Vestiaire Collective launches crowdfunding campaign

The French pioneer of online vintage fashion is inviting private individuals to invest in its capital via a participatory financing operation. In this way, Vestiaire Collective hopes to become profitable soon, before a potential stock market listing in 2025.


Since 2009, Vestiaire Collective has been offering fashion victims the opportunity to buy second-hand luxury clothing and accessories on its website. And as it celebrates its 15th anniversary this year, it is also giving them the opportunity to invest in its entrepreneurial adventure.

A few days ago, the company launched a crowdfunding campaign, the underlying idea being to reach profitability by the end of 2024, before a possible IPO next year.

Anyone over the age of 18 in the UK and Europe can buy a piece of the company. Vestiaire Collective invites its community to join it, via its website or app, “not only as customers, but also as shareholders”. The initiative is backed by the Kering Group, itself a 5% shareholder in the platform.

What is the valuation?


Carried out via the British platform Crowdcube, the operation offers shares at £1.52 (€1.78) each. This values Vestiaire Collective at £855.8 million (1.1 billion euros), equivalent to the amount achieved in the November round of financing launched by its main shareholder (at around 25%), the private equity firm Eurazeo. However, this represented a slowdown since mid-2022, when Vestiaire Collective was valued at 1.4 billion euros, according to Reuters.

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Featured Photo: © Vestiaire Collective

Picture of Sophie Michentef
Sophie Michentef
Sophie Michentef has worked for more than 30 years in the professional press. For fifteen years, she managed the French and international editorial staff of the Journal du Textile. She now puts her press, textile, fashion, and luxury expertise at the service of newspapers, professional organizations, and companies.

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