Fast-growing South African venture FARO raises $6M to source, refurbish and sell surplus clothing | TechCrunch
Briefly

"African markets lack the economic capacity to support full-price retail stores for brands like Calvin Klein, Tommy Hilfiger, and Zara. However, the desire for authentic products on the continent persists."
"FARO collects these items and restores them using its facilities equipped with industrial laundries, steam tunnels, and affordable labor. This approach prevents waste while enabling the startup to buy inventory at ultra-low prices..."
Read at TechCrunch
[
|
]