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Cue Ball Capital and Volition Capital invest in fashion forecasting siteStylesight, an online destination which provides trend forecasting and product development tools for the fashion industry, announced it's closed a $10 million equity investment from Cue Ball Capital and return backer Volition Capital. The startup previously raised $16 million back in 2008.
Founded back in 2003, the New York-based startup offers a closed Website for folks working in the fashion industry - so not anybody can get in unless they sign up for a subscription. It's a complete SaaS package loaded with tools for fashionistas. The content is designed to provide fashion merchandisers and designers access to the latest trends along with an image library of current fashions. Stylesight says its team consists of industry insiders whose extensive careers traverse the fields of fashion design, trend analysis, forecasting, reporting, merchandising and apparel manufacturing.
And it's not limited to the English speaking. The company offers its services in Chinese, Japanese, and Spanish as well.
“Stylesight has proven itself to be the premier information service for the global fashion industry,” says Larry Cheng, Managing Partner at Volition Capital.
The company recently was awarded "Best Retail Website," by FOLIO Magazine.
Stylesight said the funds would serve to accelerate its rapid growth. It's also added Richard J. Harrington, Chairman and General Partner of Cue Ball Capital, and retired CEO of The Thomson Corporation (now Thomson Reuters), to its Board of Directors.
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Stylesight is a team of seasoned and accomplished industry insiders whose extensive careers traverse the fields of fashion design, trend analysis, forecasting, reporting, merchandising and apparel manufacturing. We understand the business of fashion and fashion as a business.
Our mission is to provide clients involved in the creative and product development process with useful tools that make their journeys more efficient, less costly, faster and more accurate. We seek the most effective content for this challenge and combine that content with the latest technology. We never give up in our search for the most innovative content and technology.
We accomplish our mission by offering an unparalleled global reach of time-sensitive, informative and directional content and funneling that content through state of the art technology. Our powerful industry-driven tools make sense of the messages and translate them into actionable information.
Our state of the art technology is easy to use and makes the tedious work of fashion research immediate, painless and enjoyable. Search functionalities trim volumes of inspirational images down to concise, specific and relevant results that are ready for action. Creative professionals can search and organize results into an unlimited number of folders to convey specific seasonal ideas. Our tools allow professionals to download multiple images, zoom every image for detail, print and/or email tear sheets, create slideshows and trend boards to internal colleagues or external suppliers and share comments. All from one website.
Our content provides everything a merchandiser and designer needs to assess current trends, collaborate and analyze our trend forecasts and reporting for effective results during your design cycle. Once you've achieved your results you're ready to adopt or generate your own inspiring ideas, transforming concepts into visions for product development.
Stylesight's extraordinary image library is a virtual wellspring of idea generation with over two million images of Women's, Men's & Children's fashion as well as Interiors including coverage of all Designer Collections from New York, Paris, London, and Milan as well as Los Angeles, Sao Paulo, and Rio de Janeiro and more. It includes fashion buzz on the streets and retail of key fashion & interior design stores of all of these major cities as well as Tokyo, Hong Kong and the South of France. Vintage, Denim, Color, Trade Shows, Celebrity Fashion, Flats Sketches, original Graphic Design, and Mood Images round out our rich image search engine with new content uploaded daily.
Stylesight's Fashion Office delivers concise forecasting and reporting relevant to industry time lines. Our in-depth universal Megacolors and Megatrends forecast the upcoming seasons color and trend direction. Our trend boards provide thorough and insightful analysis of designer collections for each major season, deciphering the core messages by category, such as color, theme and a spectrum of key items from an ocean of images.
One can't be sure where tomorrow's hottest trends come from so the journey never ends. Our tenacious worldwide correspondents and creative staff cater to the innate curiosity of creative professionals on an everlasting quest for that hidden gem, providing an inside look at organically developing currents and themes emerging around the world. Stylesight: Images That Inspire, Tools to get the job done.
Thank you for taking this time to learn more about Stylesight where we believe frequency of information becomes currency and the fountain of inspiration never runs dry.