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Vestiaire Collective acquires US resale platform Tradesy

Fashion resale platform Vestiaire Collective has acquired US competitor Tradesy for an undisclosed sum. By joining forces, the companies will be able to “significantly” increase their size and reach, “to the direct benefit of their sellers and buyers”, Vestiaire Collective said Tuesday. Together, the companies boast a membership community of 23...

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Luxury re-sale platform Tradesy raises 67 million dollars

A monogrammed Louis Vuitton Pochette bag sells for 560 dollars. In another listing a Cartier Tank watch in steel is on sale for 2,700 dollars. Pre-owned luxury site Tradesy is the latest platform hoping to take a share of the booming re-sale market, a category that has both consumers and investors excited. In a Series D funding round, Tradesy...