All Vestiaire Collective articles
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Article
The global secondhand market has tripled since 2020
The value of the apparel, footwear, and accessories resale market is estimated at between $100 and $120 billion worldwide, nearly three times the size it was in 2020, according to a new study by Boston Consulting Group (BCG) and global resale platform Vestiaire Collective. The report, titled “What an Accelerating ...
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Article
Secondhand online marketplaces on the rise
Cross-border marketplaces are developing fast, and the C2C trend is one of the drivers.
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News briefs
Vestiaire Collective raises €178m
The French online reseller of second-hand luxury goods Vestiaire Collective has raised €178 million in a new funding round valuing it €1.45 billion. The funding round was led by SoftBank Vision Fund. Other investors include Generation Investment Management, co-founded and chaired by former U.S. vice president Al Gore, and Vestiaire ...
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News briefs
Nike is the most resold brand
According to the British energy comparison website SaveOnEnergy, Nike is “by far” the most resold brand in the world. Based on the survey carried out from June 4 to 7, it found that the brand had a “staggering” 1,160,153 listings in total across the resale sites Depop, eBay, Asos Marketplace, ...
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Article
Kering invests in secondhand e-tailer Vestiaire Collective
Kering has acquired an about 5 percent stake in Vestiaire Collective , an online platform for second-hand fashion items. The investment gives the French luxury goods group the right to be represented on e-tailer’s board. Kering and the American investment firm Tiger Global Management backed a €178 ...