Lesara news and archive

German fashion startup Lesara files for insolvency

German online fashion and lifestyle products startup Lesara has filed for insolvency at its headquarters in Berlin. The company’s co-founder for insolvency proceedings in self-administration for Lesara AG and logistics subsidiary Lesara Logistics at the district court of Berlin-Charlottenburg. All major expenditures and decisions must now be...

Member

Report

German fashion e–tailer Lesara secures 40 million dollars in funding

The German online fashion and lifestyle retailer announced Tuesday a 40 million dollars funding round led by new and existing investors in the U.S. and U.K. The venture capital will be dedicated to fuel the retailer's expansion into Sweden, Denmark, Spain, Belgium, and the UK. As highlighted by the company, this round brings total funds raised...

Member

Report

Lesara annual sales jump 175 percent

Lesara, an online platform offering affordable fashion posted a 175 percent rise in revenues and 1.5 million active customers across Europe against the past year. The company said that the range of products also expanded in the last few months and currently comprises over 70,000 products. "Lesara is steadily developing into a leading global...