Tech News Summary:
- OSKELLY is expanding into the UAE to revolutionize the country’s fashion landscape with a reinvestment of $1 million.
- As part of its expansion, OSKELLY is introducing an omnichannel fashion apparel ecosystem for luxury resale in the MENA region, with a focus on promoting sustainability and authenticity.
- The Middle East fashion industry market is estimated at $89 billion, presenting a huge opportunity for platforms like OSKELLY to make its mark in the industry.
OSKELLY, the leading online fashion resale platform, has announced its expansion into the United Arab Emirates (UAE) as it aims to tap into the lucrative $89 billion fashion resale market in the region.
With the UAE being a global fashion hub and home to a thriving luxury fashion market, OSKELLY sees tremendous opportunities for growth and success in the country. The company’s entry into the UAE market is part of its strategic expansion plan to establish a strong presence in the Middle East and capitalize on the growing demand for sustainable fashion practices.
OSKELLY offers a curated selection of pre-owned luxury and designer fashion items, catering to the growing trend of conscious consumerism and the desire for more sustainable fashion choices. By providing a platform for users to buy and sell high-quality second-hand fashion items, OSKELLY is contributing to the circular economy and promoting the concept of fashion resale as a sustainable and environmentally friendly alternative to traditional retail.
The fashion resale market in the UAE has been experiencing rapid growth, driven by an increasing awareness of sustainable fashion practices and a growing appetite for luxury resale items. With the region’s high fashion consciousness and disposable income, the demand for pre-owned luxury goods is at an all-time high, making it an ideal market for OSKELLY’s expansion.
Speaking about the company’s expansion, the CEO of OSKELLY expressed his excitement about entering the UAE market, stating that the company is committed to offering a premium and seamless shopping experience to fashion enthusiasts in the region. He emphasized the company’s dedication to promoting sustainable fashion and reducing the environmental impact of the fashion industry.
OSKELLY’s expansion into the UAE is expected to bring a new dimension to the region’s fashion retail landscape, providing consumers with access to a wider range of luxury fashion items while contributing to the global effort towards a more sustainable and eco-friendly fashion industry. With the company’s innovative approach to fashion resale and its commitment to quality and authenticity, OSKELLY is well-positioned to make a significant impact in the UAE and beyond.