Birdies, the $140 slipper designed to be worn at home, just landed $8 million in funding. That’s right. Consumers can’t get enough of these fancy shoes that nobody except your immediate family, and maybe your postman, will see.
[Photo: courtesy of Birdies]The brand was founded by Bianca Gates and Marisa Sharkey, who shrewdly observed that as more millennials work from home–and also enter full-blown nesting mode–they want to look polished. So they decided to create sophisticated house shoes with cozy satin or faux fur linings, so women can feel trendy even when they are sitting at their home desks in their pajamas.
They were clearly onto something. In 2015, Birdies launched its direct-to-consumer brand online, and through its flagship store in San Francisco. Four years later, women are desperate to get their hands on Birdies slippers. The brand currently has a waitlist of 30,000. Its sales were up 400% in 2018, and it is on track to reach five times year-over-year growth in 2019. This upcoming year, it hopes to expand its retail presence with a limited partnership with Nordstrom.
So yes, the luxury household slipper is now a thing, so don’t be shocked when your girlfriend or mom asks for a pair for her birthday. We warned you.
Ride-hailing startup Go-Jek’s expansion into the Philippines ran into problems earlier this month over its ownership structure, but that isn’t deterring the Indonesian company from investing into the market. Today, Go-Jek announced that it has acquired local fintech company Coins.ph through “substantial investment” which gives it a majority stake in the business. The deal is officially […]