Fab.com Acquires FashionStake After Seven Months of Rapid Growth

Fab.com, a New York-based flash sales site known for selling home decor, apparel and other items from independent designers, has acquired FashionStake.
fab + fashionstake

News Byte

Trunk Club Appoints Former eBay Executive as COO

Trunk Club, an online shopping service for men who don’t like to shop, has hired Rob Chesney as COO. Most recently, Chesney was an entrepreneur in residence at Greylock Partners. Before that, he served as VP of eBay’s Buyer Experience team, overseeing fashion, technology, media and home. Trunk Club, which has about 60 employees, is projecting revenues of $5.5 million this year and raised $11 million in capital back in September.

Refinery29 Adds Shopping After Drawing an Audience in With Content

After building up an online editorial presence for the past few years, Refinery29 is using its clout in the fashion world to shift to e-commerce.
Refinery29-Reserve-screenshot

OpenSky Raises $30 Million for Twitter-Inspired Shopping Site

OpenSky is e-commerce with a Twitter twist: Follow celebrities and experts to get recommendations on the latest food, fashion, design and style.
opensky_screenshot bobby flay

Rent the Runway Gets $15 Million From Kleiner Perkins to Be the Netflix of Fashion

Rent the Runway is a New York-based start-up that lets you look like a million bucks while spending much less. Instead, women rent dresses for much less and then send them back in prepaid envelopes–no dry cleaning necessary.
bridesmaids

No New Splashy Engadget Editor Yet, But AOL Site Cleaning Begins

AOL will begin rolling out its plans to overhaul its panoply of content sites as soon as today, a key part of its integration with the Huffington Post, sources familiar with the situation said. The New York-based Internet portal, which paid $315 million to acquire the high-profile news and opinion site, will essentially close down dozens of its dedicated content sites–some being shuttered completely and others integrated with existing Huffington Post sites.

Voices

Fashion Week Tips Hat to Blog Site

Landing a single ticket to a New York Fashion Week show is considered a feat for most. But Tumblr, a fast-growing New York-based blogging service, was able to snag 24 passes to each of more than a dozen shows, including big names like Carolina Herrera and Oscar de la Renta.

In Yet Another Content Hook-Up, AOL Strikes Deal With Endemol

AOL’s strategy to partner with third-party content creators for original programming–especially premium video content–keeps ticking, with another programming partnership with Endemol USA. The New York-based Internet company said it would “co-develop and co-produce new Web programming initially aimed at AOL’s growing women’s audience” with Endemol, makers of such fine television shows as “Jerseylicious.”

D@CES Highlights Video: Twitter CEO Dick Costolo (¡Olé!)

Yes, like a digital Heidi Klum, Twitter CEO Dick Costolo did declare that BoomTown’s outfit was “matador casual” at the start of an interview I did with him at D@CES last Friday. But we talked about a lot more than that, in a lively discussion about the future of the microblogging phenom.

EBay Augmented-Reality App Lets You Try It On Before You Buy

One of the problems with ordering clothing online is not knowing whether it will fit or look good. EBay has a technology fix for that using augmented reality on the mobile phone. Now you will never have to go to the mall!

Web Commerce Isn't Really Social…Yet

AOL Officially Adds 5Min to Its Roster. Next?