Our favorite company, Fab.com is at it again. Previously, we reported that Fab.com received $40 Million in additional funding. And, they are already putting the funds to good use. Fab.com has acquired FashionStake. FashionStake is an e-commerce retailer for independent fashion designers. Their growing portfolio of designers fits right in with Fab.com’s business model. They say Fab.com is to Groupon what Facebook is to Myspace. So, look out GroupOn!
Can’t wait to see all the fab new pieces and any workwear items on Fab.com.