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VINTED news and archive

eBay is the cheapest resale platform, data shows

Searching for a Dior Saddlebag, Mulberry Satchel or Jacquemus Bambino on resale platforms will come with great variance in options, especially price. New data from VoucherCodes.co.uk, who analysed the cost of 20 of the most popular branded fashion items this year across three pre-loved sites including Depop, eBay, and Vinted, saw big variations...

13 Sept 2022

BusinessFeatured

Vinted Go announces launch of its B2B digital shipping platform.

Vinted, a Lithuanian online marketplace for buying, selling and exchanging new or secondhand items, has launched a B2B digital shipping platform, as part of Vinted Go, a shipping services business it debuted last month. The new platform brings together and optimises third party carrier infrastructure for Vinted’s marketplace and for future...

13 Jul 2022

Business

Vinted announces management changes, launches shipping service business

Vinted, the Lithuanian marketplace for second-hand fashion and lifestyle has unveiled a new shipping services business and reshaped its group structure to support its growth strategy. The marketplace is now led by CEO Adam Jay, who joined the company earlier this year, while Thomas Plantenga became Vinted group CEO. Commenting on the...

24 Jun 2022

Business

Vinted updates US app to help sellers earn more money

European second-hand clothing platform Vinted has revealed a rejuvenation of its mobile app for the US market, with the goal of improving its buyer and seller experience in the region. The consumer-to-consumer (C2C) marketplace, which launched in North America and Canada in 2021, has brought new features to its platform to further facilitate the...

22 Mar 2022

BusinessFeatured

Vinted reigns as number one resale market place in EU

A study carried out by Cross-Border Commerce Europe has found that Vinted is now the number one second-hand marketplace in the EU and the UK, overtaking Ebay. Results for the ‘Top 100 Cross-Border Sustainable Marketplaces operating in Europe’ are based on sustainability data from the best performing marketplaces across all platform types, with...

10 Dec 2021

Fashion

Rolex tops list of most searched for second-hand brand

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

Business

Vinted launches in Canada following 250 million euro fundraising

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

BusinessFeatured

Vinted raises 250 million euros in funding

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

BusinessFeatured

Second-hand fashion marketplaces Vinted and United Wardrobe join forces to expand international footprint

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

Business

Ironhack and Vinted offer scholarships to women in tech

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

Business

Vinted raises funds to expand reach across European markets

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

Retail |RESALE TUESDAYS Featured

Fashion resale, a booming market: interview with Thomas Plantenga, CEO of Vinted

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