
The Next Closet
A marketplace and community platform for designer fashion.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor investor | €0.0 | round |
investor | €0.0 | round | |
investor investor investor | €0.0 | round | |
N/A | €0.0 | round | |
€3.0m | Series A | ||
Total Funding | 000k |
USD | 2021 | 2022 | 2023 |
---|---|---|---|
Revenues | 0000 | 0000 | 0000 |
% growth | - | - | (88 %) |
EBITDA | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
Related Content
The Next Closet operates as an online marketplace specializing in pre-owned designer fashion. The company serves fashion-conscious consumers who seek high-quality, second-hand designer items at more affordable prices. Operating primarily in the European market, The Next Closet offers a wide range of products including clothing, shoes, bags, and accessories from renowned brands such as Gucci, Louis Vuitton, and Prada. The business model is commission-based, earning revenue by taking a percentage of each sale made through its platform. This approach not only promotes sustainable fashion by extending the lifecycle of luxury items but also provides a cost-effective alternative for consumers looking to purchase designer goods. The platform features a curated selection, ensuring that only high-quality, authentic items are listed, which enhances customer trust and satisfaction. Additionally, The Next Closet engages with its community through a blog and partnerships with boutiques and famous sellers, further enriching the shopping experience.
Keywords: pre-owned, designer fashion, marketplace, luxury brands, sustainable fashion, European market, commission-based, curated selection, high-quality, authentic items.