Fab.com Enters the UK Through Acquisition
Within the past year, Fab.com has hit a lot of milestones: 1.8 million products sold; 4.75 million members and now three acquisitions. The acquisition announced today on the company’s blog is Llustre, a copycat of Fab.com in the U.K. that's identically focused on selling home decor, apparel and other items from independent designers. Terms of the deal weren't disclosed. Fab.com previously purchased Casacanda in Germany and Fashionstake in the U.S. to launch its clothing vertical.