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To transform the fashion industry for a more sustainable future, by empowering Fashion Activists to drive the change.
It is estimated that the global sales of secondhand items will reach over $75 billion by 2025. Vestiaire Collective is a French luxury resale platform that aims to gain a significant market share of this industry by providing clients with a sustainable way to buy and sell fashion items.
An increasing number of consumers are concerned about the impact of fashion on the environment, while also wanting to follow fashion trends. The company aims to rebuild trust in pre-owned luxury and fashion items by checking most of the items listed on its online platform and guaranteeing that they are in very good condition.
The company has invested in expansion across the US and Asia, as well as further developing its technology and striving to be carbon neutral by 2026. It added new members to its leadership team in 2023 in aid of its global growth, going on to crowdfund a significant sum which will support future operations.
Steph
Company Specialist at Welcome to the Jungle
Feb 2024
$3.8m
LATE VC
Sep 2021
$210m
GROWTH EQUITY VC
This company has top investors
Fanny Moizant
(Co-Founder & President)Previously Board Member at SMCP (Sandro, Maje, Claudie Pierlot, De Fursac).
Sophie Hersan
(Co-Founder & Fashion Director)Previously studied at the Fashion School in Paris and Faculty of Economics.