GSI Commerce founder Michael Rubin has launched Kynetic, a firm focusing on building consumer businesses that will include Rue La La.
Rubin recently sold GSI to eBay Inc. for $2.4 billion. He bought back the online sports licensed retail business, which was renamed Fanatics, as well as shopping site ShopRunner and flash sale site Rue La La, with eBay retaining a 30 percent stake in flash sale site Rue La La. Rubin first bought Rue La La in 2009 when he still owned GSI. All three businesses are now under the Kynetic umbrella.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"