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.
