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We are particularly enthusiastic about the scale we are reaching together and the associated benefits in the highly attractive US market,” Moizant said. "We have been very impressed with the great achievements of Tracy and the Tradesy team over the years and are very excited by the opportunity to work together to accelerate the change in the way people consume fashion. The platform allows for both buying and selling, making it effectively an online consignment superstore. Ends Tonight: Knock 10 off orders over £700 with this Vestiaire Collective discount code. Tracy DiNunzio, founder and CEO of Tradesy, will become CEO for the combined U.S. Vestiaire Collective is a global fashion marketplace specializing in designer goods, luxury items, and hard-to-find pieces. Maximilian Bittner, CEO of Vestiaire Collective and Fanny Moizant, founder and president of Vestiaire Collective, will continue to serve in their roles for the combined company. and globally which will help optimize the sale process while buyers will be met with an even broader selection of pre-owned and pre-loved goods. joined a fundraising round by online fashion platform Vestiaire Collective that raises its valuation to 1.7 billion as appetite for secondhand luxury items booms. We are this massive platform, where everybody at their own budget, taste and style can find something really appealing, Moizant said. Sellers will be able reach a much broader audience, both in the U.S. With Tradesy, Vestiaire Collective now offers 5 million products by 10,000 brands, and it’s set to sell 1 billion in GMV on an annual basis.
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The companies will combine to serve a community of 23 million members with a catalog of five million items. The acquisition further accelerates the growth towards a circular fashion economy and also significantly increases the size and reach of their peer-to-peer marketplace. We believe in the longevity of high-quality fashion and Vestiaire Collective play a key role in the conscious consumption of clothes, with a shared outlook. Vestiaire Collective and Tradesy were both founded in 2009 by women entrepreneurs aiming to create a more sustainable fashion industry.
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Vestiaire Collective SA, an online marketplace for desirable pre-loved fashion, has announced the acquisition of resale fashion industry pioneer Tradesy.
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