The Fab Shoes
HugeDomains.com - TheFabShoes.com is for sale (The Fab Shoes).
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
N/A | Acquisition | ||
| Total Funding | 000k | ||
| EUR | 2021 | 2022 |
|---|---|---|
| Revenues | 0000 | 0000 |
| % growth | - | (3 %) |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| % profit margin | 1 % | 2 % |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Company filings or news article
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The Fab Shoes was a European e-commerce company that operated as a members-only club for women's fashion, primarily focusing on shoes and accessories. Founded in 2011, the company established a footprint in the Spanish and French markets by offering personalized style recommendations to its members. The business model was centered around a subscription service, providing members with access to trendy and affordable fashion items. Designers would curate personalized suggestions for accessories that matched a client's individual style profile.
The company's CEO was Pablo Szefner, and its COO was Xisco de la Calle. The Fab Shoes demonstrated early success by rapidly growing its member base. In September 2012, the startup secured $2.8 million in a Seed funding round from investors including Blumberg Capital and Kreos Capital. By early 2013, just over a year after launching, the company had attracted over 500,000 members across France and Spain.
This rapid growth caught the attention of JustFab (now TechStyle Fashion Group), a larger, US-based fashion subscription company. In May 2013, JustFab acquired The Fab Shoes for an undisclosed amount. The acquisition was a strategic move for JustFab to accelerate its expansion into Europe, adding the French and Spanish markets to its existing operations in Germany and the UK. Following the acquisition, The Fab Shoes' platform and its half a million members were integrated into JustFab's operations, and the brand ceased to exist as a separate entity in July 2013. The Fab Shoes' executive team was retained, with Pablo Szefner becoming Managing Director for JustFab in France and Spain, and Xisco de la Calle taking on the role of VP of Operations for Europe.
Keywords: The Fab Shoes, Pablo Szefner, Xisco de la Calle, European e-commerce, online footwear retail, fashion subscription service, members-only fashion, personalized styling, shoe club, accessories sales, JustFab acquisition, TechStyle Fashion Group, Blumberg Capital, Kreos Capital, Spain e-commerce, France e-commerce, internet retail, startup, fashion tech