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.
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?"