Retail News

Fashion e-tailer Lulus gets $120M investment

CNBC 05/16/2018

Lulus, an online fashion brand catering to women in their twenties, has received a commitment of $120 million cash from the venture capital firm IVP and the Canada Pension Plan Investment Board. The business, with “a couple hundred” million in sales, has been profitable since 1996 when the company was founded by Debra Cannon and her daughter, Colleen Winter.

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