Under Reports It Will Close, Fab Pushes Back

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Fab has had a tough couple years. With multiple rounds of layoffs, the departure of their co-founder, scaling back European operations, and inventory liquidation, Valleywag reports that the company might not even make it to 2015. Fab CEO Jason Goldberg denounced the rumors on Twitter, saying there's plenty of cash in the bank and a solid plan. Personally, we're digging the pivot to custom furniture and promising One Nordic acquisition.

Fab.com Is Probably Dead This Year | Valleywag
Fab Pushes Back Hard Against Reports That It's Closing Shop | Ad Week

(Image credits: Fab)

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Tara is Apartment Therapy's Assistant Editor & Social Media Manager. When not living in 140 characters, you'll find her thrift shopping around Boston, canning, and Instagramming photos of cats.