THE RETAIL BULLETIN - The home of retail news
Click here
Home Page
News Categories
Commentary
CX
Department Stores
Desert Island Stores
Electricals and Tech
Entertainment
Fashion
Food and Drink
General Merchandise
Grocery
Health and Beauty
Home and DIY
Interviews
People Matter
Retail Business Strategy
Property
Retail Solutions
Electricals & Technology
Sports and Leisure
TRB conference review
Christmas Ads
Shopping Centres, High Streets & Retail Parks
Uncategorized
Retail Events
People in Retail Awards 2024
Retail Ecom North
Retail HR North 2025
Retail Omnichannel Futures 2025
Retail HR Central 2025
The Future of The High Street 2025
Retail Ecom Central
Upcoming Retail Events
Past Retail Events
Retail Insights
Retail Solutions
Advertise
About
Contact
Subscribe for free
Terms and Policies
Privacy Policy
Vestiare Collective announces new €178 million financing round

Vestiare Collective, the online platform for second-hand fashion, has completed a new €178 million financing round backed by luxury group Kering and US investment firm Tiger… View Article

FASHION RETAIL NEWS UK

Vestiare Collective announces new €178 million financing round

Vestiare Collective, the online platform for second-hand fashion, has completed a new €178 million financing round backed by luxury group Kering and US investment firm Tiger Global Management.

In addition, existing backers such as Bpifrance, Condé Nast and the Eurazeo Group have reinvested.

The move follows a strong year for the platform where its transaction volume grew by over 100% year-on-year.

Maximilian Bittner, Vestiaire Collective’s chief executive, said: “This latest round of investment confirms the incredible trajectory of Vestiaire Collective, founded during the 2008 crisis, the model has clearly demonstrated its ability to continue to thrive during challenging conditions.

“The resale sector as a whole is experiencing rapid growth, especially amongst Millennial and Gen Z consumers, which will come to shape the retail landscape of the future.

“We are incredibly excited to welcome Kering and Tiger Global Management, both of which will be instrumental in our mission to build a more sustainable fashion industry and further grow our incredible global community”.

Subscribe For Retail News