×
389
Fashion Jobs
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sales Manager (Bihar)
Permanent · Samastipur
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sales Manager (Bihar)
Permanent · Madhepura
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sales Manager (Bihar)
Permanent · Nawada
ARKRAY HEALTHCARE PVT. LTD
Opening For Medical Business Manager(mr)- Delhi Chennai & Bangalore
Permanent · Chennai
TOUCH MOBILES
Wanted Showroom Manager, Sales Exe & Cashiers - Touch Mobiles
Permanent · Khammam
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sales Manager (Bihar)
Permanent · Katihar
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sales Manager(Haryana)
Permanent · Sirsa
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sales Manager (Bihar)
Permanent · Araria
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sales Manager(Haryana)
Permanent · Ambala
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sales Manager(Haryana)
Permanent · Sonipat
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sales Manager (Bihar)
Permanent · Sitamarhi
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sales Manager (Bihar)
Permanent · Buxar
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sales Manager (Bihar)
Permanent · Aurangabad
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sales Manager (Rajasthan)
Permanent · Sri Ganganagar
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sale Manager(Uttarakhand)
Permanent · Dehradun
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sales Manager (Rajasthan)
Permanent · Jodhpur
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sales Manager(Uttarakhand)
Permanent · Pithoragarh
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sales Manager (Rajasthan)
Permanent · Bharatpur
PIRAMAL NEXTGEN INDUSTRIES PRIVATE LIMITED
Business Development Manager / Area Sales Manager - Chennai
Permanent · Chennai
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sales Manager (Rajasthan)
Permanent · Karauli
ENDURANCE TECHNOLOGIES LIMITED.
Area Sales Manager - Aftermarket Division
Permanent · Tiruchirappalli
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sales Manager (Rajasthan)
Permanent · Kota
Published
Aug 22, 2018
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Fashion start-up Threads raises $20m, targets US, Asia growth

Published
Aug 22, 2018

Threads, a London-based fashion start-up pioneering chat commerce, has raised $20 million in series A from C Ventures, which backs Moda Operandi, and Highland Europe, one of Matchesfashion.com’s biggest investors.


Sophie Hill, CEO and founder - Highland Europe


The funding will help the start-up, which currently has 90 employees, hire at least 50 more people this year and open offices in Hong Kong and New York. It comes after four years of strong growth, with sales doubling every year.

Threads is using social media networks including WhatsApp, Instagram, Snapchat and WeChat to help millennials find luxury outfits and accessories. It interacts with customers in a personalised and immediate way, sourcing and delivering clothing, jewellery and accessories to anywhere in the world. To achieve this, it has direct agreements with luxury brands and suppliers so that it can obtain the required products quickly, sometimes in less than half an hour.

Sophie Hill, CEO, said: “People want something that is akin to a retail experience but they want it through their mobiles and they want unparalleled convenience and availability. Social media is already driving much higher levels of brand engagement than traditional digital channels have been able to and we see this increasing in the future, as social becomes the default channel for fashion trends, styling and commerce.”

Tony Zappala, partner at Highland Europe, added: “We are seeing more and more that customers want to shop from their mobile device through channels such as Instagram, Snapchat, WeChat, WhatsApp and so on. This trend is being led by Asia where millennials and Generation Z are rapidly becoming the biggest market. In Threads, Sophie has built a great business which has pioneered this trend and has assembled a team of very high calibre people who are anticipating the way the market will evolve and building a great tech product to serve it.”

The luxury retailer said 70% of its clients are under 35, serving a segment that will account for 45% of global luxury spending by 2025 according to Bain & Co.

In addition to targeting more growth in the US and Asia, the company is working on building AI-powered chat bots.

Copyright © 2021 FashionNetwork.com All rights reserved.