Dressingz
Financials
Estimates*
USD | 2023 |
---|---|
Revenues | <1m |
Date | Investors | Amount | Round |
---|---|---|---|
* | N/A | €300k | Angel |
* | €300k Valuation: €3.5m | Seed | |
Total Funding | $660k |
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Recent News about Dressingz
EditDressingz.com is a startup operating in the sustainable pre-owned luxury fashion market. The company provides a platform for buying and selling second-hand designer items, including bags, clothing, and accessories from high-end brands like Chanel, Gucci, Louis Vuitton, and Vetements. Dressingz.com caters to fashion-conscious individuals who are interested in refreshing their wardrobes in an eco-friendly and cost-effective manner.
The business primarily serves a community of fashion enthusiasts who value sustainability and are looking for high-quality, pre-owned luxury items. The market it operates in is the second-hand luxury fashion sector, which has been growing due to increasing awareness of environmental issues and a shift towards more sustainable consumption patterns.
Dressingz.com follows a peer-to-peer business model, where users can list their pre-owned luxury items for sale and other users can purchase them. The platform ensures that all transactions are secure by partnering with NETOPIA, a leading 3D secure payment platform in Romania. This partnership guarantees that payments are safe and that sellers receive their money quickly once a transaction is completed.
The company makes money by charging a commission on each sale made through its platform. This commission-based revenue model aligns the company's interests with those of its users, as both parties benefit from successful transactions.
In summary, Dressingz.com is a sustainable pre-owned luxury fashion community that facilitates the buying and selling of designer items. It serves environmentally conscious fashion enthusiasts and operates in the growing second-hand luxury fashion market. The company ensures secure transactions and earns revenue through sales commissions.
Keywords: sustainable, pre-owned, luxury, fashion, designer, eco-friendly, second-hand, secure transactions, peer-to-peer, Romania.