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Men's Online Fashion Brand Frank & Oak Raises $15 Million

Frank & Oak, a Montreal-based company that designs its own line of men’s clothing and sells it online, has raised a Series B investment of $15 million. Goodwater Capital, a new venture firm, led the round. Frank & Oak’s retail model includes a $55 annual subscription that gives shoppers free shipping and returns and a four percent store credit on every purchase.

This article originally appeared on Recode.net.

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