The Luxury Closet Revenue and Competitors

Dubai, UAE

Location

N/A

Total Funding

Consumer

Industry

Estimated Revenue & Valuation

  • The Luxury Closet's estimated annual revenue is currently $69.6M per year.(i)
  • The Luxury Closet's estimated revenue per employee is $276,100

Employee Data

  • The Luxury Closet has 252 Employees.(i)
  • The Luxury Closet grew their employee count by -2% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$44.2M1606%N/AN/A
#2
$2719.5M773918%N/AN/A
#3
$118.6M3784%N/AN/A
#4
$1.5M10-17%N/AN/A
#5
$69.6M252-2%N/AN/A
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What Is The Luxury Closet?

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. We are backed by investors like Middle East Venture Partners, Wamda Capital, Two Four 54 - Abu Dhabi, and Dubai Silicon Oasis Authority who are helping us create an amazing company. Please visit www.theluxurycloset.com or download our app to find out more!

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N/A

Total Funding

252

Number of Employees

$69.6M

Revenue (est)

-2%

Employee Growth %

N/A

Valuation

N/A

Accelerator

The Luxury Closet News

2022-04-17 - Second-hand should be 'first', believes Reluxable's Marie-Hélène ...

What motivated you to start a business involving luxury ... including The Luxury Closet based in Dubai, Lampoo based in Milan and What Goes...

2022-04-13 - 11 best online vintage clothing and thrift stores to shop in 2022

The Luxury Closet has vintage finds for both men and women spanning the accessory and clothing scenes. Don't mind us while we go find our...

2022-04-06 - Join Harper's Bazaar Saudi Tonight for An Exclusive Talk with Stylist ...

... And Zeina Azzam From The Luxury Closet at Nine By Lift In Riyadh ... The exhibit doubles as a pop-up shopping event with a selection of...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$56.4M254-2%N/A
#2
$71.8M257-3%N/A
#3
$80.8M27211%N/A
#4
$81.1M273-1%N/A
#5
$48.4M2759%N/A