In data: Secondhand to account for £2bn of Christmas gifting sales
The Recommerce 2024 report shows shoppers are set to spend £20.5bn ($25.80bn) on gifts in total and overall 84% of…
Vinted
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Vinted bags €340m funding to power global secondhand fashion market
Vinted, a secondhand consumer-to-consumer (C2C) marketplace in Europe, has completed a €340m ($366.8m) secondary share sale, bringing its valuation to…
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Explainer: How new demographics will change apparel retail in future
The 'Demographics in Retail and Apparel' report says apparel will have to deal with changing consumer behaviours in the coming…
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Explainer: Will the surge of secondhand change fashion?
On 12 September, Oxfam and Vinted will host a fashion show at London Fashion Week, showcasing “the joy and innovation…
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Explainer: How Vinted is transforming the second-hand fashion market
Vinted surveyed 100,000 of its members in Belgium, Germany, France, Spain, Italy, Poland and the Netherlands. It analysed the results…
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Explainer: Vinted turns its first-ever profit, so is secondhand cool now?
According to GlobalData's Global Apparel Resale Market to 2027 the secondhand market is projected to expand by 16.3% in 2024.…
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Pre-loved platform Vinted eyes M&A, expansion on first profit milestone
Alongside swinging to profit, Vinted reported revenue growth of 61% in 2023 to €596.3m ($636.3m), benefiting from an expansion in…
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Signal: ThredUp’s financial results reflect ever-growing resale market
US online thrift store ThredUp reported a quarterly revenue of $82m for its third quarter 2023, representing an increase of…
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Vinted releases first Climate Impact report claiming big CO₂ savings
Recommerce online marketplace Vinted has published its first Climate Impact report. It partnered with carbon-tracking platform Vaayu to analyse carbon…
