Vinted news and archive

Secondhand market ‘here to stay’ amid cost-of-living crisis, Vinted head says

The cost-of-living crisis has ensured the future of the secondhand market, Vinted chief executive officer, Adam Jay, told Sky News. This was mirrored in Vinted’s report of shopping behaviour shifts this year, showing that two billion pounds was forecast to be spent on pre-loved Christmas gifts. Speaking to the media outlet, Jay, said the “trend”...

RetailFeatured

Gen Z pioneers digital resale economy

A new wave of teenage entrepreneurs is transforming online marketplaces, with over 400,000 US teenagers generating income by selling second-hand items, according to recent research by Whop. The study of 1,655 teenagers aged 12-18 reveals a sophisticated digital economic landscape. Clothing resale emerges as the most prominent income stream, with...

Business|Report Featured

Shoppers to spend two billion pounds on secondhand gifts this Christmas

The secondhand market has already taken precedence over consumer priorities in recent years, and it seems that even into the festive season, the sector will continue to enjoy a favourable environment. In fact, according to new research by Vinted and Retail Economics, UK consumers are expected to spend over two billion pounds on secondhand gifts...

Business

Vinted secures investment from TPG-led consortium

Second-hand fashion marketplace Vinted has closed a secondary share sale of 340 million euros at a valuation of 5 billion euros. The company said in a release that the transaction was led by TPG Tech Adjacencies (TTAD), TPG's strategy dedicated to providing flexible capital solutions to the technology industry. Other major investment funds...

Fashion Featured

LFW SS25: What not to miss

London Fashion Week officially kicks off on Thursday, September 12, with a 72-strong line-up of emerging and established designers, including Burberry, Roksanda, JW Anderson and Harris Reed, as it culminates its 40th-anniversary celebrations. Running until September 17, the spring/summer 2025 showcase has a packed on-schedule line-up of 48...

Fashion

Oxfam partners with Vinted for London Fashion Week catwalk show

Charity retailer Oxfam is partnering with pre-loved fashion marketplace Vinted for its catwalk showcase during London Fashion Week, as part of its sixth annual ‘Second Hand September’ campaign. The ‘Style for Change’ show will take place on September 12, opening London Fashion Week with a catwalk show featuring all pre-loved clothing styled by...

Business

Vinted fined 2.3 million euros for breaching European AVG privacy law and will appeal

Vinted is violating several aspects of the European AVG privacy law, the State Data Protection Inspectorate ruled. An investigation was launched into the online marketplace after the regulator received complaints from several European countries. The Dutch Personal Data Authority regularly receives complaints about the platform, Dutch news...

Fashion |Opinion

61.8 million Zara items are for sale on Vinted: is circular fashion struggling?

With 61.8 million Zara items listed for sale on Vinted, the popular online second-hand platform, a complex picture emerges of fast fashion consumer behaviour and the sustainability efforts within the retail sector. The platform also lists 59.7 million H&M items, 21.8 million Shein pieces, 21 million Primark products and 10.2 million Mango items....

Fashion |Opinion Featured

With 61.8m Zara items on sale at Vinted, is circular fashion in trouble?

The substantial presence of 61.8 million Zara garments on Vinted, the popular online secondhand marketplace, presents a complex picture of consumer behaviour, fast fashion, and sustainability efforts in the retail sector. Similarly, the platform lists 59.7 million H&M items, 21.8 million Shein pieces, 21 million Primark items and 10.2 million...

Fashion

Vinted Impact Report 2023: Second-hand replaces new clothes in Europe

Second-hand fashion is becoming increasingly important to European consumers. In its latest ‘Impact Report’, second-hand platform Vinted has analysed the place that used clothing is taking up in people's wardrobes and gives insights into consumer behaviour in the second-hand category. These are based on a survey of around 100,000 members of...

Business

Second-hand fashion marketplace Vinted swings to profit

Vinted delivered revenue growth of 61 percent in 2023, with double digit profitability. The company said in a statement that this second-hand fashion marketplace in Europe, posted 596.3 million euros in revenue, adjusted EBITDA of 76.6 million euros, and net profit of 17.8 million euros versus a net loss in 2022 of 20.4 million euros. Commenting...

Business

Vinted acquires Danish marketplace Trendsales

Second-hand marketplace Vinted has announced the acquisition of Trendsales, a Danish marketplace through which it looks to solidify its presence in the Nordic region. The move comes shortly after Vinted made debuts in Sweden, Finland and Denmark, where it launched in September 2023 as part of its continued expansion plan. Here, Trendsales has...