Vestiaire Collective
Overview
Vestiaire Collective is an online peer-to-peer marketplace to buy and sell pre-owned luxury fashion including women’s, men’s, bags, jewelry, watches, and lifestyle categories. Vestiaire Collective has developed resale partnerships with some of the most high-profile luxury fashion brands such as Chloé, Gucci, Paco Rabanne or Courrèges. The company has a global team of more than 800 employees representing more than 50 nationalities. Founded in Paris in 2009, Vestiaire Collective is a Certified B Corporation. As of FY22, the company has a presence in 80 countries and has offices in Paris, Tourcoing, London, Berlin, New York, Hong Kong, Singapore, Lisbon, and Seoul. Vestiaire Collective has a membership community of 23 million, a catalog of 5 million items, and a Gross Merchandise Value ("GMV") exceeding $1 billion. The company's mission is to transform the fashion industry for a more sustainable future by promoting the circular fashion movement as an alternative to overproduction and overconsumption and the wasteful practices of the fashion industry. In April 2022, Vestiaire Collective acquired the US Company Tradesy and completed the process of migrating Tradesy’s buyers to its platform. In July 2022, the company also launched a fully localized platform in South Korea and opened its 5th authentication center in Seoul.
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Quick Facts
| Company Name | Vestiaire Collective |
|---|---|
| Industry | Retail Apparel and Fashion |
| HQ Address | Paris, France |
| Revenue | $63 million [2022] |
| Employee Size | Over 800 |
| Company Type | Private |
| Fiscal Year-End | Not Available |
| Website | www.vestiairecollective.com |
| Locations | Global presence in 80+ countries across EMEA, the US, and APAC |
| Competitors | Matches Fashion and Levi Strauss & Co. |
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