Racked is no longer publishing. Thank you to everyone who read our work over the years. The archives will remain available here; for new stories, head over to Vox.com, where our staff is covering consumer culture for The Goods by Vox. You can also see what we’re up to by signing up here.
LA-based e-commerce giant JustFab is doing pretty well these days, seeing as it just raised an additional $15 million in investments. After raking in a cool $40 million during its last round of fundraising, co-founder/co-CEO Adam Goldberg tells tech pub Pando Daily that an unnamed investor offered the subscription-based retailer another backing opportunity that it couldn't refuse. The brand acquired fellow online fast fashion competitor ShoeDazzle five months ago, then opened first-ever brick-and-mortar space at the Glendale Galleria and swiftly expanded its product offerings to fitness apparel and kids clothing. [Pando; Previously; Previously]