Powered By People Raises Series A to Continue Expansion

Marketplace
Written By Rick Watson

The company’s B2B wholesale platform seamlessly connects buyers in North America and Europe with small-batch producers in more than 70 countries around the world.

The company seems to be wanting to popularize what Shein and other Chinese companies are doing which is a huge network of manufacturers can respond more quikckly to consumer trends than waiting for each season.  This is an approach popularized by Shein which adds several thousand styles to its app each day.  Not that this is sustainable, mind you, but the pace of production is hard to match by a traditional supply chain.  It only makes sense that venture capital would try to replicate this model. The company is targeting the fashion, home goods, and jewelry categories.

The Business of Fashion: Conscious Marketplace Powered By People Raises $13.6 Million

Rick Watson

Rick Watson founded RMW Commerce Consulting after spending 20+ years as a technology entrepreneur and operator exclusively in the eCommerce industry with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes.

Watson’s work today is centered on supporting investors and management teams incubating and growing direct-to-consumer businesses. Most recently, in partnership with WHP Global, Rick was a critical resource in architecting the WHP+ platform, a new turnkey direct to consumer digital e-commerce platform that powers AnneKlein.com and JosephAbboud.com.

Watson also hosts a weekly podcast, Watson Weekly, where he shares an unbiased, unfiltered expert take on the retail sector’s biggest players.

In the past year alone, Rick has spoken at many in-person and virtual events as well as podcasts on topics ranging from retail/ecom to supply chain/logistics and even digital grocery including CommerceNext IRL, ASCM Connect, and Retail Innovation Conference.

https://www.rmwcommerce.com/
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