Polyvore is shutting down after being acquired by fashion retailer Ssense | Forum

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megan
megan Apr 19


Polyvore is shutting down after being acquired by fashion retailer Ssense
Screen Shot 2018-04-05 at 11.24.52 AM

Montreal-based fashion site Ssense is acquiring Polyvore from Verizon’s Oath, but the site will not live on. Ssense  has already shut down the Polyvore site, taking its user data and redirecting traffic from the site’s main URL.

Hair-splitting note: Ssense has acquired the assets of Polyvore but not the entity itself. This means that Ssense didn’t actually shut down Polyvore, it just lives on as Ssense, though that’s largely a matter of language. Users are being given a window of time that lasts through May 15th to download their data.

Terms of the deal were not disclosed.

Polyvore was previously owned by Oath, a Verizon subsidiary which also owns TechCrunch. Yahoo acquired the Pinterest-like social commerce site back in 2015 in the midst of Marissa Mayer’s tenure. According to Recode, Yahoo paid as much as $200 million for the fashion site. While things largely kept moving in the same general direction after the Yahoo acquisition, it appears that Ssense sees more value in redirecting the Polyvore community to the Ssense domain rather than continuing to deal with upkeep.

Ssense is a site largely focused on online retail for designer streetwear, though the site also seems to produce quite a bit of original content as well. Though they don’t seem to have a major tech component to their platform, the fast-growing fashion site will obviously benefit from having access to the data of an online community that kept fashion trends at the core of its product.

SSENSE@SSENSE

The secret’s out—@polyvore is now SSENSE. We’re excited to share our directional collection of the most coveted labels in the world. Thanks for joining us. http://ssen.se/2GUiAqZ 

6:41 PM - Apr 5, 2018
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In a blog post, the Polyvore team noted that as of today, the company’s website will discontinue operations, redirecting to ssense.com and that the Polyvore apps will no longer be supported. Users can request to download their data from the service here, they’ll have until May 15, 2018 to download it or opt out of sharing it with Ssense. Otherwise, Ssense is going to gain access to the account info of Polyvore’s userbase.

This is a pretty rough ending for the fashion site, which joins a host of other Yahoo startup acquisitions that were mismanaged or ultimately just mistakes.

on-my-way-to-broadway
I didn't just lose a creative outlet-- I lost a global community of friends and family. We were friends, fangirls, family. Now, all of that is gone. Thanks, SSENSE, for taking away the one place that I actually felt like I had a home in. The one place where I actually felt like I really, truly mattered.