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Second hand : Vestiaire Collective acquires its competitor Tradesy

Second hand : Vestiaire Collective acquires its competitor Tradesy

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The platform specializing in second-hand clothing and fashion accessories, Vestiaire Collective, has announced the acquisition of its American competitor Tradesy for an as yet unknown amount. Founded in 2009 by Tracy DiNunzio, this is the first acquisition of the Tradesy resale platform since its creation.

 

Together, the two platforms now represent 23 million members, a selection of more than 5 million items and a transaction volume of more than one billion dollars.

 

“This acquisition confirms Vestiaire Collective’s ambition to be a truly global player, aiming to promote circular fashion in Europe, the United States and Asia-Pacific,” says Maximilian Bittner, CEO of the French platform Vestiaire Collective.

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Featured photo : © Vestiaire Collective

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