Luxury Closet
 | The topic of this article may not meet Wikitia's general notability guideline. |
| Industry | luxury fashion and accessories |
|---|---|
| Founded | 2011 |
| Headquarters | Dubai, United Arab Emirates |
| Website | [// ] |
Luxury Closet is an online marketplace that specializes in the buying, selling, and consigning of luxury fashion and accessories.[1][2] The company was founded in 2011, and is headquartered in Dubai, United Arab Emirates[3] and has worldwide presence.[4] [5]
In 2018, the Luxury Closet raised US$8.7 million in growth funding in a round led by existing investors Middle East Venture Partners (MEVP) along with participation from Wamda Capital, Precinct Partners, Tech Invest Com, Saned, and Equitrust.[6] [7]. Huda and Mona Kattan, founders of Huda Beauty, became investors in the company in 2020.[8]
The Luxury Closet is available online and in-store at Dubai Marina Mall.[9]
References
- ↑ "Luxury Meets Thrift for Dubai Startup raising Funds to Go Abroad". Bloomberg. Bloomberg. 16 June 2021. Retrieved 31 January 2025.
- ↑ "The Luxury Closet launches Celebrity Closets in new sustainable luxury push: Shop from the wardrobes of Mona Kattan, Safa Sidiqqui, Lojain Omran & more". Arabian Business. Arabian Business. 21 January 2025. Retrieved 31 January 2025.
- ↑ "Article: This Startup Connects UAE Shoppers With The (Preowned) Luxury Goods Of Their Dreams". Forbes. Forbes. 3 May 2017. Retrieved 28 January 2025.
- ↑ "Resale marketplace The Luxury Closet launches in the UK". Fashion United UK. Fashion United UK. 12 July 2022.
- ↑ "Resale marketplace The Luxury Closet enters European market". Yarns and Fibers. Yarns and Fibers. 13 July 2022. Retrieved 31 January 2025.
- ↑ "Dubai-based Luxury Closet raises $14m for thrifty lovers of luxury". Arab News. Arab News. 16 June 2021. Retrieved 31 January 2025.
- ↑ Warrier, Ranju (30 July 2018). "The Luxury Closet Bags $8.7 M In Growth Funding From Investors Led By MEVP". Ranju Warrier. Forbes Middleeast. Retrieved 29 January 2025.
- ↑ Abbas, Nermeen (1 September 2020). "Huda Beauty Investments Participates In Ongoing Capital Raising Round For The Luxury Closet". Forbes. Forbes Middleeast.
- ↑ "Interview: The Founder Of The Luxury Closet On Sustainable Fashion, Vintage Treasures and Luxury". Tabitha Jane Glaysher. Harper's Bazaar. 17 November 2019. Retrieved 28 January 2025.
External links
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