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Vinted Raises $303 Million, Valuing the Resale Platform at $4.3 Billion

Image: Vinted
Vinted raised 250 million euros ($303 million) in a Series F round, the Vilnius, Lithuania-founded online resale platform announced on Wednesday. According to a release from Vinted, which got its start in 2008 and boasts some 45 million users, the company “operates in over 10 markets, and has become the largest online C2C marketplace in second-hand fashion across Europe,” and will use the funding from the latest EQT Growth-led round – one that values the resale upstart at $4.3 billion – to expand its operations in Europe and “new geographies,” ramp up its hiring, and improve user experience.
Offering consumers to ability to buy, sell and swap second-hand clothing items and accessories, Vinted’s CEO Thomas Plantenga said in a statement on Wednesday that the company is “contributing to a seismic shift in the fashion market, enabling more sustainable, socially-responsible shopping habits,” noting that second-ha ....

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The Brief: Investing in women of the world, digitizing vintage clothing, scrutinizing carbon offsets and income-share agreements, ending unsustainable subsidies

The Brief: Investing in women of the world, digitizing vintage clothing, scrutinizing carbon offsets and income-share agreements, ending unsustainable subsidies
impactalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from impactalpha.com Daily Mail and Mail on Sunday newspapers.

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Stylist Zerina Akers Gives Black Friday a Sustainable Remix With a New collaboration

You may have first become familiar with Zerina Akers through her long and very successful working relationship with an up-and-coming artist named Beyoncé (or something like that). But the stylist, designer and influencer is a force of fashion in her own right, both forecasting trends and consistently sharing her growing independent platform with Black designers, labels and businesses most recently via the instantly popular Instagram page Black Owned Everything. Soon to be launched as an e-commerce site with a handful of retailers handpicked by Akers herself (get on that mailing list, y’all), the growing list of black-owned businesses she has graciously promoted has been an indispensable bounty of resources for those of us seeking to keep our dollars in the community including in the writing our very own Black Friday gift guide. ....

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Online Vintage Marketplace Thrilling Has Teamed Up With Beyoncé's Stylist for a Curated Collection

Online Vintage Marketplace Thrilling Has Teamed Up With Beyoncé's Stylist for a Curated Collection
vogue.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vogue.com Daily Mail and Mail on Sunday newspapers.

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