Skip Nav
Winter Fashion
Found: The Perfect Lingerie For Your Zodiac Sign
Valentine's Day
30 Stylish Ways to Show You're Just Not Down With Love This Valentine's Day
Alexander Wang
Alexander Wang Blessed the Street Style Set With His Fall '16 Collection

Lauren Santo Domingo's Moda Operandi Searching For Additional Funding

Lauren Santo Domingo's Moda Operandi Searching For Additional Funding

>> Launched in February during New York Fashion Week, Lauren Santo Domingo's online trunk show site, Moda Operandi, is now raising its second round of venture capital funding, co-founder and CEO Aslaug Magnusdottir confirmed yesterday. Magnusdottir declined to say how much was being raised, but noted that she had been approached by several investors as interest in online luxury retailers grows. "The recent successes of Gilt [Groupe], Rue La La, and Net-a-Porter being sold has really made this a much more interesting sector for a lot of investors," Magnusdottir said, referring to recent deals. MO received its first round of funding last year from Boston-based venture capital firm New Atlantic Ventures, and is expected to be profitable by the end of 2012, Magnusdottir said. She hopes that the site's membership will hit 100,000 by the end of this year, up from 15,000 now. [Reuters]

Around The Web
Fashion Instagram Photos | Week of July 15, 2013
Met Gala 2013 Afterparty | Pictures
Best-Dressed Fashion: Week of November 5, 2011
Taylor Tomasi Hill, Roopal Patel Join Moda Operandi

POPSUGAR, the #1 independent media and technology company for women. Where more than 75 million women go for original, inspirational content that feeds their passions and interests.

Join The Conversation
Latest Fashion
X