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DUBAI – High-end fashion resale platform The Luxury Closet has secured US$14 million via its latest funding round, which will be used to scale its operations. 

The Dubai-based business has teams in five countries and serves more than 80 countries around the world, capitalising on growing appetite among consumers for pre-owned apparel.

What we are excited about most is leading the industry to a more sustainable and environmentally friendly future,” said CEO and founder, Kunal Kapoor.

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