Friday, April 23, 2021

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Vestiaire Collective: Raises €178M in Funding

  • Vestiaire Collective, a Paris, France-based global platform for second-hand fashion, closed a new €178m financing round
  • The company intends to use the funds to scale up its technology and data innovation roadmap
  • Vestiaire Collective is a global app for pre-loved fashion
  • It provides its community with inspiration, tools and features to sell and buy unique pre-loved pieces from each other’s wardrobes
  • The platform has an inventory of 3 million items that includes 140,000 new listings every week
  • Launched in Paris in 2009, the company has offices in Paris, New York, Hong Kong, Singapore and a tech hub in Berlin

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