The Spanish startup Lookiero collects 25 million euros and advances in its goal of being the leading online personal shopper in Europe - A fall in sales of 41%, 14,800 less stores and the destruction of 26,700 jobs: it is the x-ray of the textile sector in Spain in 2020, which reveals an unprecedented debacle in the industry. But, in the current scenario, there are also startups that consolidate their business model and whose progression invites optimism.

This is the case of Lookiero, which has just closed a funding round of $ 30 million (the equivalent of $ 25.2 million in euros). With this latest economic injection, led by Perwyn and also supported by MMC Ventures, All Iron Ventures and Bonsai Partners, the startup has already raised 50.5 million euros.

This new injection of funds will allow the fashion company to boost its internalization. Specifically, in the second half of 2021, it will begin operations in Germany and strengthen its position in markets that already have a strong presence: Spain, France, the United Kingdom and Italy.

Spanish startup Lookiero collects 25 million euros

"I was back on a trip with my partner when she mentioned the problems her friends encountered to find a good style without sacrificing much time," says Oier Urrutia to explain how Lookiero was born, the company she founded and that, in just over 5 years, has established itself as the leading online personal shopper service for women in Europe.

If in February 2016, the Basque company finalized the launch of its website and service in Spain, today more than 3 million registered users endorse its business model. Its presence extends to 7 markets (Spain, France, United Kingdom, Italy, Belgium, Portugal and Luxembourg) and, they point out, that this is only the beginning of what is to come.

Spanish startup Lookiero collects 25 million euros

"It's hard to be aware of the speed at which the team has grown. There were 5 of us when we launched Lookiero," says Urrutia with a point of perplexity. Now, his team is made up of 400 people. "On the one hand, it fills me with pride to know that many work on something they are passionate about. On the other hand, it is a great responsibility," he acknowledges.

"We started with great enthusiasm but with the fear and uncertainty of whether the business model would work as we expected. Therefore, I think the most exciting thing is to know that it has worked and has allowed us to grow internationally, " says the manager.

Spanish startup Lookiero collects 25 million euros

Based on the client's style profile information, Lookiero offers a selection of 5 garments and accessories that fit the size and style but also the budget of each one. Once they receive their order, the users decide which clothes they want to keep and which ones to return. Both shipping and returns are free.

To get it right, the startup combines the experience of a team of experts in styling and technological development based on artificial intelligence, which allows to offer a personalized experience.

Spanish startup Lookiero collects 25 million euros

As it gets to know its users better, Lookiero fine-tunes its proposal for future selections. The company, whose revenues have grown by more than 50% in the first 6 months of the year, analyzes global and country trends, tastes and needs of customers each season. Under this premise, the company works with more than 150 brands, such as Only or Levi's.

Spanish startup Lookiero collects 25 million euros

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The best cards to have discounts in supermarkets today

Saving on any concept is key to having an orderly personal finances. Enjoying economic health has a lot to do with the previous planning that has been done, and for that it is important to monitor all areas of spending starting with one of the most essential: the supermarket.

Feeding is vital. It is a cost that cannot be eliminated, but it can be reduced as much as possible. The more you save without disrupting a healthy diet, the better for your bills. It is a fundamental item within a budget and hence it is interesting to know what are the best formulas to use less money.

In fact, the shopping basket is by far one of the biggest expenses that you have to face indefinitely each month. So, any type of discount you can get makes a difference when the year ends.

But you don't have to despair.

Fortunately, there are cards to buy in supermarkets, which allow you to get significant discounts and bonuses on the purchases you make. In fact, some of them also have other added advantages such as insurance or the possibility of financing at low interest rates.

Mind you, not all these plastics are the same.

It is worth noting that all these cards are totally free. However, this does not mean that they are not in compliance with certain basic conditions.

Read on to see what are the best supermarket discount cards today that will save you some money at the end of the month.

It is a card that is part of the offer of Deutsche Bank and can be a very interesting product when making your usual purchases. This is because during your promotional period you have a 5% discount on all purchases made in large areas. Once that time passes, it becomes 3%.

Of course, the maximum amount that is subject to have that bonus is 500 euros per month and the payment will be made the month following the purchase. It also allows you to get up to 10% discount in the more than 200 establishments adhered to the db Discounts Club. You can see them through the internet.

This is one of the best known plastics by all consumers. Its range is no coincidence. It is the Carrefour loyalty card that can be used in the form of credit or debit, at the customer's choice. It has an important range of discounts, which are accumulated in the so-called “savings check” of the supermarket.

Regarding purchases in supermarkets, it has the advantage that it allows to get a 1% discount on purchases in all establishments, even if they do not belong to the group. It also has other discounts such as Carrefour trips, refueling at CEPSA and Carrefour service stations, car insurance premium, home and funeral, Orange bill, electricity consumption with the company EDP and restaurants of the Club Vips chain.

It also offers exceptional financing conditions with APR 0% for purchases between 90 and 2,000 euros for 3 months.
This card can be used to pay in a large number of establishments and food chains, and grants a 1% on all those purchases.

However, these discounts must be used for purchases at CEPSA service stations. Therefore, assuming that you need to refuel frequently, this is a very advisable alternative, since you can get up to 6% at the time of refueling.

It is one of the most interesting cards of Banco Santander for its advantages when making the usual purchases, since it offers a 1% bonus in supermarkets and hypermarkets, as well as a 2% in department stores.

As long as the conditions of this account can be met (direct debit of payroll or pension, as well as household receipts), it is one of the best alternatives when making the shopping basket. On the other hand, it includes 3% at Repsol group gas stations and multiple travel and accident insurance.

Likewise, those users who have contracted the Sabadell Expansión Plus account can have important advantages to make their regular purchases with credit cards. In fact, 1% is applied to them in supermarkets.

The maximum monthly bonus combined with the 1% discounts on domestic and academic receipts is 50 euros. Interesting amounts to have a saving every end of the month.