The online retail platform About You, operating in the software and internet services industry, boasts an annual revenue of $2.2 billion and a workforce of 1,500 employees. Competing with Zalando, ASOS, and Boohoo, it has secured $300 million in funding and made strategic acquisitions. Additionally, About You GmbH, a fashion-tech company under the Otto Group, reveals revenue of $261.9 million, employing 1290 people and attracting over 10 million monthly active users in Europe. Meanwhile, a growing collaboration between start-ups and Mittelstand firms in AI showcases the sector's significant funding and potential for innovation despite existing reservations.

Fashion-Tech Growth & AI Collaboration