Cudoni, a luxury resale platform backed by eBay, announced its shutdown earlier this week, citing the economic climate as the reason for its unfeasible operations. This has raised concerns about eBay’s potential to gain market share in the used luxury sector. However, in its latest...
Back in January, Cudoni, a startup based in London, added eBay to its roster of investors with a $9 million fundraise. Today, the company no longer exists. The company stated that the present economic situation has made it unfeasible to continue its operations. The move...
Investors see an opportunity to expand a VIP service in the growing luxury resale space. Cudoni, a United Kingdom-based luxury resale platform, has raised 7.5 million pounds (about $9.25 million) from eBay’s venture arm and existing investors, The Business of Fashion reported Monday (Jan. 23). “It is an outstanding...
October 12, 2023
London-based luxury resale platform Sign of the Times, has recently received new investment from industry leaders, including BrandAlley and Sweaty Betty founder Tamara Hill-Norton. This investment round will enable Sign of the Times to expand its operations in the second-hand market. The partnership with BrandAlley will involve a white label “take back service,” aligning with BrandAlley’s commitment to […]
January 23, 2023
Investors see an opportunity to expand a VIP service in the growing luxury resale space. Cudoni, a United Kingdom-based luxury resale platform, has raised 7.5 million pounds (about $9.25 million)...
