The Latest News in Retail Innovation & Startup

Club W Raises $9.5 Million To Appeal To Wine Lovers, Not Snobs

Club W Inc. has raised $9.5 million to grow its e-commerce wine business in the U.S.

Bessemer Venture Partners led the investment. Earlier the Los Angeles startup raised $3.1 million in a seed round led by Crosscut Ventures.
The deal comes after efforts to sell wine by some traditional retailers and startups didn’t bear fruit as hoped.
By: Lora Kolodny. Source: WSJ.

Mattress Startup

Startups Are Giving the Bedroom a Makeover

With traditional retailers merging and e-commerce startups growing quickly, the mattress industry isn’t getting much sleep these days.

By: Gabrielle Karol. Source: Entrepreneur

Emerging Fashion

6 Emerging Fashion Brands Worth Investing In

In the last two years, emerging fashion brands like Christopher Kane, Altuzarra, JW Anderson, Nicholas Kirkwood and Roksanda have attracted a flurry of investment. Who’s next?

By: Kati Chitrakorn. Source: Business of Fashion

PachIt

Smart Shopping Tool PoachIt Scores An Additional $1.8 Million

A company called PoachIt, which has now closed on an additional $1.8m in funding, is helping turn hesitant buyers into customers through its intelligent shopping assistant and mobile apps that help to find working coupon codes, plus tools that allow you to track price drops for any product.

By: Sarah Perez. Source: TechCrunch

Indiegogo

Indiegogo Tries Out “Forever Funding” Campaigns Without End Dates

Indiegogo is expanding beyond temporary crowdfunding projects and into hosting permanent crowfunded businesses. In the next few days it plans to launch “Forever Funding”, this will let creators raise money indefinitely rather than having to set a date for their campaign to stop.

By: Josh Constine. Source: TechCrunch

Lightspeed

LightSpeed Closes $35M To Deliver A New Style Of Commerce

Retail trade is undergoing a massive shift. Personalization, localization and customization are all themes that mean that retailers who wish to remain competitive need to think about fundamentally changing the way they work.

By: Ben Kepes. Source: Forbes

Customized Clothing

6 Interactive Sites to Create a Completely Customized Wardrobe

Thanks to a handful of online custom-tailor stores, you can forget about off-the-rack purchases and become your own fashion designer. With 3D customization studios and realistic graphics, many of these sites have made it easy to digitally craft shirts and shoes from start to finish.

By: Kyli Singh. Source: Mashable

Radiant Athletics

When a Kickstarter Campaign Goes Very Wrong

Many entrepreneurs are using crowdfunding campaigns to raise the profile of their nascent businesses and products, while also raising funds. But the tactic sometimes backfires when a startup isn’t prepared for the demand that follows.

By Angus Loten. Source: Wall Street Journal