About Hering
Hering is a company based in Blumenau (Brazil) founded in 1880 was acquired by Soma in April 2021.. Hering operates in a competitive market with competitors including French Connection, Arezzo&Co, FURIA, Reserva and Cia. Hering, among others.
- Headquarter Blumenau, Brazil
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Sectors
Retail
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Phone
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Soma
(Apr 26, 2021)
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Funding Insights of Hering
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Hering
Hering has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Grupo Soma. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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A platform for fashion brands and talent development is operated.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Hering
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Hering
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Hering Comparisons
Competitors of Hering
Hering operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as French Connection, Arezzo&Co, FURIA, Reserva and Cia. Hering, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Internet first brand offering apparel wear for women and men
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| domain | founded_year | HQ Location |
Internet first brand of casual apparel wear for men & women
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| domain | founded_year | HQ Location |
Internet first brand of multi category apparel wear for women and men
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| domain | founded_year | HQ Location |
Internet first brand offering apparel wear for women and men
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| domain | founded_year | HQ Location |
Internet first brand of casual and formal apparel wear for men and women
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| domain | founded_year | HQ Location |
Operates a digital hub for purchasing John John denim clothing and accessories.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Hering
When was Hering founded?
Hering was founded in 1880.
Where is Hering located?
Hering is headquartered in Blumenau, Brazil. It is registered at Blumenau, Santa Catarina, Brazil.
Who is the current CEO of Hering?
Roberto Goncalves is the current CEO of Hering.
What does Hering do?
Hering, led by Roberto Goncalves as CEO, specializes in producing consumer products, apparel brands, casual wear, multi category, men and women, and internet first brand. Internet first brand of casual wear for men and women. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.
Who are the top competitors of Hering?
Hering's top competitors include French Connection, Reserva and Cia. Hering.
Who are Hering's investors?
Hering has 1 investor. Key investors include Grupo Soma.