New ShoeDazzle CEO Conducts Layoffs, Secures More Funding

A small shake-up at ShoeDazzle is under way, just days after its CEO was replaced with founder Brian Lee. According to a source close to the company, ShoeDazzle laid off a small number of employees today. Cuts were estimated to affect “a low double-digit percentage.” The source also confirmed that the Los Angeles-based e-commerce provider recently raised $6 million in new funding from insiders, which is in addition to the $40 million it raised last year.


Latest Video

View all videos »

Search »

Another gadget you don’t really need. Will not work once you get it home. New model out in 4 weeks. Battery life is too short to be of any use.

— From the fact sheet for a fake product entitled Useless Plasticbox 1.2 (an actual empty plastic box) placed in L.A.-area Best Buy stores by an artist called Plastic Jesus