Fashinza, a B2B supply chain marketplace for fashion brands, raises $100M
TechCrunch
MAY 17, 2022
. “Even though brands were marking up their retail price at 75% to 80% margins, they were still making only around 8% to 10% profits and losing money due to high inventory wastage or going out of stock. They] struggled with … opacity due to multiple middlemen and their manufacturers being thousands of miles away.”
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