HK's Luxury Marketplace Acquired by My Fashion Republic

Luxify, the Hong Kong-based online marketplace for luxury items, has been acquired by My Fashion Republic Group, Australia's leading online retailer of luxury products.

Financial details of the acquisition were not disclosed. Luxify, founded in 2014 by Alexis Zirah and Florian Martigny, has raised a total of $800,000 in funding over two rounds backed by magazines and digital media group Heart Media.

Headquartered in Hong Kong, Luxify prides itself as Asia's go-to destination for luxury enthusiasts and collectors. The site features supercars, luxury watches, handbags, rare antiques, jewelry, and more.

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