Yesterday we learned that Global Fashion Group has received €300M in a round led by the giant Rocket Internet, which wants to consolidate its "fashion" division. In Spain is also investing in online fashion startups, in recent months, in addition to the purchase of Privalia by Vente-priveeWe have identified several companies in the fashion world in niches such as childrenswear and menswear that have received funding, such as Offemily and Fashiop.
Rocket Internet raises another 300 million for its fashion platforms
Global Fashion Group, the German company's holding company that brings together platforms operating in emerging markets such as Dafiti, Lamoda, o Zalora, has raised 300 million euros in a financing round. The transaction has valued Global Fashion Group at 1 billion euros.
This is the second round that Global Fashion Group has closed in a year, after raising another €150M in April 2015. Those responsible for this new capital injection are Rocket Internet, which has paid €100M and the Swiss investment group Kinnevik, which already had stakes in the platform.
Idodi invests in Offemily
Venture capital Idodi Venture Capitalwhich is led by the investor Marc Vidal and Carlos Guerrero and whose partners include prominent people such as: Carlos Blanco, Daniel Lacalle, Risto Mejide or Marc Ros, has just invested in Offemilythe multi-brand children's fashion marketplace.
Offemily is the national leader in multi-brand Children's Fashion eCommerce, and is in the process of reinventing the distribution process: with the support of the largest distribution groups in the sector, it has launched a B2B2C (Business to Business to Customer) model thanks to which it optimises the stock of retailers and distributors, offering them a network connection that allows them to sell through its platform. In addition, it sells its own stock of the main brands, thanks to the agreements it has negotiated, without having to buy in advance.
The investment has been made through the platform Startupxplore and raised 120% of the planned fundraising capital.
Fashiop opens a ¤90,000 funding round to boost growth through Crowdcube
Fashiop opens its capital. The company, which offers a service of personal shopper onlinefor men, has launched a funding round of 90,000 euros through the CrowdCube platform. In the first two days, the company has already raised around 20,000 euros in the round, with a maximum contribution of 4,000 euros.
The company has more than 200 registered users to whom it offers advice via telephone or Skype. After the interview, the start up sends several garments to the customer's home according to their tastes and budget, and the user has five days to decide which items to buy and which to return for free.
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Vente-privee buys competitor Privalia
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