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Monday, 26 February 2018
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Menswear startup InStitchu raises $2.5M from Chinese manufacturer Dayang
Menswear startup InStitchu raises $2.5M from Chinese manufacturer Dayang
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Chinese clothing manufacturer Dayang Group is making a strategic investment in InStitchu, a startup selling custom tailored suits and other menswear. At $2.5 million, the round is relatively small, but InStitchu co-CEO James Wakefield said the real reason for taking the money is to deepen the relationship with Dayang. Apparently the manufacturer was already making half of the…
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