Praxis Wear

Herning, Denmark Founded: 1995 • Age: 31 yrs Acquired By 7days
Multi-category fashion products for men and women are retailed online.
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About Praxis Wear

Praxis Wear is a company based in Herning (Denmark) founded in 1995 by Marc Staperfeld and Ulrich Dolken was acquired by 7days in December 2018.. The company has 12 employees as of December 31, 2021. Praxis Wear operates in a competitive market with competitors including Zalando, ABOUT YOU, Boozt.com, Naked Copenhagen and Trendday.dk, among others.

  • Headquarter Herning, Denmark
  • Employees 12 as on 31 Dec, 2021
  • Founders Marc Staperfeld, Ulrich Dolken
  • Sectors
    Retail
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Praxis Herning A/S
Operational Areas
Retail → Fashion & Retail Innovation
Key Metrics
  • Annual Revenue
  • Net Profit
    $1.51 M (USD)
    -28
    as on Dec 31, 2022
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    12

    as on Dec 31, 2021

  • Acquired by
    7days

    (Dec 17, 2018)

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Funding Insights of Praxis Wear

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Praxis Wear

Praxis Wear has secured backing from 1 investor. Prominent investors backing the company include 7days. 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.

All
Investor Description Founded Year Domain Location
Multi-category apparel from eco-friendly fabrics is offered online.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Praxis Wear

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Praxis Wear

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Praxis Wear Comparisons

Employees
+
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Competitors of Praxis Wear

Praxis Wear 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 Zalando, ABOUT YOU, Boozt.com, Naked Copenhagen and Trendday.dk, 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
Online retailer offering multi-category fashion products for men, women, and children
domain founded_year HQ Location
Online retailer offering multi-category fashion products
domain founded_year HQ Location
Fashion brands are retailed online by Boozt.com across demographics.
domain founded_year HQ Location
Multi-category fashion products are retailed online by the company.
domain founded_year HQ Location
Women's fashion apparel and accessories are retailed online by Trendday.dk.
domain founded_year HQ Location
Curated multibrand clothing retail through stores and online platforms.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Praxis Wear

Frequently Asked Questions about Praxis Wear

When was Praxis Wear founded?

Praxis Wear was founded in 1995.

Where is Praxis Wear located?

Praxis Wear is headquartered in Herning, Denmark.

How many employees does Praxis Wear have?

As of Dec 31, 2021, the latest employee count at Praxis Wear is 12.

What does Praxis Wear do?

Praxis was established in 1995 in Herning, Denmark, by co-founders Marc Staperfeld and Ulrich Dolken. Multi-category fashion items for men and women are sold through an online platform accessible via praxiswear.dk. Operations are centered in the Danish fashion retail sector, where apparel and accessories are distributed digitally to customers. The focus remains on e-commerce within the European market, supported by a headquarters in Herning.

Who are the top competitors of Praxis Wear?

Praxis Wear's top competitors include Zalando, ABOUT YOU and Boozt.com.

Who are Praxis Wear's investors?

Praxis Wear has 1 investor. Key investors include 7days.

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