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#Vestiaire Collective

Highsnobiety

Loewe Amazona Bag Fall/Winter 2021 Return

Every fashion house has its own signature bags, and for Loewe, its most popular silhouette in the past has undoubtedly been the Puzzle bag. For Fall/Winter 2021 however, Jonathan Anderson has brought back a silhouette from the archive, breathing new life into the Amazona. Launched in 1975, the hand-held silhouette...
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theface.com

Vestiaire Collective is calling for a more sustainable fashion future

The fashion industry overproduces. Every second, over 4,700 tons of clothing are made, while a truckful is burned or sent to landfill. Now, Vestiaire Collective, the platform for desirable pre-loved fashion, is calling time on fashion waste. By joining forces with a new generation of fashion activists, the platform’s aptly titled Collective for Change initiative is redrawing the fashion landscape, reducing waste, opening the sustainability conversation with expert insight and prioritising second-hand luxury.
ENVIRONMENT
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ephotozine.com

MPB Appoints New Chair As It Hits £100m Revenue

MPB has appointed serial digital entrepreneur turned board director, James Bilefield, as its new Chair. James brings extensive private and public board experience to MPB having previously served on the boards of consumer marketplace unicorns Vestiaire Collective and Farfetch, and through current board roles at STEM recruiter SThree plc and financial marketplace MoneySupermarket Group plc. He is also a senior advisor at SystemIQ, supporting the achievement of the UN Sustainable Development Goals, and previously led Condé Nast’s digital activities across 26 markets.
BUSINESS
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TRENDING TOPICS
Vogue

Emily Ratajkowski’s Favourite Hermès Bag Is Not A Birkin

All products featured on British Vogue are independently selected by our editors. However, when you buy something through our retail links, we may earn an affiliate commission. There’s no denying that the Hermès Birkin is one of the most beloved – and coveted – handbags of all time. But the...
glossy.co

Week in Review: Balenciaga x Fortnite, LFW and Vestiaire Collective’s mega-valuation

Subscribe: iTunes | Stitcher | Google Play |Spotify. Introducing Glossy’s “Week in Review” podcast, where editor-in-chief Jill Manoff and fashion reporter Danny Parisi discuss the week’s need-to-know fashion news, launches and events. This week, that includes the Balenciaga x Fortnite partnership, the London Fashion Week business trends and the latest funding mega-round to hit the luxury resale space.
BEAUTY & FASHION
hitechwiki.com

In 2020, French Tech explodes all records

Despite a pandemic and repeated confinements, French Tech is doing well. Even very well. Indeed, in 2020, it achieved an impressive turnover, reaching nearly 7 billion euros. A record for French startups!. Tricolor memories. We can say that French startups are in good shape and have the wind in their...
BUSINESS

Vestiaire Collective’s Luxury Resale Model Nabs $209M

SoftBank Group’s venture capital arm poured millions into the preowned luxury platform for a valuation around $1.7 billion. This content is for Limited, SJ Promo- 40% off, Annual, SJ Promo 50% off, $2/ Week and $3 / Week members only. You can read up to five free articles each month with a Limited Level Subscription. Please visit the site and log in, or subscribe to read.
MARKETS
Wwd.com

Vestiaire Collective Raises 178 Million Euros

PARIS — Vestiaire Collective, the platform selling pre-owned luxury goods, has raised 178 million euros in funding. Tech investor SoftBank Vision Fund 2 and sustainability investors Generation Investment Management backed the round in which existing shareholders Bpifrance, Condé Nast, Eurazeo and certain funds managed by Fidelity International and Koreyla Capital reinvested.
BUSINESS
fashionnetwork.com

Vestiaire Collective valuation rises to $1.7bn as it raises more funds

French luxury resale site Vestiaire Collective’s onward march is continuing with news that the business has raised a further €178 million ($209 million) in new finance, six months after a previous funding round. It means the firm is now valued at $1.7 billion. And the names of those taking part...
BUSINESS

SoftBank Jumps Into Secondhand Market with Vestiaire Collective Investment

French online fashion platform Vestiaire Collective’s valuation hit $1.7 billion after a fundraising round that includes $209 million from SoftBank Group Corp.’s private equity arm SoftBank Vision Fund 2, according to a Bloomberg report Wednesday (Sept. 22). Other investors in Vestiaire’s latest funding round include Generation Investment Management and existing...
BUSINESS
investing.com

Vestiaire Collective valued at $1.7 billion in Softbank-led fundraising

PARIS (Reuters) - Second hand luxury site Vestiaire Collective on Wednesday said it had completed another fundraising round led by Softbank that valued the firm at $1.7 billion, in a boost for the used clothing market that is starting to attract fashion groups too. Paris-based Vestiaire Collective, which competes with...
BUSINESS
fashionunited.com

Vestiaire Collective valued at 1.7 billion dollars as it secures fresh funding

Second-hand fashion platform Vestiaire Collective has secured 210 million dollars in fresh fundraising as it continues to establish itself as one of the major players in the red-hot resale market. The latest funding - which included participation from two new investors, SoftBank Group Corp and Generation Investment Management - raises...
BUSINESS
Fortune

Venture capital firm Greylock gears up for mango seeds

Investing in the earliest stages of a startup, when it is just forming, is risky but potentially extremely lucrative. It’s why many investors are doubling down on the space, including Sequoia, which most recently raised about $195 million for a dedicated seed fund and Andreessen Horowitz, with its $400 million seed. Seed deals, for lack of a better term, are on fire.
BUSINESS
wheredidugetthat.com

Shopping Based on Your Zodiac Sign

How do you like to start your day? A quick scroll through Instagram and a glance at your horoscope? Okay, an in-depth analysis of your zodiac sign? Me too. Firstly, astrology has always been an important part of pop culture, allowing avid followers to be guided down a rabbit-hole of star signs and moon signs. And of course fashion has been no stranger to the world of astrology, either. Remember whimsical Dior? (I found this beautiful second hand midi skirt and this leather one both zodiac themed on Vestiaire Collective) Designers and brands launch cosmic collections of exquisite pieces devoted to all 12 signs of the Zodiac all the time. And not a single piece offers bad news of any kind. From Aries to Leo, Aquarius and Pieces, you can show the world just what’s your jam. In other words, for followers of astrology, dressing in its symbols is a way to place oneself within the universe, while projecting an aspect of personal identity.
BEAUTY & FASHION
retailsector.co.uk

Vestiaire Collective completes £154m funding round

Vestiaire Collective, the global pre-owned fashion platform, has announced the completion of a $210m (£154m) funding round. Led by Softbank Vision Fund 2 and Generation Investment Management, the investment was also backed by existing shareholders Bpifrance, Condé Nast, Eurazeo, and funds managed by Fidelity International and Korelya Capital. Following the...
BUSINESS
newsrnd.com

Second-hand fashion appeals to investors

The second hand does not stop at seducing consumers;. it also convinces investors. This is evidenced by the record fundraising carried out in recent months by dedicated platforms. In just six months and two transactions of the same amount, Vestiaire Collective, a specialist in second-hand luxury goods, raised 356 million...
APPAREL
vnexplorer.net

SoftBank Invests in French Secondhand Site Vestiaire Collective

(Bloomberg) — SoftBank Group Corp. joined a fundraising round by online fashion platform Vestiaire Collective that raises its valuation to $1.7 billion as appetite for secondhand luxury items booms. Most Read from Bloomberg. The Global Housing Market Is Broken, and It’s Dividing Entire Countries. Istanbul Turns Taps on Old Fountains,...
BUSINESS
newsrnd.com

Vestiaire Collective surfs the boom in second-hand luxury goods

Certainly, the French Vestiaire Collective attracts prestigious shareholders. This Wednesday, the second-hand luxury goods specialist announces a fundraising of 178 million euros, from Softbank Vision Fund 2 - the world's largest tech investment fund - and Generation Investment Management - a pioneer in investing in sustainable development - certain historical shareholders (Bpifrance, Condé Nast, Eurazeo, etc.) also reinvesting. In March, the company raised the same amount, this time from luxury giant Kering, which had taken 5% of the capital, and Tiger Global Management.
BUSINESS

Sonam Kapoor is a sight for sore eyes at ‘The BoF Show With Imran Amed’ wearing Alexander McQueen

Credited for redefining the fashion game of the industry, Sonam Kapoor always makes headlines for her panache for styling. Currently, the actress is in London and is taking the game ahead with her super-stylish Avatars for her high-end public appearances. The leading voice change, Sonam, attended the launch of The Business of Fashion Show on Bloomberg Quicktake yesterday in London. The fashionista chose a red Alexander McQueen dress with a ruffle neck and balloon sleeves. She paired the dress with a black waistbelt and boots, all by Alexander McQueen to complete the outfit and looked simply majestic.
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