Vestiaire Collective: The latest figures, news and market research on Vestiaire Collective

Turnover: 250 million (2021)

Country: France

France's leading online marketplace for second-hand luxury clothing and accessories.

Start-ups bet (again) on second-hand goods 26/03/2023

Vestiaire Collective, valued at over €1 billion
23 million users in France for Vinted
- 500,000 euros in sales by 2022 for Collection 40
- 1.1 million euros in fund-raising planned for Omaj
- 1.8 million euros in funds raised the previous year for Mökki (30 sites planned by the end of the year)
- Expected annual market growth: 15-20%
- Estimated market value: several tens of billions

Vestiaire Collective sets up in South Korea 27/07/2022

Resale platform for second-hand fashion and luxury goods
Founded in Paris in 2009, this is the company's first venture into the Asia-Pacific region
Became a French unicorn in 2021 Raised 178 million euros to accelerate international growth
Fast-growing luxury goods market valued at 15 billion euros Vestiaire Collective will strengthen its local presence with the opening of several depot sites in the country and an authentication center in Seoul
Korean customers to benefit from resale service and daily integration of over 25,000 items
South Korea among the ten most promising luxury markets
Luxury craze in Seoul as China slows down

Valuation at 1.45 billion euros.

Fundraising of 178 million euros in 2021 to conquer the U.S. market, including the acquisition of Tradesy.