Temple Library is expected to become the largest provider of financing luxury goods

Source: Internet
Author: User
Keywords Luxury goods investment funds Milan station direct mail
Tags business business development development direct direct mail e-commerce industry financing information

Downturn in their own fight. The same is a luxury third-party platform business, while the Milan station major losses, while the temple came yesterday will receive the largest industry-sector financing news.

It is reported that a new round of financing for the domestic luxury e-commerce temple library has been "almost completed," the investor may be foreign capital, the amount will set a new record in the history of the luxury e-commerce industry. However, the specific amount of financing was not disclosed. Temple Bank business development responsible person said it is not convenient to disclose information, but this week will issue a formal response to financing.

In the field of luxury e-commerce, the industry claims to be a "burn money" battlefield. Prior to this, luxury goods business show network has received $ 100 million in round B financing and set a maximum amount of industry financing. Temple Bank has also experienced three rounds of financing, the amount is in the tens of millions of dollars level, the most recent in August last year, the amount reached tens of millions of dollars. Its front-run investors include Intime Capital of France, IDG Capital of the United States, Bertelsmann Asia Investment Fund of Germany and Auchan Family Fund of France.

However, even after several rounds of financing, the living conditions of the luxury goods e-commerce industry as a whole nowadays are not satisfactory. Earlier this month, Hong Kong second-hand luxury retailer Milan Station early warning of interim results will be "major loss", but also replaced the CEO candidate last week. Within two years, plus call haha ​​network, Jiapin network, product network and network have been collapsed as many as four.

Temple Library CEO Lee 日学 not long ago when interviewed by the media had said that the luxury goods business must cross the lifeline of supply and consumer trust. Previously, Temple Library has also shifted from the second-hand luxury consignment business to do a major new luxury sales. In this regard, analysts pointed out that a new round of financing Temple will be in the supply of goods to make a fuss about the competitive advantage. Earlier this month, Temple Bank has announced the opening of direct mail overseas business through the establishment of overseas branches in Milan, New York, Tokyo, Hong Kong to direct mining seasonal new products.

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