Thread news and archive

M&S acquires Thread to accelerate its personalisation plans

British retailer Marks & Spencer has acquired the intellectual property, including the source code and algorithms developed by personalised fashion marketplace Thread to accelerate its personalisation capabilities. In a statement, M&S said that the acquisition will allow it to integrate “cutting-edge proprietary tech” into the M&S website as it...

Fashion

H&M invests in AI ecommerce site

London-based menswear ecommerce startup Thread has set out to make styling much easier for male consumers and just received 3 million dollars from H&M to do so. The H&M Group’s investment arm, H&M CO:LAB has funded many innovative fashion startups that focus on technological or sustainable initiatives, such as Aday and Worn Again. Thread is...

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Thread receives 22 million pounds funding boost

Personalised menswear styling and ecommerce service Thread has announced through a statement that it raised 22 million pounds (26.4 million dollars) in additional funding through Series B funding round led by Balderton Capital, Beringea, Forward Partners, and H&M group’s investment arm H&M CO:LAB, with participation from retail investor Maurice...

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Thread raises 4 million pound investment

London - Thread, the London-based online personal styling and shopping service for men, has raised 4 million pounds in a Series B funding round led by venture and growth investor Beringea and existing investor Balderton Capital, to help boost its customer base. The latest investment round see the total funds raised by Threads hit close to 11...