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Refash

From Wikipedia, the free encyclopedia
Refash Pte Ltd
Company typePrivate
IndustryRecommerce
Founded2015
FounderAloysius Sng
HeadquartersSingapore and Malaysia
ProductsClothing
Websiterefash.sg

Refash is a Singapore-based fashion re-commerce platform for women to buy and sell preloved clothing. It runs an omni-channel model, with 6 physical stores in Singapore and Malaysia.

History

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Refash was founded in September 2015, by Aloysius Sng.[1]

Started off as a retail outlet in City Plaza,[2] REFASH grew into a start-up launched in January 2016.[3]

Refash is a graduate of SPH Plug and Play accelerator programme.[4] In September 2016, REFASH raised a $400,000 seed funding. The round was led by Singapore's Tri5 Ventures, and joined by Malaysia-based Tinkbig Ventures, and an unnamed angel investor.[5]

In June 2017, Refash launched its online site at refash.sg where sellers self-list their clothing.

Overview

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Refash is a platform for women to sell and buy preloved items, ranging from fast fashion clothing to designer handbags.[6] Brands include fast fashion brands like Zara, Topshop, Forever 21, H&M, and local brands like Ohvola, MDS and Love, Bonito.[7] Refash handles all buyer enquiries, packaging, shipping, payments and returns on behalf of sellers, and provides image enhancement services for its online self-listing platform.[8][9]

References

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  1. ^ Heng, Melissa (10 November 2016). "Check out these fashion gems tucked away in strata-titled malls". The Straits Times. Retrieved 22 July 2017.
  2. ^ "Refash Malaysia opens Kuala Lumpur store". Inside Retailing. 13 March 2017. Retrieved 22 July 2017.
  3. ^ "Local fashion start-up hopes to make buying and selling second-hand clothes cool again". AsiaOne. Retrieved 22 July 2017.
  4. ^ Chng, Grace (20 June 2016). "Start-ups get leg-up from SPH Plug and Play accelerator programme". The Straits Times. Retrieved 22 July 2017.
  5. ^ Tegos, Michael. "Singapore's Refash raises seed funding from Tri5 Ventures". Tech in Asia. Retrieved 22 July 2017.
  6. ^ Min, Chia Yan (9 January 2017). "Go big or go home? Not for these e-commerce start-ups". The Straits Times. Retrieved 22 July 2017.
  7. ^ Chia, Lianne. "Bursting at the seams: Singapore's cast-off clothing". Channel NewsAsia. Retrieved 22 July 2017.
  8. ^ "Refash giving new life to used fashion". Inside Retailing. 20 June 2016. Retrieved 22 July 2017.
  9. ^ Hartung, Richard. "Making money from your closet". Today. Retrieved 22 July 2017.