Analysis

May 2, 2019

Otrium takes on fashion’s excess stock problem

Getting rid of unsold fashion stock is a €30bn market in Europe. This Dutch company wants to help brands do it better — and just raised €7m to do so.


Maija Palmer

2 min read

Photo by Daniel von Appen on Unsplash

Excess stock is a problem for fashion retailers. They have to sell it at the end of the season on sale or through outlet stores or flash sales companies such as Vente Privee — usually for a severely knocked down price.

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Otrium box with laptop
Photo from Otrium
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