• Home  
  • Touché Privé Secures $5M to Expand Turkish Fashion in GCC
- Fundraising - Trends - World

Touché Privé Secures $5M to Expand Turkish Fashion in GCC

Turkish Fashion Innovator Touché Privé Secures $5 Million for Major GCC Expansion

Touché Privé, the dynamic Turkish modest fashion platform, has successfully closed a $5 million Sharia-compliant growth funding round. This significant capital injection, provided by Amplify Growth Partnership—a collaborative venture between Ajeej Capital and Nuwa Capital—is earmarked to propel the brand’s strategic expansion throughout the Gulf Cooperation Council (GCC) region. Positioned as a fast-growing brand that is redefining modern design and self-expression within the modest fashion sector, this investment marks a pivotal step in Touché Privé’s journey towards becoming a global leader.

Fuelling Regional Growth and Global Ambitions

Founded in 2014 by entrepreneurs Enes Can Büyükköse and Miraç Bal, Touché Privé has cultivated a robust omnichannel presence, effectively serving customers in over 100 countries through its integrated e-commerce platform and physical retail outlets. The brand specifically caters to women aged 20 to 45, offering contemporary and elegant modest fashion choices. The newly secured $5 million will primarily fuel Touché Privé’s ambitious expansion plans across the GCC, commencing with a significant push into Saudi Arabia. In this key market, the brand intends to launch a series of flagship stores, strategically partnering with a leading local retail group to ensure a strong market entry and sustainable growth. This strategic move not only deepens its footprint in a crucial demographic but also underpins its broader vision to solidify its position as a dominant force in the global modest fashion landscape.

This strategic funding underscores investor confidence in Touché Privé’s innovative approach and its potential to capture a larger share of the evolving modest fashion market. With its established international reach and a clear strategy for regional expansion, Touché Privé is well-positioned to meet the growing demand for stylish and contemporary modest wear, particularly within the affluent GCC markets. The investment from Amplify Growth Partnership is set to empower Touché Privé to enhance its operational capabilities, expand its retail presence, and ultimately redefine fashion narratives for women seeking modern self-expression within the modest paradigm.

Keywords

Related Keywords: Touché Privé, Turkish fashion brand, GCC expansion, modest fashion, fashion investment, womens apparel, Middle East fashion, brand funding, Touche Prive, fashion market expansion

Leave a comment

Your email address will not be published. Required fields are marked *

About Us

Silicon Africa is Africa’s Oldest and Most trusted online tech magazine.

Email us: inbound@siliconafrica.com

Contact: +228 92105147

Empath  @2024. All Rights Reserved.