Nasty Gal files for bankruptcy, Snapchat to launch roving vending machines for its Spectacles, and Greenfly raises $6.2 million.
Nasty Gal Files for Bankruptcy
Online clothing store and consignment shop Nasty Gal has filed for Chapter 11 bankruptcy, reports WWD. The company said it has been searching for strategic partnerships with other brands, a process it will continue through the bankruptcy restructuring.
Snapchat to Launch Roving Vending Machines for Its Spectacles
Snapchat announced that it would sell its smart glasses, so-called Spectacles, throughout the United States via yellow vending machines, reports Recode. The vending machines will move location every day and the first machine will be placed in Venice.
Greenfly Raises $6.2 Million
Content contribution network Greenfly has raised a $6.2 million Series A round led by Iconica Partners, according to a news release. Greenfly is a platform for sports leagues, teams, and media companies to leverage their networks of influencers, brand ambassadors, and staff for the production and distribution of video.
For reprint and licensing requests for this article, CLICK HERE.
Stories You May Also Be Interested In
- Silicon Beach Report March 9: Global Crossing Founder Winnick Takes Majority Stake in Streaming Service Qello
- Silicon Beach Report Nov. 11: Snap Inc. Opens Spectacles Store in NYC
- Silicon Beach Report Feb. 20: Whatsapp Updates with Snapchat-Like Vanishing Content
- Silicon Beach Report July 21: Cinq Music Raises $20 Million Series B
- Silicon Beach Report Jan. 9: Court Approves British Company’s Bid for Bankrupt Nasty Gal
- Tweet of the Day: Nasty Gal Founder Sophia Amoruso
- Silicon Beach Report April 20: L.A. Seed Funding Falls Sharply in First Quarter
- Silicon Beach Report Oct. 12: SolarReserve to Build $5B Thermal Solar Project in Nevada