JOOR | Jotup

JOOR Raises $25M to Accelerate Growth and Innovation; Expand in Payments and New Categories

Retrieved on:

Tuesday, October 17, 2023

NEW YORK, Oct. 17, 2023 (GLOBE NEWSWIRE) -- JOOR, the world’s leading digital wholesale ecosystem, today announced that it has raised $25M in new funding led by Brightwood Capital and Tamarix Capital Partners. Existing investors Macquarie Capital, Battery Ventures, and Canaan Partners also participated. This additional raise will allow JOOR to deliver an increasingly enriched platform experience in service of its extensive global network of fashion brands and retailers. Alongside new data-led initiatives, the company also plans to enhance its JOOR Pay solution, as well as expand its footprint in categories such as footwear, sports and outdoors.

Key Points:

This additional raise will allow JOOR to deliver an increasingly enriched platform experience in service of its extensive global network of fashion brands and retailers.
Alongside new data-led initiatives, the company also plans to enhance its JOOR Pay solution, as well as expand its footprint in categories such as footwear, sports and outdoors.
“JOOR has a proven track record of enabling growth for world class brands and retailers,” explained Kristin Savilia, CEO of JOOR.
“JOOR is truly transforming the wholesale ecosystem and is poised for continued growth as they modernize every element of the wholesale process.

JOOR Announces Revolutionary Global B2B Payments Solution to Reduce Cost and Accelerate Cash Flow

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Tuesday, September 13, 2022

Harrods, Super Mario, PayPal, JOOR, Growth, CEO, Geography, Pain, LVMH, Dover Street Market, Ecosystem, Richemont, Neiman Marcus, Friction, GLOBE, Online shopping, Kering, Balenciaga

NEW YORK, Sept. 13, 2022 (GLOBE NEWSWIRE) -- JOOR, the world’s premier wholesale management ecosystem, has announced the introduction of JOOR Pay, their market-leading embedded global checkout solution. JOOR Pay enables brands to accept multiple forms of payment across 135 currencies and experience payouts within days of processing a transaction. Retailers have the ability to pay with their preferred method or pay later with 60-day net terms. JOOR Pay also simplifies foreign transactions and offers business critical features including fraud protection and streamlined settlement and reporting.

Key Points:

JOOR Pay has been developed to ease and accelerate cash flow for fashion brands and retailers, particularly small to medium-sized businesses (SMBs).
Many SMBs currently struggle with international growth and cash flow due to the complex challenges of accepting and processing payments globally.
Key features of JOOR Pay include:
Multiple payment types including credit card, bank transfers and PayPal
For brands, JOOR Pay is a revolutionary solution that facilitates increased sales volumes, improves cash flow, reduces payments friction, and promotes buyer retention.
JOOR Pay empowers brands and retailers to build a future for their businesses without bearing the pain of accepting global payments.

JOOR Announces Revolutionary Global B2B Payments Solution to Reduce Cost and Accelerate Cash Flow

Retrieved on:

Tuesday, September 13, 2022

Harrods, Super Mario, PayPal, JOOR, Growth, CEO, Geography, Pain, LVMH, Dover Street Market, Ecosystem, Richemont, Neiman Marcus, Friction, GLOBE, Online shopping, Kering, Balenciaga

NEW YORK, Sept. 13, 2022 (GLOBE NEWSWIRE) -- JOOR, the world’s premier wholesale management ecosystem, has announced the introduction of JOOR Pay, their market-leading embedded global checkout solution. JOOR Pay enables brands to accept multiple forms of payment across 135 currencies and experience payouts within days of processing a transaction. Retailers have the ability to pay with their preferred method or pay later with 60-day net terms. JOOR Pay also simplifies foreign transactions and offers business critical features including fraud protection and streamlined settlement and reporting.

Key Points:

JOOR Pay has been developed to ease and accelerate cash flow for fashion brands and retailers, particularly small to medium-sized businesses (SMBs).
Many SMBs currently struggle with international growth and cash flow due to the complex challenges of accepting and processing payments globally.
Key features of JOOR Pay include:
Multiple payment types including credit card, bank transfers and PayPal
For brands, JOOR Pay is a revolutionary solution that facilitates increased sales volumes, improves cash flow, reduces payments friction, and promotes buyer retention.
JOOR Pay empowers brands and retailers to build a future for their businesses without bearing the pain of accepting global payments.

Miami Swim Week™ The Shows Created a Huge Splash on Miami Beach With The Hottest Swimwear Fashion, Parties and Event Activations

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Thursday, July 28, 2022

Miami Swim Week The Shows also hosted numerous epic after parties, influencer dinners, and brand activations across Miami Beach with the swim industry's top designers, models, influencers and media from around the world.

Key Points:

Miami Swim Week The Shows also hosted numerous epic after parties, influencer dinners, and brand activations across Miami Beach with the swim industry's top designers, models, influencers and media from around the world.
From curvy, plus-size brands, to black-owned, as well as Latina-owned and sustainable fashion brands, the swimwear fashion shows from Miami Swim Week The Shows did not disappoint.
The company has over 10 years of experience producing fashion shows at DC Swim Week, Miami Swim Week, and Hammock and shows at New York Fashion Week.
To purchase tickets to selectMiami Swim Week The Shows runway shows or parties, please visit our official Eventbrite page.To apply for official media credentials for Miami Swim Week The Shows, please visit here and apply.

JOOR Powers Miami Swim Week with Advanced Virtual Showrooms

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Thursday, June 30, 2022

Dover Street Market, Harrods, LVMH, Travel, GLOBE, Growth, Ecosystem, Neiman Marcus, Industry, Beauty, NFT, Time, Richemont, JOOR, Fashion, Online shopping, Kering, Metaverse, Balenciaga, Premium

NEW YORK, June 30, 2022 (GLOBE NEWSWIRE) -- JOOR , the worlds leading digital wholesale ecosystem, announced that it is powering Virtual Showrooms during Miami's iconic fashion festival, Hammock at Miami Swim Week from July 16 to July 18.

Key Points:

NEW YORK, June 30, 2022 (GLOBE NEWSWIRE) -- JOOR , the worlds leading digital wholesale ecosystem, announced that it is powering Virtual Showrooms during Miami's iconic fashion festival, Hammock at Miami Swim Week from July 16 to July 18.
At the forefront of the virtual experience, JOOR Passport will showcase top designers and innovators in the swimwear, resort-wear fashion industry, fashion-tech, beauty and summer lifestyle spaces.
More than 100 new and top swimwear designers are planning to debut their Summer 2023 collections throughout Swim Week.
JOOR CEO Kristin Savilia explained, Whether or not buyers are able to travel to Miami Swim Week, JOOR is there to make sure they have access to the latest styles from emerging and established resort-wear designers.

University of Pennsylvania Freshmen Win $50,000 Perlman Grand Prize for their Sustainable Biopharma & Drinking Water Testing Solution at Venture Lab Startup Challenge

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Tuesday, May 3, 2022

PHILADELPHIA, May 3, 2022 /PRNewswire-PRWeb/ -- The University of Pennsylvania's Venture Lab is pleased to announce the winner of the sixth annual Startup Challenge, sponsored by Eric Aroesty, C'92: ToxiSense, co-founded by a team of four University of Pennsylvania freshmen, Aravind Krishnan, C'25, W'25; Udit Garg, ENG'25; Andrew Diep-Tran, W'25; and Aarush Sahni, C'25. The Startup Challenge was held on April 29, 2022 at Tangen Hall, the University of Pennsylvania's hub for student entrepreneurship and innovation.

Key Points:

The Startup Challenge was held on April 29, 2022 at Tangen Hall, the University of Pennsylvania's hub for student entrepreneurship and innovation.
ToxiSense aims to improve the endotoxin testing required for drinking water and biopharma products through genetically engineering plants with bioluminescent properties.
Biopharmaceutical products and drinking water must be tested for endotoxins, the sickness-causing molecule from bacteria.
ToxiSense genetically engineered the Arabidopsis plant to luminesce based on the endotoxin concentration applied to it, serving as a sustainable, cost-effective solution.

OnPost, from Digital to Phygital

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Monday, April 25, 2022

Coterie, Marketing, LATAM, Beauty, Multimedia, Industry, JOOR, Online shopping, Destination Miami: Objective Murder

As a brand aggregator, OnPost offers services that include access to their marketplace, an integration with a digital wholesale platform, a physical experience through popups and also access to the Web 3.0 ecosystem.

Key Points:

As a brand aggregator, OnPost offers services that include access to their marketplace, an integration with a digital wholesale platform, a physical experience through popups and also access to the Web 3.0 ecosystem.
ONPOST is committed to championing brands that have a truly unique story to tell and take them to the next level.
Few platforms exist at the unique intersection of beauty, fashion, sustainability and phygital fashion - four categories that are so intertwined in our daily lives.
ONPOST bridges the gap between these worlds, bringing sustainable cult favorites, the new & noteworthy, and the truly unique access on the the digital Fashion world.

JOOR Implements Automated Attribution Capabilities Through an Exclusive Partnership with Lily AI

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Tuesday, April 5, 2022

Lilium, Partnership, Neiman Marcus, LVMH, Growth, Dover Street Market, CEO, B2B, JOOR, Ecosystem, Time, GLOBE, Richemont, AI, Collection, Online shopping, Kering, Balenciaga

NEW YORK, April 05, 2022 (GLOBE NEWSWIRE) -- JOOR , the worlds leading digital wholesale platform and data exchange, has announced an exclusive partnership with Lily AI , the retail industrys most robust AI-powered image attribution and customer intent platform for e-commerce.

Key Points:

NEW YORK, April 05, 2022 (GLOBE NEWSWIRE) -- JOOR , the worlds leading digital wholesale platform and data exchange, has announced an exclusive partnership with Lily AI , the retail industrys most robust AI-powered image attribution and customer intent platform for e-commerce.
Joining JOORs collection of innovative technology partners, Lily AI will enable JOOR platform users to significantly reduce the time dedicated to manually tagging products.
JOOR retailers will improve their decision-making due to greater tagging detail and benefit from unparalleled tagging accuracy.
Lily AI turns qualitative product attributes into a universal mathematical language at a high volume, with unprecedented accuracy.

JOOR Makes Waves in the Retail Fashion Industry This Spring

Retrieved on:

Monday, February 14, 2022

Digital shows slated to run on JOOR Passport this spring include select CFDA Member brands showing during New York Fashion Week, London Fashion Week, Tokyo Fashion Awards, Showcase Japan (in partnership with the Japan External Trade Organization), UK in Fashion, and Passport to Spain, among others currently being confirmed.

Key Points:

Digital shows slated to run on JOOR Passport this spring include select CFDA Member brands showing during New York Fashion Week, London Fashion Week, Tokyo Fashion Awards, Showcase Japan (in partnership with the Japan External Trade Organization), UK in Fashion, and Passport to Spain, among others currently being confirmed.
Digital adoption has become critical for success in the fashion industry today, said Lisa Smilor, Executive Vice President at the Council of Fashion Designers of America.
Since the onset of the pandemic, JOOR Passport has enabled fashion business continuity in a time of highly restricted travel.
To date, JOOR Passport has hosted more than 50 global events, attracting over 315K retail visitors from 152 countries.

VNTANA Posts 500% Customer Growth In 2021

Retrieved on:

Thursday, February 3, 2022

VNTANA , the industry leader in 3D eCommerce technology, reports a record year for customer, revenue, partnership and employee growth in 2021.

Key Points:

VNTANA , the industry leader in 3D eCommerce technology, reports a record year for customer, revenue, partnership and employee growth in 2021.
The rapid growth of VNTANA highlights the industrys increasing need to innovate and adapt to meet the evolving requirements of the online consumer, notes Ashley Crowder, co-founder and CEO of VNTANA.
Were excited about the potential for VNTANA to work alongside retailers to reap the benefits that this technology provides to the bottom line.
To meet the needs of its customers, VNTANAs staff also doubled in 2021 and will continue to grow through 2022, with plans to expand its sales, marketing, customer success and engineering teams.