A Post-Acquired Percentil Expands to Amazon Spain as MySize Subsidiary

Core Insights - MySize has acquired Percentil, a European managed marketplace for used clothing, to enhance its presence in the circular economy sector [3] - Percentil aims to reposition itself as a premium marketplace focusing on higher-value items and improved reverse commerce experiences [4] - The acquisition allows Percentil to leverage Amazon Spain for broader consumer access while maintaining operational control [5] Company Overview - Percentil was founded in 2012 and operated in Spain, France, Germany, and Italy before entering insolvency proceedings in early 2025 [1] - The company filed for insolvency in February 2025 and subsequently entered Chapter 11 bankruptcy [2] Acquisition Details - MySize acquired Percentil in May 2025 for approximately 610,000 euros (about $679,000) to prevent its liquidation [3] - Percentil will operate as a subsidiary under the new name, New Percentil, as a sociedad limitada [4] Operational Strategy - Percentil's operations include garment intake, inspection, quality control, pricing, catalog management, and resale execution [5] - The platform supports direct-to-consumer resale and circularity programs, with over 100,000 authenticated secondhand products available for selective allocation to Amazon [5] Market Positioning - The initiative aims to expand demand efficiently while maintaining discipline on capital and operations [6] - Amazon provides incremental reach and liquidity for selected inventory, while Percentil prioritizes its proprietary marketplace as its core strategic channel [6]