Key Takeaways:
- Valentino raised 1.7 billion euros in a secondary market funding round
- Fashion and luxury brand Valentino operates online boutiques and showrooms
- Funding round led by Kering, marked Valentino’s second significant funding round
- Total funding amount now stands at 2.482 billion euros
Noted fashion and luxury brand Valentino recently secured a considerable investment in a secondary market funding round, raising 1.7 billion euros. The Crunchbase link provides more detailed data on the company’s financing history.
The fundraising round was led by investor Kering, making this the second major funding round for the Italy-based e-commerce powerhouse. With these new funds, Valentino’s total funding amount now stands at a staggering 2.482 billion euros.
Valentino operates a network of online boutiques and showrooms, bringing high fashion and luxury products to consumers worldwide. The company has a significant presence in Italy, Texas, the United States, and North America.
This recent fund-raising round, dated July 27, 2023, highlights the growing impact of online platforms for luxury and fashion brands, and the increasing investor interest in these ventures.
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