ZOZO to acquire Lyst for $154m.

ZOZO, a fashion technology company, agreed to acquire Lyst, a global fashion search platform that allows users to browse through thousands of online fashion stores, for $154m. “This is an exciting moment for Lyst, and a win-win for our fashion ecosystem of shoppers and partners as we move forward as part of ZOZO Group. Our space is evolving fast, and we share a vision with ZOZO to build a better, brighter future for the industry, using AI and technology. With ZOZO’s scale, expertise and support, Lyst will be in an even stronger position to reimagine fashion discovery online,” Emma McFerran, Lyst CEO.