Style Scoop: BaubleBar Raises $10 Million, Blake Lively isn’t Preserving her Wedding Dress, Rue La La Goes Gilt?
Baubles, baubles, baubles rockin’ everywhere–especially now that the online jewelry retailer has raised $10 million in their latest round of funding! The funding round was led mostly by Chris Burch and Burch Creative Capital, you know, Tory Burch’s ex-husband and brand co-founder. He’s had quite a bit of experience considering he’s the founder of C. Wonder, an investor in Bib + Tuck, Trendabl, and Vaunte. “He definitely brings something new to the table in terms of experience and expertise,” BaubleBar co-founder Daniella Yacobovsky said. “The folks he’s capable of connecting us to… we’re just starting to chat with his network.” [Fashionista]
Sorry to be the bearer of bad news but Blake Lively didn’t give us a peek at her wedding dress on her new lifestyle site,Preserve. In an introductory video on the site, the actress spliced together clips of people fulfilling their dreams. There was a woman featured in the video wearing a gown that resembled Lively’s custom Marchesa wedding gown, leading viewers to speculate if it was the actress on her special day. Sorry, it’s not. “The video that Blake put up is not Blake and that’s not her wedding dress,” a rep said. “It is a beautiful dress though!” [US Weekly]
Rue La La has Gilt Groupe’s eye and apparently the latter is looking to acquire the former. Rue La La is priced around $400 million and JPMorgan Chase & Co is reportedly on tap to advise a potential sale. In 2008, e-commence and marketing services company GSI Commerce acquired Rue La La for $350 million and three years later eBay purchased the flash sale site. [Women’s Wear Daily]
Madewell denim is, well, made well. To prove it, J.Crew’s sister retailer is showing the proper way to wear their 47 new styles of denim they're offering this fall with instructions like slip, zip, turn, and most importantly, prepare for compliments. [The Cut]