Subject category:
Entrepreneurship
Originally published in:
2023
Version: 14-Apr-2023
Length: 6 pages
Data source: Published sources
Abstract
This case study delves into the story of Le Closet, a French fashion-as-a-service platform that exemplifies the servitization trend in the fashion industry. By exploring the company's origins, growth, innovative business model, and the environmental benefits of its sustainable consumption model, the case offers valuable insights for students and professionals interested in sustainability, entrepreneurship, and fashion dynamics. Le Closet's subscription-based approach addresses the environmental challenges of fast fashion and promotes a circular economy, paving the way for a more responsible and eco-friendly fashion industry.
Teaching and learning
This item is suitable for undergraduate, postgraduate and executive education courses.Time period
The events covered by this case took place in 2014-2023.Geographical setting
Region:
Europe
Country:
France
Location:
Paris region
Featured company
Le Closet
Employees:
51-200
Turnover:
EUR 3 million
Type:
Privately held
Industry:
Fashion apparel and accessories
Featured protagonist
- Ralph Mansour (male), CEO
About
Abstract
This case study delves into the story of Le Closet, a French fashion-as-a-service platform that exemplifies the servitization trend in the fashion industry. By exploring the company's origins, growth, innovative business model, and the environmental benefits of its sustainable consumption model, the case offers valuable insights for students and professionals interested in sustainability, entrepreneurship, and fashion dynamics. Le Closet's subscription-based approach addresses the environmental challenges of fast fashion and promotes a circular economy, paving the way for a more responsible and eco-friendly fashion industry.
Teaching and learning
This item is suitable for undergraduate, postgraduate and executive education courses.Settings
Time period
The events covered by this case took place in 2014-2023.Geographical setting
Region:
Europe
Country:
France
Location:
Paris region
Featured company
Le Closet
Employees:
51-200
Turnover:
EUR 3 million
Type:
Privately held
Industry:
Fashion apparel and accessories
Featured protagonist
- Ralph Mansour (male), CEO