Kering takes 5% of the collective cloakroom unicorn<

Collective cloakroom joins the cenacle of French unicorns (they are a dozen), these start-up companies valued more than a billion euros.The specialist in second -hand luxury items has just raised 178 million euros from the Luxury group Kering (Gucci, Saint Laurent, Balenciaga, Alexander McQueen ...) and the Tiger Global Management fund.Kering participates in this fundraising up to around fifty million euros.It thus offers 5 % of the collective cloakroom capital, alongside historical founding investors (including Maximilian Bittner, his CEO), Bpifrance, Condé Nast or even Eurazeo.

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The Covid crisis benefited the second -hand site.Its volume of transactions, kept secret, increased by 100 % in 2020, while the number of its users has increased from 9 to 11 million members."But the covid is only an accelerator," says Maximilan Bittner, the CEO of collective cloakroom.The growth of second -hand purchases is a ...

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