Cloudset transforms MENA sustainable fashion landscape with innovative re-commerce platform

  • Date: 08-Feb-2024
  • Source: Zawya
  • Sector:Oil & Gas
  • Country:UAE
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Cloudset transforms MENA sustainable fashion landscape with innovative re-commerce platform



United Arab Emirates: Cloudset, a re-commerce platform, aims to transform the MENA region’s fashion industry by fostering a sustainable approach that introduces a visionary dynamic ownership model. To implement the principles of usage-based pricing to fashion retail, Cloudset enables customers to only pay for the period they actively use the apparel, maximizing resource utilization and minimizing waste. With the global re-commerce industry projected to reach $245 billion by the end of 2024, Cloudset stands at the forefront of this movement, capitalizing on the increasing demand for sustainable and eco-conscious fashion solutions. The company integrates resale and rental options, extending the lifespan of clothing, reducing textile waste, and empowering local fashion enthusiasts to embrace sustainable practices without compromising the variety of style options. Unlike traditional re-commerce platforms, Cloudset goes beyond simply reselling pre-loved items: ?ustomers can select the perfect outfit to rent or list their items on the platform in just a few minutes. The company features top brands from Dior and Gucci to Balenciaga and Bottega Venetta, as well as hosts mono brands, including Twinyards, an official partner of select Formula Two and Formula 3, and Yaspis, a Rennaissance tour dressing partner, among others. All inspected by Cloudset’s specialists to