JustFab, a subscription-based eCommerce site selling apparel and footwear, is extending its European reach by launching in France and Spain following the acquisition of The Fab Shoes, a footwear-focused membership website. JustFab will retain The Fab Shoes’ team, with chief executive Pablo Szefner taking on the role managing director for France and Spain, while chief operating officer Xisco de la Calle becoming vice president of operations for Europe. Both will work closely with Gerrit Mueller, JustFab’s European president as well as cofounders Don Ressler and Adam Goldenberg. Los Angeles-based JustFab already operates in Germany and the UK, where it has 1.5 million members. Worldwide, the business boasts 15 million members. The Fab Shoes’ websites will be converted into JustFab sites in July 2013.
From the Telegraph this morning: The retail revolution is customer-led, and no one knows where it is heading.
The chief executive of Tesco’s failed US business took home nearly £3 million last year, despite Fresh & Easy hurting the supermarket’s bottom line, reports the Independent.
Share