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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.
Dounia Wone (Chief Sustainability & Inclusion Officer)
All
Meaningful work (1)
Open and honest communication (1)
Growing fast (1)
Vestiaire Collective's mission is to transform the fashion industry for a more sustainable future. In 2021, we became the first resale platform to become B-Corp certified. Sustainability is at the core of what we do and makes working here super meaningful, engaging and fun.
Product
Meaningful work
Mar 2022
In 2021, Vestiaire Collective raised money through several rounds, bringing its valuation to $1.7 billion dollars, and its total funding to date to $663.3 million. This is definitely helping fuel the fast growth globally and investing in our Tech. Whilst we are hiring, there are also internal move opportunities which I find really cool. Everything is possible!
Product
Growing fast
Mar 2022
Vestiaire Collective has a number of values; one of my favourites is "Transparency" as I thrive in an environment with open and honest communication and appreciate constructive feedback. I think it's extra important when working in Tech teams where engineering, product and QA should all work towards the same goals.
Product
Open and honest communication
Mar 2022