Fab.com, a design-focused e-commerce site that's growing by leaps and bounds, acquired online independent fashion marketplace FashionStake for an undisclosed sum.
FashionStake carved out a niche for itself in the e-commerce world by allowing independent fashion designers to sell their goods on the site, rather than gambling on getting products into name-brand stores can be difficult to crack. According to FashionStake's Web site, it offers products from 240 designers in 16 countries around the world.
Fab.com was one of the more surprising Web standouts last year. Since launching its site in June 2011, the company has … Read more