NEW YORK — Moda Operandi, the online upstart by Lauren Santo Domingo and Aslaug Magnúsdottir, secured its second round of funding on Friday.
Venture capital and growth equity firm New Enterprise Associates Inc. is the lead investor in the series B financing of $10 million, which is expected to help the site build its infrastructure and grow its international reach. The first round of financing was led by Boston-based New Atlantic Ventures.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)