Existing shareholder Zalando increased its stake in the fashion e-commerce network, contributing an undisclosed amount to its latest funding round.
UK-based fashion network operator Anatwine closed a $12m funding round on Wednesday that included e-commerce company and existing shareholder Zalando.
Founded in 2013, Anatwine runs an online network that connects and integrates fashion and apparel brands with global fashion e-commerce platforms, allowing the latter to expand their product lines with clothing from new suppliers.
The company claims it has increased its annual like-for-like revenue by over 400% and is increasing its monthly sales by more than 40%. It has not…
