Second Hand news and archive

Why Vestiaire Collective is now selling carbon credits

For years, reducing environmental impact has been a key marketing tool for second-hand fashion companies. By announcing the sale of carbon credits, the platform Vestiaire Collective is now taking a significant new step. An original approach “It is much more than a financial innovation: it is proof that circularity generates a concrete and...

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Fashion |Exclusive

Addictions to second-hand fashion platforms: A study reveals the risks

While addictions to social networks are now the subject of numerous studies, a dependence on another type of online platform is beginning to arouse the interest of the scientific world: addiction to second-hand fashion platforms. In Bordeaux, France, doctoral candidate Marie Boudi is highlighting the development of problematic behaviour linked...

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Business

South Korean Naver acquires Wallapop

Madrid – Naver, a South Korean technology company often referred to as the "Google" of its home country, has acquired Wallapop, the popular Spanish second-hand platform. Founded in Barcelona in 2013, Wallapop is credited with popularizing consumer-to-consumer (C2C) resale in Spain, including for fashion items and accessories. This acquisition is...

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Fashion |Opinion

Why fast-fashion is harming second-hand – and what we can do about it

June ended with yet another blow to Europe’s struggling post-consumer textiles sector: Texaid Germany filed for insolvency. This is a significant setback for the group and for the broader reuse and recycling ecosystem. Just as European policymakers begin to treat textile waste with the seriousness it deserves, the very infrastructure needed to...

Fashion |Opinion

Clothes are fun (aren't they?)

Clothes are fun. Aren't they? Yes. And yet, as a fashion professional and consumer, I sometimes struggle with this. I love fashion. Less so the industry (specifically the dark and unsustainable sides), but still beautiful products. For myself, I have been buying less clothing for years — partly consciously, partly unconsciously. I try to build a...

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Business

Israeli firm MySize buys Spanish resale platform Percentil

Madrid – Spanish second-hand clothing platform Percentil has been saved from liquidation by its acquisition out of bankruptcy by Israeli technology company MySize. MySize, specializing in measurement services and AI-based solutions, aims to become a leading player in the European second-hand fashion sector, encompassing both C2C (Consumer to...

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Business

Vinted becomes investor and launches 'Vinted Ventures'

In late April, Vinted Group quietly launched its investment company, Vinted Ventures. This new organisation, managed by the leader in second-hand fashion in Europe, is dedicated to supporting resale start-ups. “Through Vinted Ventures, we support ambitious founders whose products and services provide concrete solutions, and who are ready to...

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Business

Vinted’s parent company sees profit soar by 330 percent

In 2024, revenue for the Vinted Group, the parent company of marketplace Vinted, logistics company Vinted Go, and payments company Vinted Pay, totalled 813.4 million euros. This represents an increase of 36 percent compared to financial year 2023. While the revenue growth was already notable, the net profit growth was significantly larger. It...

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Business|OPINION

Trump's tariffs: Unexpected boom for second-hand clothing market

Around a month ago, Donald Trump turned his favourite word ‘tariffs’ into a much-feared reality. The result? Panic in the fashion world, stock market prices that are trembling, and brands that are frantically calculating price increases in Excel spreadsheets. Because one thing is certain: ‘new’ will soon be a lot more expensive. But while brands...

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Business

What second-hand fashion offers luxury brands, and vice versa

On April 14, resale platform Vestiaire Collective unveiled its barometer of the most popular fashion brands on the second-hand market. In the luxury bags category, Chanel topped the ranking with the highest number of product views per user, followed by Louis Vuitton and Hermès. But what do luxury houses really gain from shining in the resale...

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Business

The Gucci paradox: While new sales collapse, second-hand sales explode

Despite a sharp 23 percent drop in retail sales in 2024, Gucci remains a standout in the resale market—particularly on Vestiaire Collective. The resale platform highlighted this surprising dynamic in its newly released Vestiaire Value Ranking, which identifies the brands offering the best resale value. By analyzing the accessibility,...

Fashion

Vinted launches curated secondhand selection with influencer pieces

After its first-ever second-hand luxury fashion showcase in London, Vinted is now taking 'House of Vinted' online. The new digital ‘House of Vinted’ will allow members of the platform to purchase designer items, with many key pieces coming directly from the personal wardrobes of content creators, Vinted announced on Tuesday. Participating...