article thumbnail

Retailwinds’ E-Commerce Properties Sold To Saadia Group In Bankruptcy Auction

Retail TouchPoints

Saadia Group won the bankruptcy auction for RTW Retailwinds ’ New York & Company and Fashion to Figure e-Commerce business and related intellectual property for a cash purchase price of $40 million plus assumption of certain liabilities, including honoring gift cards.

eCommerce 262
article thumbnail

Modern Luxury Media Merges Content and Commerce with New Fashion Rental Service

Retail TouchPoints

“The launch of ModLux.Rent aligns with our growth strategy as it positions us to capitalize on the rise of content-to-commerce platforms,” said Michael Dickey, CEO of Modern Luxury Media in a statement. Fashion subscription service Stitch Fix is also continuing to experience declines in its business.

Fashion 287
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Despite Subscription Declines, Rent the Runway Plans to Go Public

Retail TouchPoints

In response, Rent the Runway closed its retail stores , did away with its unlimited subscription plan and launched into resale. However, in its filing Rent the Runway pointed to surging ecommerce activity and increased consumer awareness of sustainability as indicators of its future potential. “In million on revenue of $80.2

article thumbnail

How to Start a Subscription Business that Works

Ecommerce Platforms

From Birchbox to Dollar Shave Club, and Kiwi Crate to Netflix, we seem to live in a world of subscriptions, whether it be for software, movies, clothing, food, or whatever else you don't mind paying for with a monthly subscription. There's a reason so many subscription-based business models seem to be popping up.

article thumbnail

Rachel Zoe Rebrands Box of Style Subscription Program as CURATEUR, Expands Member Benefits

Retail TouchPoints

Fashion icon Rachel Zoe has taken her subscription offering, Box of Style by Rachel Zoe, and relaunched it as CURATEUR , a digitally native women’s lifestyle membership that will deliver bespoke luxury offerings across fashion, beauty and home. Available in two pricing tiers, the CURATEUR Seasonal Membership offers a $99.

article thumbnail

Stitch Fix Moves Beyond Subscriptions with Hyper-Personalized Direct Shopping Experience

Retail TouchPoints

Online personal styling service Stitch Fix is continuing to expand beyond its core subscription fashion service into direct buying with the launch of Freestyle, a personalized shopping experience that allows anyone to buy items anytime without being a current subscriber. Because the experience — which is available now for U.S.

article thumbnail

Luxury Subscription Service Vivrelle Bags $26M in Series A Funding

Retail TouchPoints

The subscription service, founded by husband and wife team Blake and Wayne Geffen in 2018, allows members to keep items as long as they want, or swap them out monthly. It’s an exciting opportunity to advance the growth of circular fashion and be at the forefront of reimagining consumers’ shopping experience.”.