REBELLE

Designer marketplace concludes Series B financing and gains new investors REBELLE, the online marketplace for second-hand designer fashion, has concluded another multi-million-Euro financing round. New investors in the Hamburg start-up are North-East Venture A/S from Copenhagen and Deutsche Balaton AG from Heidelberg. The existing shareholders, consisting of High-Tech Gruenderfonds (HTGF), HCS Beteiligungsgesellschaft, Hanse Ventures and a number of notable private investors, are also making a

Hamburg start-up consolidates market leadership in Germany REBELLE, the website for second-hand designer fashion, has acquired its direct competitor, Glamloop. In a cash transaction, the Hamburg start-up operating as StyleRemains GmbH has purchased a 100 percent stake in ATK Shopping Solutions GmbH which operates the Glamloop website. This has consolidated REBELLE`s position as the German market leader. Glamloop's activities will be incorporated into the REBELLE brand and website. This will

REBELLE, the website for second-hand designer fashion gained new investors, who are contributing a medium single digit million Euro amount to the Hamburg-based start-up. The existing shareholders, such as Hanse Ventures and High-Tech Gruenderfonds, are also participating in the financing round. REBELLE intends to use the fresh capital to further develop its business in the German-speaking market and drive its internationalisation. "We were particularly impressed by the dynamic and competence

The online market place Rebelle, which was launched in August 2013, is a platform for second hand luxury and designer fashion. Rebelle will use the capital provided by the High-Tech Gruenderfonds (HTGF) to finance the further growth of the company. Sales in the luxury products market are currently on an all-time high, amounting to revenue of € 212 bn. However, the luxury segment is not the only booming market. According to the German trade association, eCommerce is currently growing with a