Accessories marketplace Katchin expands into Europe
Katchin, the global marketplace for accessories, jewellery and watches, is making the move into Europe following its launch in the UK earlier this year.
The platform has launched in France and Germany bringing its editorially led offer to the fashion-savvy consumer in a bit to capitalise on a growing market, which its says is predicted to grow by 5%-7% this year, according to Euromonitor.
"Earlier this year, Katchin transformed the online shopping experience by launching the first-ever marketplace created specifically for jewellery and watches in the UK. Capitalising on the success of our first market launch, I’m excited to formally announce our expansion into Germany and France. With this launch, accessory fans across all three countries can rely on Katchin to help them find the accessories that speak to them – no matter their style," commented Katchin general manager Shelly Gardner,
Katchin is built on the Mirakl marketplace platform and has the backing of Fossil Group, the global design, marketing, distribution business, which specialises in lifestyle accessories and which has a large portfolio of own brands and licenses in its market, including Armani Exchange, Diesel, DKNY, Emporio Armani, Kate Spade New York, Michael Kors, and Tory Burch.
The Katchin platform houses 80 brands, from established to up-and-coming names, and in the four months since its launch in the UK it has onboarded global powerhouses such as Roberto Cavalli and Sif Jakobs.
Mirakl CEO and Co-founder Adrien Nussenbaum said the rise in marketplaces offer brands an "asset-light: route to new sectors and markets. "Fossil Group is at the forefront of [the marketplace] trend with Katchin, bringing the first curated marketplace for jewellery and watches to new audiences in Germany and France – just a couple of months after the initial launch in the UK. This is the kind of vision every retailer needs if they want to create the next great e-commerce brand.”
Following the expansion across Europe, the marketplace has set sights on North America, with a launch planned in 2024. For UK, German and French consumers, the new accessory shopping experience can be discovered at shopkatchin.com. Interested sellers can connect with Katchin at [email protected].