MILAN — Italian trend consignment market Lampoo continues its race to change into the European chief within the secondhand phase.
The start-up, which was established in March 2020, has simply closed its second spherical of funding, gathering greater than 6 million euros from traders primarily working within the trend and life-style companies.
“We are very proud of the results of this second round, which will enable us to make significant investments to continue to grow,” mentioned Enrico Trombini, who was the business director at Veepee earlier than embarking on this mission.
According to the digital entrepreneur, the investments shall be primarily centered on 4 areas.
“First of all, we want to implement our digital platform to make it more and more user friendly, in this phase especially for the sellers, introducing new functionalities,” Trobini defined, including that the corporate, which employs 20 folks, goals to introduce 10 new positions. “And, finally, we can make important investments in marketing, which is crucial for our business.”
In addition, Trombini mentioned that, because of this profitable second spherical of investments, Lampoo will be capable to develop its bodily retail presence in Milan by opening a bigger retailer. The firm in December inaugurated a store within the metropolis’s Brera district. “We are already considering bigger locations, where we can deliver a more engaging shopping experience. We want to maintain our positioning in the luxury segment, but at the same time we aim to create a retail concept that reflects our values.”
Inspired by The RealReal and peer-to-peer companies comparable to Vestiaire Collective, Lampoo picks up the merchandise on the sellers’ places, handles the picture shoots and pricing and ships to these buying the gadgets. “We will also implement technologies to facilitate the processing of images and pricing, while the evaluation phase will continue to be executed by our team,” Trombini mentioned.
The government added that Lampoo expects to triple its enterprise in 2021, in comparison with the earlier yr.
Depop’s Sale to Etsy Highlights Secondhand Market Boom
Secondhand Market May be Twice the Size of Fast Fashion by 2030, Says ThredUp
Is Trading Pre-Owned Luxury the New Consignment?