JustFab, the subscription online fashion retailer based in Los Angeles, announced the acquisition of The Fab Shoes, a European-based eCommerce shoe site, which will help the company further expand into the European Market, reports VentureBeat. The Fab Shoes site has over 500,000 members in France and Spain, which is conducive to JustFab's plan to enter the Spanish and French markets. JustFab launched in Germany and the UK in 2012 and has made plans to continue its European blueprint.
"With our success in Germany and the UK, we were ready to take JustFab into new territories. After getting to know the team at The Fab Shoes, we saw a natural fit for the businesses; it enables JustFab to quickly extend its European reach and gives The Fab Shoes a new way to distribute quality products to customers through our flexible subscription plan," Don Ressler, cofounder and co-CEO at JustFab, told VentureBeat.
JustFab has 1.5 million members in Europe with 100,000 new customers registering every month. JustFab also acquired FabKids earlier in 2013.