The shift towards sustainability is evident, and consumers have made it clear that the trend is here to stay. As a result, the resale market has experienced significant growth, with third-party platforms such as thredUP, Vestiaire Collective, and Poshmark — as well as brands themselves...
Researchers at Spain’s Universitat Politècnica de Catalunya recently published a study showing that reusing 1kg of clothing could save 25 kg of carbon dioxide emissions. Scaling these findings up and it’s clear that extending the life of garments could dramatically reduce the environmental impact of...
Resale platforms and buy now, pay later (BNPL) options offer a sustainable way for discerning consumers to make upmarket purchases in a financially responsible way. In the “Buy Now, Pay Later Tracker,” Vestiaire Collective Head of Payments Pedro Bennasar explains how BNPL’s flexibility empowers consumers...
Buy now, pay later (BNPL) is a growth industry that is already worth more than $125 billion, with projections to grow to $3.3 trillion by 2030. Some of that growth is expected to come simply from more consumers gaining awareness of the payment option, but...
January 23, 2024
European pre-owned fashion platform Vestiaire Collective launched a crowdfunding campaign to raise at least 1 million euros (about $1.1 million) from individual investors. The crowdfunding campaign, which will be advertised on Vestiaire’s website and mobile app, opens Tuesday (Jan. 23) and is being facilitated through United Kingdom-based platform Crowdcube, with a subscription phase starting Feb. […]
September 22, 2021
French online fashion platform Vestiaire Collective’s valuation hit $1.7 billion after a fundraising round that includes $209 million from SoftBank Group Corp.’s private equity arm SoftBank Vision Fund 2, according...
March 03, 2021
French pre-owned fashion platform Vestiaire Collective completed a 178 million euro (approximately $215 million) financing round. American investment firm Tiger Global Management and French luxury company Kering were among the investors,...
