RetailNext Inc. has closed a $30 million Series D round of financing, more than doubling the capital it’s raised and adding investors including publicly held firms Tyco, Qualcomm and American Express.
The San Jose, Calif.-based retail metrics monitoring service, founded in 2007 as BVI Networks, intends to use the proceeds for expansion in markets outside the U.S., to bolster research and development efforts and to continue development of in-store location and predictive analytics technologies.
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)