The LA-based digital-first fashion marketplace has announced that it has closed a $195 million Series F funding round, more than doubling its valuation as the company sets its sights on further international expansion.
In three years, the site created by David Benhaim and Michael Holzmann has become a key player in the French resale market. After growing by over 200% last year, Wethenew is now setting its sights on the rest of Europe.
Upscale UK womenswear brand Goat Fashion has won a court battle against US sneaker platform Goat Group over the Goat trademark with an injunction designed to stop the latter from selling clothing under the Goat name.
Goat announced on Wednesday the closing of a Series E funding round of $100 million from D1 Capital Partners, which looks to accelerate the company's growth across its product categories and geographies.
With nobody knowing what consumers will want to wear post-lockdown, and after months spent in comfortable loungewear, British label Goat has unveiled an accessibly-priced and comfortable-but-smart jersey line.