HomeAcquisitionsUS-based JustFab acquires European startup The Fab Shoes

US-based JustFab acquires European startup The Fab Shoes

JustFab, the US-based subscription e-commerce site for fashion, today announced that it will be launching in France and Spain by July 2013 with the acquisition of The Fab Shoes, a leading shoe-based membership website in France and Spain that launched in early 2012.

The Fab Shoes will convert both its French and Spanish businesses into JustFab.com in July 2013. The Fab Shoes’ team will stay intact and become part of JustFab’s growing international team.

Within a year of launching in Germany and the UK, JustFab stated that it has gained 1.5 million members in Europe, and will be over 2 million with the inclusion of The Fab Shoes membership. Additionally, Germany and the UK are adding more than 100,000 new members a month combined. JustFab now has over 15 million members worldwide, making it the sole fashion subscription business in 6 countries across the globe.

“The Fab Shoes has done an excellent job in building its business since they launched just over a year ago,” stated JustFab co-founder and co-CEO, Don Ressler. “After getting to know the team at The Fab Shoes, we saw a natural fit for the businesses; it enables JustFab to quickly extend its European reach and gives The Fab Shoes a new way to distribute quality products to customers through our flexible subscription plan.”

“Scale and infrastructure are key if you want to grow quickly in the fashion business,” says Pablo Szefner, CEO of The Fab Shoes. “While The Fab Shoes has had a lot of early success, we are thrilled to take our core business to the next level. With JustFab, we can provide our existing members and potential new customers with excellent styles, quality and service for an outstanding shopping experience.”

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Thomas Ohr
Thomas Ohr
Thomas Ohr is the "Editor in Chief" of EU-Startups.com and started the blog in October 2010. He is excited about Europe's future, passionate about new business ideas and lives in Barcelona (Spain).

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