Pre-loved firm Vinted eyes M&A, expansion on first profit milestone
Secondhand fashion platform Vinted has turned its first ever profit, suggesting more consumers are now turning to pre-loved fashion.
Source: just-style.com
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Vinted revenue was 596 million euros in 2023
Second-hand fashion marketplace Vinted has released its financial results of 2023. Its revenue was 596.3 million euros.
Source: ecommercenews.eu
Luxury resale puts Vinted back in the black
Second hand marketplace Vinted returned to profit in 2023 as it posted a 61% increase in revenue year on year of €596.3m (£509m).
Source: drapersonline.com
Secondhand fashion seller Vinted moves into profit after 61% sales rise
Lithuania-based site is expanding while its rivals Depop and RealReal reported losses last year
Source: theguardian.com
Lithuania's first unicorn Vinted reaches double-digit profitability: Know more
Vilnius, Lithuania-based Vinted, an online marketplace startup for second-hand/used clothes, announced on Monday that it has witnessed strong growth in 2023
Source: siliconcanals.com