A Accoona Acoola Adidas adL Adzhedo Agness Ajour Alaroo Alfa Algologie Alla Buone Altyn Solok Alwero Amarti Amazing Toys Limited AN-2 Anastasia Mak ANTA Antonio Juan Apart Apollo Apollo Genio Aquamarine Art Berry Artfox ARYA HOME COLLECTION Astell Ausini AveMod Avenir B B.J.U.wear BABOO BabySpeci Baggini Bambinizon Bambinomania BanBao Bandai BAON Barmariska Batman Beauty Style Benedikt berezai.ka Bernadott Bernadotte Bestway Beverly Kids Bic BIG Bio Delicious Blbr Bodo Bohemia Crystal Bombbar Boomjoy Bossa Nova Bottero Bradex Bradex BranQ Bravo Bronco Button Blue Button Blue C Ca del vetro Carlsbad Casabel Centek Cesare Gaspari Chap Mei Chilai Home Christian Breton Classic by T Classik-T Coccodrillo Coeur De Lion Colgate Confetti Consly Contessa Corny Cosmodrome Games Creative Cristaline Crockid Crunch Brunch Crystalite CS Medica Cubby CuteSunlight Cutie Bear D D&M BY 1001DRESS Dabur DALLAS Davici DeCuevas Delta Depileve deVENTE Dimanche_ Disney Divetro DIVIA Djeco Dojoy Donna Double Trouble Dr.Sea E ecosocks EcoSpace Edison El Casa Elan Gallery Eleganzza Element47 Elizavecca Endever Energy Envy Lab ERGOPOWER Erich Krause Etude-house Eunyul EvaTeks Eze F FABIEN DE FERANTE Famosa Farberry Fianeta Fiato Fiato Dream Finger spinner Fingerlings First fitokosmetik 1 Flioraj FLY Fuzion Max (Toy Plus) G Gala Galaxy Gezatone Giz Home Gleoite Wardrobe Golden Lady Graffiti Grand Caratt GranoLife Greengo GUFFMAN Gulliver H H.L.B Hangfun Happy Bear Hatber Helmidge Herevin HLT Holy Land Home Lux HomeStar Homsu HONYA HTC HTI I IDEA Inesse M Ingreen Interos intikoma IRIT IRYA HOME J JADA Jazwares John Jundo Juno K Kaftan Kaiyu Kamik Kanzler Kativa Kazanov.A. * Mamsy 0-9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 0-9 1001 dress 5.10.15. Russian Tech Giant Yandex Reveals Fashion Growth AmbitionsĪlthough Yandex backed out of a deal to buy fashion e-tailer KupiVIP in July, the tech giant hasn’t given up on the fashion segment, announcing earlier this week at its Yandex Fashion Day conference that its own Yandex.Market platform would be doubling down on fashion category expansion. In May 2021, Yandex.Market announced it would purchase of Private Trade, but in July the tech giant announced it was pulling out of the deal without disclosing why. The company seemed unable to take advantage of Russia’s online fashion market increasing 45 percent in a pandemic-impacted 2020, its own turnover decreased 40 percent over the same period.Ĭompetitors, meanwhile, saw growth roughly in line with that of the online fashion market, Wildberries increased turnover 45 percent year-on-year and Lamoda’s turnover was up 43 percent on the year.
Its revenue last year, according to SPARK-Interfax, amounted to 671.6 million roubles ($9.2 million), representing a year-on-year loss of 167.9 million roubles ($2.3 million).Īccording Private Trade’s financial reports, the company’s losses in 2020 amounted to 414 million roubles ($56.8 million). Mamsy specialised in mid-price products for children and women. According to Fashion Consulting Group, the platform’s turnover decreased by 10 percent year-on-year in 2020, to 4.5 billion roubles ($61.7 million). The company had over 3,000 suppliers from Russia and abroad. KupiVIP was established in 2008 and focussed on discount sales. Online e-commerce platforms, KupiVIP and Mamsy, both managed by parent company, Private Trade, have announced they will close after 13 years in operation.
Russian flash sales site KupiVIP is shuttering following a cancelled sale to tech giant Yandex earlier this year.
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