Caastle seems to start playing fashion in trouble

Caastle seems to start playing fashion in trouble

Caastle, a startup launched in 2011 as a subscription service in plus clothing and In 2018, it became the inventory liquefaction platformHe faces financial difficulties, Intuitive reports.

AXIOS reported that the company has almost resigned money, and CEO Christine Honsker has resigned, and the application of law has been achieved in alleged financial misconduct, noting a leaked letter from the council.

Caastle did not immediately respond to the comment. Teccrunch has noticed a Caastle working panel currently saying it He has no open rolesOften a negative sign of starting start.

Caastle raised more than $ 530 million, although it raised the last $ 43 million in 2019. Although this may be a more involved explosion than most startups ever, experts told Techcrunch that that 2025 on the right path to be another brutal year For failed emerging companies.

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