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Lyst.com receives £3.2m investment

Lyst.com, a website which notifies users when their favourite items are going on Sale, has received £3.2m of investment from a venture capitalist firm.

The website received the money, which was raised in a round of funding led by venture capital firm DFL Esprit, to finance its expansion. It will now aim to increase the number of fashion houses and retailers signed up to the site reports the Mail on Sunday.

Lyst.com, which launched in April last year, collates the inventories of fashion brands and retailers and allows users to add their favourite items to a ‘lyst’ and are then be notified when they go on Sale.

Brands currently signed up to the website include Gucci and Alexander McQueen and retailers including Net-A-Porter, Zara and Topshop.

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