By  on August 21, 2013

The universe of online shoe subscription companies has shrunk.

Intelligent Beauty Inc.-owned JustFab has agreed to acquire competitor ShoeDazzle for an undisclosed price. The combination of the two companies will create the biggest e-commerce entity in the Los Angeles area, on track to profitably reach $400 million in sales in 2014 and exceed $500 million in 2015.

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