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Mary Korlin-Downs
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Writer, All Things Fashion Tech
Beats
I write about everything and anything in between.
Content
By Mary Korlin-Downs| All Things Fashion Tech@ Lyst, the British fashion search engine once valued at a heady $700 million, has just been acquired by Japanese e-commerce platform Zozo Inc. for a reported $154 million. On the surface, the deal feels tidy: a rising Japanese tech giant gains international fashion cachet, and Lyst finds a new chapter after years of indecision. But beneath the celebratory headlines lies a more sobering truth—Lyst, once heralded as the future of fashion-tech, exited at a fraction of its once-hyped worth.
By Mary Korlin-Downs| All Things Fashion Tech@ Subscribe to All Things Fashion Tech to keep reading this post and get 7 days of free access to the full post archives.
By Mary Korlin-Downs| All Things Fashion Tech@ Lyst, the British fashion search engine once valued at a heady $700 million, has just been acquired by Japanese e-commerce platform Zozo Inc. for a reported $154 million. On the surface, the deal feels tidy: a rising Japanese tech giant gains international fashion cachet, and Lyst finds a new chapter after years of indecision. But beneath the celebratory headlines lies a more sobering truth—Lyst, once heralded as the future of fashion-tech, exited at a fraction of its once-hyped worth.
Company Info
All Things Fashion Tech
Your go-to online platform for everything at the intersection of fashion and technology. Explore the ATFT Database, featuring in-depth knowledge on over 400 fashion tech companies.