Daily Digest

1 August, 2013

Eyeing Potential Growth In Asia, Fab Raises $10M From Singaporean Telecom Giant SingTel

Whitewash Singlet on Fab.com | Source: Fab.com

“Amidst layoffs, and shortly following a new $150 million round in new funding, Fab is announcing an additional contribution to its Series D round of financing. Singaporean telecommunications giant SingTel Group has put $10 million into Fab, and according to the design-focused ecommerce company, the Asian company will will be a key partner wIn helping Fab explore expansion opportunities in Asia.”

‘Mini-Me’ With High Heels of Her Own

Suri Cruise | Source: Suri Cruise in Heels

“Industry observers say the trend is part of a bigger, so-called ‘mini-me’ craze in the children’s wear market, linking fashions for children’s clothing and accessories with the latest from mom and dad’s runway, no matter how impractical it may be for a child’s rough-and-tumble lifestyle.”