According to data from the prestigious Kantar Worldpanel, online fashion sales in Spain grew at a dizzying rate of 32% in 2013, increasing its customer base by 600,000 new buyers. Last year, 3,100,000 Spaniards bought fashion online. Corporate investors know this and have not wanted to miss the opportunity.
Spanish companies that have received funding
In the last two years, many companies in the sector have received funding, including the large number of investors that have come to thea round, E-shop VenturesThe group is made up of Mimub.com (Decoration), Mamuky.com (Children), Matby.com (Men's fashion), Molet.com (Women's fashion) and Expirit.co.uk (Gourmet), which last June closed its first round of financing to expand internationally and launch its mobile application.
It has also received funding this June 2014 the TV cabinet9M from Atresmedia (Antena 3) and others. investors.
"Among the most active investors in the sector in our country we find Cabiedes, that last year 2013 has made several rounds in 7 companies related to fashion e-commerce and it seems that in this year 2014 its investment activity The sector will continue to go from strength to strength, one of the last operations it carried out was an investment in the company ChicfyThe group's online fashion marketplace where any girl can buy and sell the clothes from her wardrobe that she no longer wears," says Diego Gutierrez, an expert in alternative financing for the group. Abra-Invest.
Fashion E-commerce worldwide
But this trend of growing investor support for fashion e-commerce is not just a Spanish phenomenon; analysing the data from 2008 to 2013, the number of e-commerce companies in Spain has increased from rounds in the e-commerce fashion sector has soared from 8 operations in 2008 to 96 in 2013.
It should also be noted that there are several companies that have received a fairly high number of rounds, such as Beyond the RackThe online retailer, which offers designer clothing at 80% discount, has raised 6 rounds of funding since its formation in 2009. The last of these was in 2013 when it received $25M.
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