Vestiaire Collective news and archive

Why Vestiaire Collective is now selling carbon credits

For years, reducing environmental impact has been a key marketing tool for second-hand fashion companies. By announcing the sale of carbon credits, the platform Vestiaire Collective is now taking a significant new step. An original approach “It is much more than a financial innovation: it is proof that circularity generates a concrete and...

Vestiaire Collective: Men driving growth in the luxury secondhand market

70 percent of men now state they buy their clothes with resale in mind. This figure, from a report published by the second-hand platform Vestiaire Collective, reflects a market whose growth appears unstoppable. Having become a common practice for many women, purchasing second-hand clothing is now also appealing to men. Although the Vestiaire...

Between attraction and speculation: The real return on It-bags on the secondhand market

Pre-owned luxury handbags now represent a potentially profitable asset for consumers. But which models are the safest for investment? In a recent report, vintage fashion platform Vestiaire Collective revealed the current resale prices of iconic luxury handbags and compared them to their original retail prices. • Chanel Timeless/Classic Bag:...

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Addictions to second-hand fashion platforms: A study reveals the risks

While addictions to social networks are now the subject of numerous studies, a dependence on another type of online platform is beginning to arouse the interest of the scientific world: addiction to second-hand fashion platforms. In Bordeaux, France, doctoral candidate Marie Boudi is highlighting the development of problematic behaviour linked...

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Prada, Jil Sander, Jack Wolfskin… An overview of new management in the fashion industry

Even during the seemingly quiet summer period, the fashion industry continues its reshuffle. From Lancel and Nike to Geox and Marni, FashionUnited has compiled the most important personnel decisions of recent months. Jil Sander: Ubaldo Minelli appointed CEO Ubaldo Minelli, chief executive officer of the Italian fashion group OTB Group, is now...

E-tailer Mytheresa teams up with Vestiaire Collective for resale service

Luxury fashion e-tailer Mytheresa has teamed up with resale platform Vestiaire Collective to launch a new second-hand fashion service. The tie-up will allow Mytheresa customers to use a dedicated web interface to sell their second-hand fashion - the process of which will be run by Vestiaire Collective. The programme will initially be available...

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Career focus: Strategy & performance analyst at Vestiaire Collective

The fashion industry covers a wide panorama of trades and endless possibilities for professional careers. To inform and inspire readers on fashion's career possibilities, FashionUnited asks a professional about his work. Today we hear from Hugo Salama, Strategy & Performance Analyst at Vestiaire Collective, an e-commerce platform for second-hand...

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Mulberry joins Vestiaire Collective's new ‘Brand Approved’ programme

British heritage brand Mulberry is following in the footsteps of Alexander McQueen to become one of the first partners of Vestiaire Collective’s ‘Brand Approved’ programme. Vestiaire Collective launched the ‘Brand Approved’ programme in mid-February, offering brands the opportunity to “disrupt traditional retail cycles through collaboration...

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Resale platform Vestiaire Collective secures Kering investment

Pre-owned clothing platform Vestiaire Collective has announced the completion of a new 178 million euro (216 million dollar) financing round backed by Gucci-owner Kering and US-based hedge fund Tiger Global Management. Kering chairman François-Henri Pinault described the fast-growing resale market as a “real and deeply rooted trend” as his...

Alexander McQueen partners with Vestiaire Collective

British fashion brand Alexander McQueen is partnering with Vestiaire Collective in support of “empowering a move towards circular practices”. The collaboration will see McQueen becoming the reseller’s first brand to join its new ‘Brand Approved’ programme, which allows the fashion house to have some control over what is bought and sold. The move...