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	<title>Betabeat &#187; Andy Dunn</title>
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		<title>Betabeat &#187; Andy Dunn</title>
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		<title>With Bonobos Financing and Partnership, Nordstrom Buys a Bit of Hip</title>

		<comments>http://betabeat.com/2012/04/with-bonobos-funding-and-partnership-nordstrom-buys-a-bit-of-hip/#comments</comments>
		<pubDate>Thu, 12 Apr 2012 10:18:36 -0400</pubDate>
					<link>http://betabeat.com/2012/04/with-bonobos-funding-and-partnership-nordstrom-buys-a-bit-of-hip/</link>
			<dc:creator>Adrianne Jeffries</dc:creator>
				
		<guid isPermaLink="false">http://www.betabeat.com/?p=39076</guid>
		<description><![CDATA[<p><img class="alignnone  wp-image-39077" style="margin-top: 5px; margin-bottom: 5px; margin-left: 10px; margin-right: 10px;" title="pink pants" src="http://nyobetabeat.files.wordpress.com/2012/04/pink-pants.png" alt="" width="530" height="314" />Online pants-maker Bonobos and brick-and-mortar department store Nordstrom have fused their businesses together, the companies announced yesterday, as Nordstrom led a $16.4 million round in the New York startup and will begin selling <a href="http://Bonobos.com">Bonobos</a> clothing in its stores online and offline.<!--more--></p>
<p>Dealbook's Evelyn Rusli has the best <a href="http://dealbook.nytimes.com/2012/04/11/stores-go-online-to-find-a-perfect-fit/">piece</a> on the investment, in which she notes that Nordstrom acquired flash fashion sales site HauteLook last year and has budgeted $140 million for ecommerce this year, a 40 percent increase over last year. And while Bonobos was spending more and more on marketing, Nordstrom-in-chief Jamie Nordstrom envied the conversational tone Bonobos took with its customers, a quirk he discovered while "scouring the Web for innovative ideas."</p>
<blockquote><p>Mr. Nordstrom was particularly impressed with Bonobos’s e-mails to consumers, which included customized elements and links to quirky You Tube videos that weren’t related to fashion but appealed to Bonobos’s male clientele.</p></blockquote>
<p>Meanwhile, Bonobos CEO and founder Andy Dunn admitted that, "We understand there are people who still want to touch and feel clothing before they purchase." We can all learn things from each other. Wonder if Nordstrom will start telling customers that its pants will make their "butt look great."</p>
]]></description>
		<content:encoded><![CDATA[<p><img class="alignnone  wp-image-39077" style="margin-top: 5px; margin-bottom: 5px; margin-left: 10px; margin-right: 10px;" title="pink pants" src="http://nyobetabeat.files.wordpress.com/2012/04/pink-pants.png" alt="" width="530" height="314" />Online pants-maker Bonobos and brick-and-mortar department store Nordstrom have fused their businesses together, the companies announced yesterday, as Nordstrom led a $16.4 million round in the New York startup and will begin selling <a href="http://Bonobos.com">Bonobos</a> clothing in its stores online and offline.<!--more--></p>
<p>Dealbook's Evelyn Rusli has the best <a href="http://dealbook.nytimes.com/2012/04/11/stores-go-online-to-find-a-perfect-fit/">piece</a> on the investment, in which she notes that Nordstrom acquired flash fashion sales site HauteLook last year and has budgeted $140 million for ecommerce this year, a 40 percent increase over last year. And while Bonobos was spending more and more on marketing, Nordstrom-in-chief Jamie Nordstrom envied the conversational tone Bonobos took with its customers, a quirk he discovered while "scouring the Web for innovative ideas."</p>
<blockquote><p>Mr. Nordstrom was particularly impressed with Bonobos’s e-mails to consumers, which included customized elements and links to quirky You Tube videos that weren’t related to fashion but appealed to Bonobos’s male clientele.</p></blockquote>
<p>Meanwhile, Bonobos CEO and founder Andy Dunn admitted that, "We understand there are people who still want to touch and feel clothing before they purchase." We can all learn things from each other. Wonder if Nordstrom will start telling customers that its pants will make their "butt look great."</p>
]]></content:encoded>
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		<slash:comments>0</slash:comments>
	
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		<title>Hipster Men&#8217;s Fashion Site Bonobos Has Raised $8 M. of a $15 M. Equity Round</title>

		<comments>http://betabeat.com/2012/01/hipster-mens-fashion-site-bonobos-has-raised-8-m-of-a-15-m-equity-round/#comments</comments>
		<pubDate>Wed, 18 Jan 2012 09:33:39 -0400</pubDate>
					<link>http://betabeat.com/2012/01/hipster-mens-fashion-site-bonobos-has-raised-8-m-of-a-15-m-equity-round/</link>
			<dc:creator>Nitasha Tiku</dc:creator>
				
		<guid isPermaLink="false">http://www.betabeat.com/?p=26941</guid>
		<description><![CDATA[<p><div id="attachment_26942" class="wp-caption alignleft" style="width: 460px"><img class="size-full wp-image-26942" title="Screen shot 2012-01-18 at 9.09.50 AM" src="http://nyobetabeat.files.wordpress.com/2012/01/screen-shot-2012-01-18-at-9-09-50-am-e1326896161669.png" alt="" width="450" height="385" /><p class="wp-caption-text">Currently on sale!</p></div></p>
<p><a href="http://Bonobos.com">Bonobos</a>, the popular e-tailer that launched in 2007 with the promise of a better-fitting pair of pants (ones that could hug CEO Andy Dunn's "<a href="http://techcrunch.com/2010/12/16/bonobos-raises-18-5-million-metrosexuals-unite/">surprisingly meaty thighs</a>"), is raising a $15 million equity round. According to the company's latest <a href="http://sec.gov/Archives/edgar/data/1427204/000142720412000001/xslFormDX01/primary_doc.xml">Form D</a>, Bonobos has already raised $7,999,973 toward that goal, with $7,000,027 still up for grabs.</p>
<p>The issuer is listed as Bonobos itself and not Mr. Dunn in particular. The equity is offered in "Series C-1 Preferred Stock and the common stock issuable upon conversion thereof," and the round is unrelated to a merger or acquisition.</p>
<p><!--more--></p>
<p><a href="http://www.formds.com/issuers/bonobos-inc">The Form D </a>says the date of the first sale was January 5th, 2012 and six investors have already signed up, so the round is closing fast. The <a href="http://www.formds.com/issuers/bonobos-inc">last time</a> Bonobos raised funding was December, 2010, when Accel Partners and Lightspeed Venture Partners invested $18.5 million to help with <a href="http://techcrunch.com/2010/12/16/bonobos-raises-18-5-million-metrosexuals-unite/">customer acquisition</a>.</p>
<p>Perhaps this latest round will go towards being able to support traffic from all those new customers. Bonobos experienced such an "<a href="http://www.betabeat.com/2011/12/06/bonobos-rep-we-got-clusterfucked-on-cyber-monday/">epic fail</a>" last Cyber Monday when 60 percent discounts drove traffic to 10x what was expected that questions regarding 404 errors, slowness, and false charges shot up to the top of Quora. But the entire staff pitched together to respond, including Mr. Dunn, who fielded phone calls until 3am and Director of Customer Experience, John Rote, described by some as a mythical hybrid of "man/unicorn."</p>
]]></description>
		<content:encoded><![CDATA[<p><div id="attachment_26942" class="wp-caption alignleft" style="width: 460px"><img class="size-full wp-image-26942" title="Screen shot 2012-01-18 at 9.09.50 AM" src="http://nyobetabeat.files.wordpress.com/2012/01/screen-shot-2012-01-18-at-9-09-50-am-e1326896161669.png" alt="" width="450" height="385" /><p class="wp-caption-text">Currently on sale!</p></div></p>
<p><a href="http://Bonobos.com">Bonobos</a>, the popular e-tailer that launched in 2007 with the promise of a better-fitting pair of pants (ones that could hug CEO Andy Dunn's "<a href="http://techcrunch.com/2010/12/16/bonobos-raises-18-5-million-metrosexuals-unite/">surprisingly meaty thighs</a>"), is raising a $15 million equity round. According to the company's latest <a href="http://sec.gov/Archives/edgar/data/1427204/000142720412000001/xslFormDX01/primary_doc.xml">Form D</a>, Bonobos has already raised $7,999,973 toward that goal, with $7,000,027 still up for grabs.</p>
<p>The issuer is listed as Bonobos itself and not Mr. Dunn in particular. The equity is offered in "Series C-1 Preferred Stock and the common stock issuable upon conversion thereof," and the round is unrelated to a merger or acquisition.</p>
<p><!--more--></p>
<p><a href="http://www.formds.com/issuers/bonobos-inc">The Form D </a>says the date of the first sale was January 5th, 2012 and six investors have already signed up, so the round is closing fast. The <a href="http://www.formds.com/issuers/bonobos-inc">last time</a> Bonobos raised funding was December, 2010, when Accel Partners and Lightspeed Venture Partners invested $18.5 million to help with <a href="http://techcrunch.com/2010/12/16/bonobos-raises-18-5-million-metrosexuals-unite/">customer acquisition</a>.</p>
<p>Perhaps this latest round will go towards being able to support traffic from all those new customers. Bonobos experienced such an "<a href="http://www.betabeat.com/2011/12/06/bonobos-rep-we-got-clusterfucked-on-cyber-monday/">epic fail</a>" last Cyber Monday when 60 percent discounts drove traffic to 10x what was expected that questions regarding 404 errors, slowness, and false charges shot up to the top of Quora. But the entire staff pitched together to respond, including Mr. Dunn, who fielded phone calls until 3am and Director of Customer Experience, John Rote, described by some as a mythical hybrid of "man/unicorn."</p>
]]></content:encoded>
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		<slash:comments>0</slash:comments>
	
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