Ivanka Trump Poaches Kate Spade’s High-Profile E-Commerce Boss

Johanna Murphy will serve as chief marketing officer and head of digital for Trump’s apparel and accessories brand.
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Amazon Shutting Down Fashion Website Endless.com

Amazon may be closing Endless.com after five years, but says its prospects in apparel are getting “very exciting.”
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Making Money While Keeping Prices Low: Amazon CEO Jeff Bezos Explains It All (Mostly)

In an interview, Amazon’s founder and CEO Jeff Bezos provides insight to the company’s genius behind selling hardware for less and giving away some content for free.
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News Byte

Wittlebee Buys Up Clothing Maker for Kids’ Apparel Club

Culver City, Calif.-based Wittlebee, a service that sends members a box of kids’ clothing for $40 a month, has acquired Cottonseed Clothing Company. Terms of the deal were not disclosed, but going forward, the Chicago company’s apparel will be offered exclusively from Wittlebee. Wittlebee founder Sean Percival said the company was already manufacturing its own line of clothing, and that Cottonseed founder Erin Gutierrez will be able to “aid our operations as we ramp up our own private label offering.” Gutierrez remain involved as a consultant and advisor.

FabKids Banking on $2.6 Million in Capital and Christina Applegate to Get Subscribers

To get a subscription e-commerce business off the ground these days, all a company needs is a dozen employees, a celebrity spokesperson and a couple million dollars in the bank.
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Gilt Groupe’s New Live Stream Allows Shoppers to Spy on What Others Are Buying

A new feature is launching today on Gilt.com, the New York-based women’s and men’s apparel flash sales site — it lets you spy, in real time, on other people’s carts (anonymously, of course).
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Ideeli Latest Round Brings Total Raised to Nearly $100 Million

That’s a lot of kicky dresses, strappy tops and to-die-for pants.
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As Fab.com Hits Year One, It Enters the U.K. Through Acquisition

Within the past year, Fab.com has hit a lot of milestones: 1.8 million products sold, 4.75 million members and, now, three acquisitions.
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StyleSaint Secures $1.5M to Create Pinterest With an E-Commerce Twist

StyleSaint has secured $1.5 million from Andreessen Horowitz, General Catalyst and others to develop a new twist on the content-sharing craze.
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News Byte

Online Retro Clothing Shop ModCloth Closes $25 Million in Funding

ModCloth, an online retailer focused on retro-looking woman’s apparel, has raised $25 million in funding. The round was led by Norwest Venture Partners, with Accel Partners also participating. The capital will help expand the site’s “Be the Buyer” program, which allows customers to vote on items they’d like to see produced. The San Francisco-based company, which was founded by high school sweethearts Eric Koger and Susan Gregg Koger, has 300 employees.

Web Commerce Isn't Really Social…Yet