Rolex is the most searched for brand when it comes to pre-owned luxury, according to data from For-sale.co.uk’s Second Hand Fashion Index. Using the methodology of searching in Google with the term ‘used’ followed by brand, Patagonia and Louis Vuitton came second and third. With the second-hand fashion market seeing unprecedented demand, fashion...
23 Nov 2021
Second-hand fashion marketplace Vinted has launched in Canada weeks after raising 250 million euros in funding. “To us, Canada is a great market fit, and an exciting next milestone on our mission to make second-hand fashion the first choice worldwide,” said Vinted CEO Thomas Plantenga [pictured] in a release. The launch marks a turning point in...
26 May 2021
Second-hand fashion marketplace Vinted has raised 250 million euros in a series F funding round led by investment firm EQT Growth. This latest funding values the Lithuania-headquartered company at 3.5 billion euros, up from the 1.1 billion euro valuation it was given following its last fundraising in November 2019. Vinted CEO Thomas Plantenga...
12 May 2021
Vinted, Europe’s online C2C marketplace dedicated to second-hand fashion has acquired United Wardrobe, second-hand fashion platform in the Netherlands to accelerate rapid expansion to new markets and extend their international footprint. The company said in a statement that with a combined member base of 34 million buyers and sellers across 11...
27 Oct 2020
Ironhack and fashion resale platform Vinted join forces to give away 600,000 euros in scholarships to support women in the digital industry. The companies want to encourage the presence of women in technology by offering the opportunity to take advantage of a trade show where they can participate in an 'Ironhack Bootcamp'. In this bootcamp,...
28 Feb 2020
Vinted, Europe’s online C2C marketplace for second-hand fashion, has raised 128 million euros (141 million dollars) in an equity funding round, valuing the company at over 1 billion euros. The company said in a statement that this latest round of funding will be used to invest in product development and to accelerate Vinted’s rapid growth across...
28 Nov 2019
The stigma against second hand apparel and footwear is quickly becoming a thing of the past: according to a recent report by resale platform ThredUp, the market has grown 21 times faster than first hand fashion retail over the past three years and is expected to grow from 24 billion US dollars to 51 billion US dollars in the next five years, in...
22 Oct 2019
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