The Luxury Closet is GCC’s leading Dubai-based luxury marketplace to buy and sell authentic designer items.
Launched in 2012, The Luxury Closet is GCC’s leading Dubai-based luxury marketplace to buy and sell authentic designer items like handbags, clothes, watches, and jewelry. We feature top tier luxury brands like Louis Vuitton, Chanel, Cartier, and Rolex which never go on sale at discounts up to 70% off.
The Luxury Closet is paving its way to disrupt the world of luxury retail. Bain &Co estimates that there is $500 Billion worth of re-sellable luxury items in consumer’s closets, and nonetheless, each year consumers buy nearly $300B more of them.
The Luxury Closet was started by Kunal who comes from fashion goods industry. He had previously worked for Louis Vuitton as a Retail Sales Manager for the MENA region.
In September 2016, the company raised its $7.8 Million Series B financing led by Wamda Capital along with MEVP, Arzan VC and other regional investors.
Team
Kunal Kapoor
CEO
Anum Naseem Akhtar
Head of Product
Ruwan Manjule Silva
CTO