Forever 21's first venture investment goes to Los Angeles style subscription start-up DailyLook

For the first time in its 34-year history, Los Angeles’ homegrown fast-fashion giant Forever 21 is investing in a start-up.

Along with local venture capital fund Upfront, Forever 21 is leading an $8-million investment in DailyLook, a fashion subscription service in downtown L.A.

As part of the...

from Technology - Los Angeles Times https://ift.tt/2N3PC73