Friday, November 21, 2014

Online B2B apparel marketplace ordre.com launched

News this week: A new international B2B e-commerce platform, Ordre.com, was recently launched by Hong Kong-based The Lock Group featuring ready-to-wear apparel collections. Participation as a retail buyer on Ordre.com is by invitation only. The platform does not publically list its buyer network.

The Lock Group was founded in Australia in 1989. The company’s business portfolio includes organising annual apparel industry events in Australia and around the Asia-Pacific region. The sourcing platform currently features apparel from more than 20 fashion designers, including Chalayan, Emilia Wickstead, House and Holland and Jason Wu. The platform expects to feature apparel from around 60 designers in the near-term future.

Ordre.com is reportedly backed financially by a team of early-stage investors led by Michael Alexander, CEO of investment firm Jefferies Hong Kong Ltd. The investors are expected to contribute a total of US$10 million in this round of funding.

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