According to Ecommerce News Europe, Otrium will use the funds to further expand its platform. The company’s mission is that fashion brands can still earn money by selling excess inventory. Therefore, consumers get access to the leftover stock of upcoming and well-known fashion brands, via the online platform. Besides, Otrium offers smart pricing tools to help the sales process of the clothing and accessories. In addition, the platform also takes care of storage and shipping for the affiliated fashion brands.
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