Vestiaire Collective news and archive

Vestiaire Collective eyes profitability in 2026 ahead of US expansion push

Vestiaire Collective is reportedly set to achieve its first annual profit this year, as it prepares to expand across the United States. The news comes after Vestiaire Collection saw its valuation decline to approximately 1.1 billion euros in 2024 from a 1.4 billion euro peak in 2021. However, since then, the online luxury resell platform has...

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Fanny Moizant leaves Vestiaire Collective after 16 years — a new chapter for the pre-loved luxury pioneer

After 16 years at the helm of Vestiaire Collective, co-founder Fanny Moizant announced her departure from the company on LinkedIn on Monday, January 5. Moizant co-founded the business in 2009, and her exit marks the end of a major chapter in the history of circular fashion. “This was not a decision I made, nor one I expected, but I accept that...

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Vestiaire Collective and Ganni launch a new resale service

Vestiaire Collective has signed a new partnership with the Copenhagen-based brand Ganni, introducing a dedicated service that allows the brand's community to give its pre-loved items a new story. Customers can now send their items from the brand directly through the Vestiaire Collective platform. Once the items are reviewed and accepted, sellers...

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Vestiaire Collective report: Second-hand market grows three times faster than new goods

According to a new study by the resale platform Vestiaire Collective and the Boston Consulting Group (BCG), second-hand fashion and vintage luxury products are projected to reach a market volume of up to 360 billion dollars by 2030, compared to the current 210 to 220 billion dollars. This represents an annual growth of 10 percent, a rate three...

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Vestiaire Collective taps Bernard Osta as CEO

Luxury resale platform Vestiaire Collective has named Bernard Osta as its new chief executive officer. Osta succeeds Maximilian Bittner, who has served in the helm position since 2018. Osta’s appointment marks the beginning of a “new phase of growth”, Vestiaire Collective said in a release. The executive has already been with the company since...

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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...

Fashion

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...

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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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Fashion |Exclusive

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...

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Vestiaire Collective US CEO takes on dual role as CMO

Samina Virk, the US chief executive officer for Vestiaire Collective, has been named as the luxury resale platform’s new chief marketing officer. The appointment expands on Virk’s current position at the helm of the company’s US business, giving her a dual role. With this new title, Virk will now oversee the Global Brand and Creative, Social...

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Shein versus Vestiaire Collective: the ideological (and economic) battle over fast fashion

France - Two irreconcilable visions of have fashion clashed. On one side, Shein, a Chinese ultra-fast fashion giant, advocated for fashion “accessible to all”. On the other, Vestiaire Collective, a French pioneer of high-end second-hand fashion, denounced a toxic promise based on social exploitation, textile waste and the endangerment of an...