Lyst, the fashion marketplace once valued at $700M, sells to Japan’s Zozo for $154M

Fashion goes in and out of style, and so, it turns out, do fashion startups. Lyst — the high-end fashion marketplace with 160 million users that was once valued at $700 million — has been acquired for just $154 million in an all-cash deal. The buyer is Zozo, a Japan-based fashion and e-commerce business. Zozo […] from TechCrunch https://ift.tt/GcuTwx5