
Fashionette
Germany's largest online portal for luxury bags and accessories to buy or rent.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
N/A | €0.0 | round | |
investor | €0.0 | round | |
N/A | €0.0 Valuation: €0.0 1.9x EV/Revenue 32.0x EV/EBITDA | round | |
* | N/A | Post IPO Equity | |
Total Funding | 000k |
EUR | 2016 | 2017 | 2018 | 2019 | 2020 |
---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
% growth | - | 20 % | 17 % | - | 43 % |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
% EBITDA margin | - | - | - | - | 6 % |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
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In 2008, Fashionette was founded in Düsseldorf, Germany, by Sebastian Siebert and Fabio Labriola. The company began with a simple yet ambitious vision: to make luxury handbags accessible to a broader audience through an online platform. This innovative approach allowed customers to explore a curated selection of high-end fashion items from the comfort of their homes.
Fashionette quickly gained traction, appealing to fashion enthusiasts who appreciated the convenience and variety offered by the platform. The company's growth was fueled by its ability to adapt to changing consumer preferences and its commitment to providing an exceptional online shopping experience.
While specific details about major funding rounds or acquisitions are not readily available, Fashionette's journey reflects a steady climb in the competitive world of online luxury retail. The company's focus on customer satisfaction and its strategic expansion into new markets have been pivotal in its success.
Today, Fashionette stands as a testament to the power of e-commerce in the fashion industry, continuing to thrive by offering a diverse range of luxury products to a global audience. The founders' vision of democratizing luxury fashion has not only transformed the way people shop for high-end items but has also solidified Fashionette's position as a leader in the online luxury retail space.
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