Work Here?
Vestiaire Collective
Work Here?
Online marketplace for pre-owned luxury fashion
Vestiaire Collective
Work Here?
Online marketplace for pre-owned luxury fashion
About Vestiaire Collective
Industries
Consumer Software
Consumer Goods
Company Size
501-1,000
Company Stage
Late Stage VC
Total Funding
$632.6M
Headquarters
Paris, France
Founded
2009
Overview
Vestiaire Collective is an online marketplace where people can buy and sell pre-owned luxury fashion items. The platform connects sellers who want to sell their high-end fashion goods with buyers looking for quality designer items at lower prices, often up to 70% off the original retail price. Vestiaire Collective makes money by charging commission fees on the sales that occur through its site. What sets Vestiaire Collective apart from its competitors is its focus on ensuring the quality and authenticity of the luxury items listed, creating a trusted environment for transactions. The goal of Vestiaire Collective is to make luxury fashion more accessible to a wider audience by offering a curated selection of designer products.
Simplify's Take
What believers are saying
- Growing interest in sustainable fashion boosts the resale market's potential for growth.
- AI integration can enhance customer experience and operational efficiency on the platform.
- Partnerships with high-profile designers attract new customers and increase brand visibility.
What critics are saying
- Increased competition from platforms like The RealReal and Poshmark threatens market share.
- Counterfeit luxury goods pose a risk to the platform's reputation for authenticity.
- Economic downturns may reduce consumer spending on luxury goods, affecting sales.
What makes Vestiaire Collective unique
- Vestiaire Collective offers up to 70% off on pre-owned luxury fashion items.
- The platform ensures quality and authenticity, building trust among luxury fashion consumers.
- Collaborations with designers like Isabel Marant enhance brand visibility and exclusivity.
Help us improve and share your feedback! Did you find this helpful?
Funding
Total Funding
$632.6M
Above
Industry Average
Funded Over
10 Rounds
Tiger GlobalBenefits
Professional Development Budget
Company Equity
Paid Vacation
Growth & Insights and Company News
6 month growth
↓ -1%1 year growth
↑ 0%2 year growth
↓ -1%Luxury resale platform Vestiaire Collective has partnered with nonprofit group the Or Foundation to sell a collection of upcycled clothing and accessories made from T-shirts, tapestries, denim and sweatshirts by designers in Ghana, according to a press release from the Or Foundation Friday.
Vestiaire Collective has also announced the forthcoming appointment of US executive Jim Freeman to its board of directors.
France-based luxury fashion marketplace Vestiaire Collective has appointed Stacia Carr (above) as its new chief technology and product officer (CTPO).
Isabel Marant has partnered with Vestiaire Collective on a resale pop-up shop with pieces handpicked by Marant herself.
Isabel Marant has partnered with Vestiaire Collective on a resale pop-up shop with pieces picked by Marant herself.
Vestiaire Collective is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today
About Vestiaire Collective
Industries
Consumer Software
Consumer Goods
Company Size
501-1,000
Company Stage
Late Stage VC
Total Funding
$632.6M
Headquarters
Paris, France
Founded
2009
Vestiaire Collective is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today