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.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the The Paypers website, they in no way represent the opinion of The Paypers.