EXCLUSIVE: Mexico’s Trendier invests in Chicfy as part of €1 million deal

Spain

2 min read

Sep 22, 2018

By Emanuela Ferraro

Spain's most popular secondhand fashion marketplace and media darling gets lifeline as it struggles financially to stay afloat

The embattled Spanish used fashion marketplace Chicfy has a new shareholder – its Latin American rival Trendier – following a €1 million emergency capital injection late last month.
Trendier was one of the investors in the funding round, Jesús Monleón, an influential figure in the Barcelona startup scene and an angel investor in Chicfy, told CompassList.
Also as part of the deal, Chicfy's founders, Antonio Ruiz and Laura Muñoz, stepped down from the direction of the firm. Monleón took over the helm as interim CEO.
Trendier...

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Edited by Bernice Tang

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