Threads - About the company
Threads is an acquired company based in London (United Kingdom), founded in 2009 by Sophie Hill. It operates as an Online retailer offering multi-category luxury fashion products for women. Threads has raised $32M in funding from C Capital and Highland Europe. The company has 17 active competitors, including 4 that have exited. Its top competitors include companies like Farfetch, Net-A-Porter and The Outnet.
Company Details
Online retailer offering multi-category luxury fashion products for women. The product catalog includes rings, necklaces, earrings, watches, mini bags, shoulder bags, cross body bags, luggage bags, travel bags, sandals, pumps, sneakers, and more.
- Website
- threadsstyling.com
- Email ID
- *****@threadsstyling.com
- Phone Number
- +44 **********
- Registered Address
- Second Home 68-80 Hanbury Street, London, England E15JL
Key Metrics
Founded Year
2009
Location
London, United Kingdom
Stage
Acquired
Total Funding
$32M in 2 rounds
Latest Funding Round
Ranked
3rd among 17 active competitors
Annual Revenue
£10M - £50M as on Dec 31, 2018
Employee Count
80 as on Sep 30, 2026
Exit Details
Acquired by Chalhoub Group (Sep 27, 2022)
Legal entities associated with Threads
Threads is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Threads Styling Limited CIN: 7093672 , Germany, Active | Dec 01, 2009 | £10M - £50M (As on Dec 31, 2018) | 171 (As on Dec 31, 2020) |
Threads's acquisition details
Threads got acquired by Chalhoub Group on Sep 27, 2022.
Click here to take a look at Threads's acquisition in detail
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Threads's funding and investors
Threads has raised a total funding of $32M over 2 rounds. Its first funding round was on Aug 17, 2018. Its latest funding round was a Series B round on Mar 22, 2022 for $*****. 4 investors participated in its latest round. Threads has 6 institutional investors.
Here is the list of recent funding rounds of Threads:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 22, 2022 | 8885469 | Series B | 2403523 | 8831600 | 7738007 | 6277621 |
Aug 17, 2018 | 3023197 | Series A | 1292572 | 9048326 |
View details of Threads's funding rounds and investors
Threads' founders and board of directors
Founder? Claim ProfileThe founders of Threads is Sophie Hill.
Here are the details of Threads' key team members:
- Sophie Hill: Former Founder & CEO of Threads.
View details of Threads's Founder profiles and Board Members
Threads' employee count trend
Threads has 80 employees as of Sep 26. Here is Threads's employee count trend over the years:
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Threads's Competitors and alternates
Top competitors of Threads include Farfetch, Net-A-Porter and The Outnet. Here is the list of Top 10 competitors of Threads, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Farfetch 2007, London (United Kingdom), Acquired | Online retailer offering multi-category fashion products | $709M | 82/100 | |
2nd | Net-A-Porter 2000, London (United Kingdom), Funding Raised | Online retailer of luxury fashion products | - | 61/100 | |
3rd | Threads 2009, London (United Kingdom), Acquired | Online retailer offering multi-category luxury fashion products for women | $32M | 52/100 | |
4th | The Outnet 2009, London (United Kingdom), Unfunded | Online discount luxury fashion marketplace | - | - | 50/100 |
5th | Coach 1941, New York City (United States), Public | Private-label brand of luxury fashion accessories for men and women | - | - | 49/100 |
6th | Style.com 2016, London (United Kingdom), Acquired | Online marketplace of luxury fashion products for men and women | - | - | 39/100 |
7th | Supsneaks 2019, Leicester (United Kingdom), Unfunded | Online retailer offering multi-category fashion products | - | - | 32/100 |
8th | THE HOUR 2018, London (United Kingdom), Unfunded | Online retailer offering multi-category fashion apparel | - | - | 27/100 |
9th | My Wardrobe 2006, Nottingham (United Kingdom), Deadpooled | Online retailer of designer brands | $9M | 24/100 | |
10th | Lachesis 2023, London (United Kingdom), Unfunded | Online luxury boutique offering multi-category fashion products | - | - | 24/100 |
Looking for more details on Threads's competitors? Click here to see the top ones
Threads's Investments and acquisitions
Threads has made no investments or acquisitions yet.
Reports related to Threads
Here is the latest report on Threads's sector:
News related to Threads
•
Vestiaire Collective names two new c-suite execsFashionUnited•Feb 09, 2023•Vestiaire Collective, eBay, Target, Threads and 6 others
•
Chalhoub Group acquires majority stake in London-based digital luxury retailer Threads StylingGulf Business•Sep 28, 2022•Chalhoub Group, Threads
•
Personal shopper platform Threads Styling acquired by Chalhoub GroupFashionUnited•Sep 27, 2022•Chalhoub Group, Threads
•
Threads Styling nabs $12mVCJ•Mar 22, 2022•Threads, Crowdcube, Highland Europe, C Ventures Fund and 2 others
•
Threads Styling launches new ecommerce platform and live shopping strategyRetail Gazette•Feb 10, 2022•Threads
•
Threads Styling Announces the Launch of New B2B Service, Threads Connect, Empowering Independent Personal Shoppers and Stylists WorldwideMarTech Series•Aug 24, 2021•Threads
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Threads raises $20M for its luxury goods ’boutique’ that exists only in messaging appsTechCrunch+•Aug 17, 2018•Threads, C Ventures Fund, Highland Europe
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