FashionStake Picks Up Moxsie

New York-based FashionStake, which aims to engage shoppers in picking the best new designers, has acquired Palo Alto-based e-tailer Moxsie, according to a press release sent to Xconomy by FashionStake CEO Daniel Gulati. The financial terms were not disclosed. Moxsie, which specializes in carrying fashions by independent designers, has 170,000 Twitter followers and was named one of Internet Retailer‘s Top 100 retailers of 2011.

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