Online fashion marketplace Trouva pauses trading and hunts buyer
Online fashion marketplace Trouva pauses trading and hunts buyer
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Trouva, an online marketplace for fashion boutiques, is calling a halt to trading while it explores its fourth sale in less than three years. Sky News understands that the current owners of Trouva, which was founded in 2013, are working with the accountancy firm RSM to find a buyer. Trouva is now owned by Project J alongside Fy!, a home and living marketplace which is unaffected by the sale process. Money blog: What you need to know if something goes wrong on Vinted.
The company offers a platform for independent shops and boutiques which do not have an online presence to sell their products. A source close to the company said it had taken the decision to pause orders and sales during the search for a new owner in order "to protect customers and sellers". Follow our channel and never miss an update. Since 2022, Trouva has been owned at various points by Made.com, which itself subsequently collapsed, then briefly by Next, and then a vehicle called Re:store.
Basic questions unanswered by Shein at Business and Trade Committee despite firm eyeing London listing. Fashion designer Jean Pallant reunited with long-lost garment after Oxfam charity shop find. 'I was not in control': Naomi Campbell defends her role after she was banned from being charity trustee. It was acquired by Project J last year. Be the first to get Breaking News. Install the Sky News app for free.
