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Fashonphile secures assets of pre-owned luxury distributor

Resale platform Fashionphile has said it has purchased the assets of Montreal-based Two Authenticators Inc. (2a), a wholesale distributor of authenticated, pre-owned luxury goods. As part of the deal, co-founder and CEO of 2a, Fred Mannella, will join Fashionphile as senior vice president of wholesale, and will report to the platform’s own...

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ManagementFeatured

Luxury re-sale platform Fashionphile raises 38.5 million dollars in Series B funding

New York – Fashionphile announced earlier this week that it has raised 38.5 million dollars in Series B funding led by NewSpring Growth, the dedicated growth and expansion strategy of private equity firm NewSpring. "Over the past 20 years we've developed the largest luxury inventory in the industry, created cutting edge recommerce technology,...

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