En savoir plus - Curation e-commerce. Fab.com acquires Casacanda (valued at $10 million), confirms founder and CEO Roman Kirsch. In an all-stock deal valuing Casacanda at around $10 million, the U.S.based design company Fab.com Inc will acquire the Berlin-based company in what will be its first international acquisition, Casacanda founder and CEO Roman Kirsch told VentureVillage in an exclusive interview this evening.
Since its launch last September, Casacanda has acquired 250,000 members and has generated revenue in the millions. “In the next six months, we’re expecting to double the number of users,” Kirsch told us. “Unlike other European start-ups like Rocket’s Bamarang which have relied heavily on Fab replication and strict copying, Casacanda has separated itself through close relationships with local furniture designers as well as the development of features like one-click shopping.” Cribs Visits Llustre — A Better Gilt For Home Decor?
I must admit I didn’t immediately get Llustre.
It looked like another e-commerce play, super-focused on curation and editorial – where was the potential for scale? I looked again. They’d raised £750,000 (just over $1 million) from a host of experienced angel investors, entrepreneurs and venture capitalists. There must be more to it than meets the eye? Scoop: Fab.com Launches Online Design Store, Ashton Kutcher Invests. Exclusive - Fab.com, which started out as Fabulis, a social networking site for gay men, has not only recently changed its name but also started from scratch with an entirely new business centered around ‘design online’.
The company is today debuting its all-new website, which features daily design inspirations and invited member-only flash sales of design items at significant discounts. In addition, TechCrunch has learned, the company is currently in the process of finalizing a new financing round, and we’ve also learned that self-proclaimed design junkie and actor Ashton Kutcher has invested in the business and will be joining the startup’s advisory board. One Year Post-Pivot, Fab.com Is On Track To $100M In Revenue In 2012.
One year after the infamous Fab.com “reset” from a social network for gay men to a powerhouse design shopping site, CEO Jason Goldberg is taking a look back on the company’s progress.
Staying true to the startup’s “one thing” as he calls it (design, obviously), the company has grown to more than 2.5 million members, up from 1.5 million at the end of last year. That’s 67 percent growth in the first two months of 2012, Goldberg notes. And last month was Fab’s best yet, beating out both the holiday sales of December and the pre-holiday rush which contributed to November’s record-breaking month.
Les ventes privées design Fab.com arrivent en Europe. L'e-marchand américain vient de racheter son clone berlinois Casacanda et de le mettre à ses couleurs.
Un site en langue anglaise devrait suivre. Le site américain de ventes privées de meubles et décoration design Fab.com attaque le marché européen. Créé il y a huit mois, Fab.com vient en effet de racheter le Berlinois Casacanda pour un montant non dévoilé. Lancé il y a cinq mois, lui-aussi sur le créneau des ventes privées de meubles design, le site redirige depuis aujourd'hui ses visiteurs sur Fab.de, qui livre également l'Autriche et la Suisse. En outre, les équipes de Casacanda pilotent dorénavant les activités européennes de Fab.com. Fab.com, qui prépare actuellement une version de son site en langue anglaise, indique en effet vouloir s'étendre à d'autres marchés en Europe et prévoit que ses ventes internationales compteront pour 10% à 20% de son chiffre d'affaires 2012.
Merchandising and Design - Fab.com has a new look. Fab.com's redesigned site offers several navigation options.
Flash sale e-retailer Fab.com has redesigned its web site with an eye to expanding its product offerings while seeking to maintain the feel of a curated shopping experience. “We have ambitions to grow from 3,500 products live on Fab at a time to tens of thousands, but without losing the excitement and discovery that Fab has become known for,” wrote CEO Jason Goldberg in a blog post. The more items that a retailer sells, the more important navigation becomes.
That’s why the revamped site has a drop-down navigation menu that allows shoppers to search by its 24 product categories, as well as price and color. The old design only enabled a consumer to shop by brand. Fostering social sharing is another key element in the new site’s look. “We're seeing a high volume of members invite their friends and share their design inspirations on our Inspiration Wall,” Goldberg says. Fab.com. Dow Jones helps general partners, limited partners, corporations and service providers capitalize on opportunities and monitor challenges in global private equity and venture capital.
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