The Luxury Closet is GCC’s leading Dubai-based luxury marketplace to buy and sell authentic designer items.
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.
Anum Naseem Akhtar
Head of Product
Ruwan Manjule Silva