Imran Amed, founder and EIC of Business of Fashion, has just revealed that the publication is partnering with The Financial Times. In a letter to the BoF community, he explains that the FT —along with existing investors — is leading a Series B funding round.
“Our new partnership with the FT is more than a simple investment,” Amed writes. “It will enable us to accelerate the growth of our global community, which currently numbers five million people in more than 190 countries around the world, including more than 600,000 email subscribers, 35,000 paying members and over 500 corporate partners.”
“We have always admired the FT’s commitment to high quality journalism, its global perspective and its pioneering business model rooted in digital subscriptions,” he continues. “We regularly reference the FT as a benchmark in our editorial meetings, product meetings and commercial meetings. Now, this partnership will enable us to learn directly from the FT and work together to realize BoF’s mission and create the world’s largest community of fashion professionals.”
Amed first founded Business of Fashion as a blog in 2007.