Vinted news and archive

Vinted launches in Canada following 250 million euro fundraising

Second-hand fashion marketplace Vinted has launched in Canada weeks after raising 250 million euros in funding. “To us, Canada is a great market fit, and an exciting next milestone on our mission to make second-hand fashion the first choice worldwide,” said Vinted CEO Thomas Plantenga [pictured] in a release. The launch marks a turning point in...

BusinessFeatured

Vinted raises 250 million euros in funding

Second-hand fashion marketplace Vinted has raised 250 million euros in a series F funding round led by investment firm EQT Growth. This latest funding values the Lithuania-headquartered company at 3.5 billion euros, up from the 1.1 billion euro valuation it was given following its last fundraising in November 2019. Vinted CEO Thomas Plantenga...

BusinessFeatured

Second-hand fashion marketplaces Vinted and United Wardrobe join forces to expand international footprint

Vinted, Europe’s online C2C marketplace dedicated to second-hand fashion has acquired United Wardrobe, second-hand fashion platform in the Netherlands to accelerate rapid expansion to new markets and extend their international footprint. The company said in a statement that with a combined member base of 34 million buyers and sellers across 11...

Business

Ironhack and Vinted offer scholarships to women in tech

Ironhack and fashion resale platform Vinted join forces to give away 600,000 euros in scholarships to support women in the digital industry. The companies want to encourage the presence of women in technology by offering the opportunity to take advantage of a trade show where they can participate in an 'Ironhack Bootcamp'. In this bootcamp,...

Retail|RESALE TUESDAYS Featured

Fashion resale, a booming market: interview with Thomas Plantenga, CEO of Vinted

The stigma against second hand apparel and footwear is quickly becoming a thing of the past: according to a recent report by resale platform ThredUp, the market has grown 21 times faster than first hand fashion retail over the past three years and is expected to grow from 24 billion US dollars to 51 billion US dollars in the next five years, in...