Online warddrobe platform Finery has been acquired for an undisclosed amount by Stitch Fix, allowing Farfetch and BBG Ventures to exit.
Fashion e-commerce company Farfetch has exited US-based online wardrobe management service Finery in an acquisition by personal styling platform Stitch Fix, Yahoo Finance has reported, citing an internal email.
Finery is the creator of an online wardrobe platform that lets users keep track of their clothes and assess how possible purchases would fit with their current items. It works by scanning receipts supplied by the user.
Farfetch and BBG Ventures, the female-focused venture capital firm spun out of telecommunications company…
