Designer Wardrobe raises $1.3m in a week

Online fashion marketplace Designer Wardrobe has extended its capital raising target after it passed $1.3 million in a week.

The Auckland-based peer-to-peer sales and rental business debuted on equity crowdfunding platform Snowball Effect two days ago.

Interested investors were given a chance to preview the offer on May 8, with $1.3m raised before the offer went live to the public.

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