Tradesy news and archive

Vestiaire Collective eyes profitability in 2026 ahead of US expansion push

Vestiaire Collective is reportedly set to achieve its first annual profit this year, as it prepares to expand across the United States. The news comes after Vestiaire Collection saw its valuation decline to approximately 1.1 billion euros in 2024 from a 1.4 billion euro peak in 2021. However, since then, the online luxury resell platform has...

Vestiaire Collective acquires US resale platform Tradesy

Fashion resale platform Vestiaire Collective has acquired US competitor Tradesy for an undisclosed sum. By joining forces, the companies will be able to “significantly” increase their size and reach, “to the direct benefit of their sellers and buyers”, Vestiaire Collective said Tuesday. Together, the companies boast a membership community of 23...

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Luxury re-sale platform Tradesy raises 67 million dollars

A monogrammed Louis Vuitton Pochette bag sells for 560 dollars. In another listing a Cartier Tank watch in steel is on sale for 2,700 dollars. Pre-owned luxury site Tradesy is the latest platform hoping to take a share of the booming re-sale market, a category that has both consumers and investors excited. In a Series D funding round, Tradesy...

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Tradesy acquires Fitz

Tradesy, the world's largest peer-to-peer marketplace for women's designer fashion, has acquired Fitz, an in-home service that pairs customers with stylists to organize their closets, edit their wardrobes and provide personalized styling services. With this acquisition, Tradesy is pleased to announce the launch of Tradesy Closet Concierge, a...