017 music festival whose failure led to eight lawsuits and a six-year prison sentence for co-founder Billy McFarland. Hulu unexpectedly released its film, “Fyre Fraud” today, just four days before Netflix’s “Fyre: The Greatest Party That Never Happened” was scheduled to premiere. Both films are helmed by award-winning filmmakers. Entertainment Today reports that Hulu hopes its documentary , directed by Emmy-nominated, Peabody-winning filmmaking team Jenner Furst and Julia Willoughby Nason “will provide enlightening context ahead of [executive producer Elliot] Tebele’s Netflix documentary.” “Fyre Fraud” contains exclusive interviews with McFarland, who co-founded Fyre with rapper Ja Rule, and people who used to work for Tebele’s mark...

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