By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Global NewsphereGlobal Newsphere
  • International
  • Sports
  • Business
  • Entertainment
  • Politics
  • Travel
Reading: Second-hand fashion: Micolet expands in Portugal by acquiring MyCloma
Notification Show More
Global NewsphereGlobal Newsphere
  • International
  • Sports
  • Business
  • Entertainment
  • Politics
  • Travel
© 2025 All Rights reserved | Powered by Globalnewsphere
Global Newsphere > Business > Second-hand fashion: Micolet expands in Portugal by acquiring MyCloma
Second-hand fashion: Micolet expands in Portugal by acquiring MyCloma
Business

Second-hand fashion: Micolet expands in Portugal by acquiring MyCloma

August 13, 2025 2 Min Read
Share
SHARE

MyCloma X Micolet. Credit: Instagram My.Cloma

Spanish second-hand fashion retailer Micolet has expanded its presence in Portugal after acquiring Portugal’s Mycloma, the company confirmed in a joint announcement.

The deal will strengthen Micolet’s customer base, infrastructure and digital reach in the growing Iberian circular fashion market.

Micollet and Microma

Micolet, who specializes in selling second-hand clothing online, said MyCloma integration is part of a growth strategy aimed at optimizing its distribution network and expanding its reach across Portugal, an already operated market (as reported, FashionUnited).

The merger adds MyCloma’s customer base and commercial structure, with the aim of integrating “a more competitive platform in a context that is increasingly marked by the need for business concentration and operational efficiency.”

Mycloma describes the contract as “natural evolution” in its mission to expand the lifecycle of clothing and encourage more responsible consumption.

The company confirmed it has moved directly to its customers, both through social media and through personalized messages to those who have items currently on sale.

The integration process involves gradually redirecting MyCloma website to Micolet’s Portuguese domain. This helps to centralize operations under a single platform and drive user migration.

According to the announcement, the deal will strengthen Micolet’s physical infrastructure, enhance digital capabilities, and enable retailers to compete better in an increasingly integrated reconfigurable market.

Second-hand fashion industry

Recently, South Korean tech giant Naver completed the acquisition of Spanish resale platform Wallapop, further highlighting the rapid growth of the second-hand fashion industry.

Check out all the news from Portugal.

See also  Flying is optional: Airlines are now credit card companies

View all business news.


You Might Also Like

QR supermarket price revolution: Will new label rules slash shopping bills?

Sweden-Vietnam trade surges by 11.8%

Google’s colossal move to zap Microsoft and Amazon: $32bn Wiz cloud-shaking deal set to rock Big Tech

Insiders Perspective: Should You Invest in Olive Oil?

Alarm: Spanish takeover battle sparks fears of financial quake across Europe – BBVA’s bold bid to buy Sabadell in Spain is ‘concerning’

TAGGED:Business News
Share This Article
Facebook Twitter Email Copy Link
Leave a comment

Leave a Reply Cancel reply

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

Latest News

10 Destinations With the Biggest Decreases in Airfare Prices
10 Destinations With the Biggest Decreases in Airfare Prices
Travel
Diane Keaton, ‘Annie Hall’ Oscar winner and star of ‘Godfather’ trilogy, dies aged 79
Diane Keaton, ‘Annie Hall’ Oscar winner and star of ‘Godfather’ trilogy, dies aged 79
Entertainment
Modi Agreed to Reduce India’s Oil Purchases From Russia: Trump
Modi Agreed to Reduce India’s Oil Purchases From Russia: Trump
Politics
EU countries mull response to China's squeeze on rare earths
EU countries mull response to China’s squeeze on rare earths
International
Scientists confirm first-ever mosquitoes in Iceland
Scientists confirm first-ever mosquitoes in Iceland
International
Mike Ev
Tampa Bay’s Mike Evans suffered a concussion and broken collarbone in Week 7
Sports

About Us

Welcome to Global Newsphere, your trusted source for breaking news and insightful analysis from around the world. Our mission is to keep you informed with accurate, timely, and well-researched news that matters.

Legal Pages

  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Service
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Service

Trending News

Flight cancellations at Germany's Hamburg Airport affect more than 40,000 passengers after strike

Flight cancellations at Germany's Hamburg Airport affect more than 40,000 passengers after strike

The Epoch Times

Noem Taps New Leadership at ICE, Moves to Identify Leakers Within DHS

If You Don’t Have a Real ID by May 7, Can You Still Fly?

If You Don’t Have a Real ID by May 7, Can You Still Fly?

Flight cancellations at Germany's Hamburg Airport affect more than 40,000 passengers after strike
Flight cancellations at Germany's Hamburg Airport affect more than 40,000 passengers after strike
March 10, 2025
The Epoch Times
Noem Taps New Leadership at ICE, Moves to Identify Leakers Within DHS
March 10, 2025
If You Don’t Have a Real ID by May 7, Can You Still Fly?
If You Don’t Have a Real ID by May 7, Can You Still Fly?
March 10, 2025
The Epoch Times
Trump Rebukes Former Australian PM For Claiming CCP Leader More ‘Respectful’
March 10, 2025
© 2025 All Rights reserved | Powered by Globalnewsphere
Welcome Back!

Sign in to your account

Lost your password?