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DateInvestorsAmountRound
-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 Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
USD202120222023
Revenues000000000000
% growth--(88 %)
EBITDA000000000000
Profit000000000000
EV000000000000
EV / revenue00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x
R&D budget000000000000

Source: Dealroom estimates

More about The Next Closet
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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.

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