Vinted news and archive

BlackRock reportedly preparing to take stake in Vinted

Investment management firm BlackRock is believed to be circling a stake in Vinted as part of a deal that would value the fashion resale platform at around eight billion euros (seven billion pounds). According to SkyNews, BlackRock is among a string of new investors that are said to have agreed to participate in the company’s secondary share...

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Fashion |OPINION

Dear sustainability manager, have you ever searched for your own brand on Vinted?

A while ago, I sat down with the sustainability manager of a medium-sized Dutch clothing brand. We discussed circularity, material choices and ambitious sustainability goals for 2030. At one point, the conversation turned to the second-hand market and its potential relevance. I took out my phone and opened Vinted. I typed in the brand name....

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Business

Vinted: How dropshipping is blurring the promise of circularity

In less than a decade, Vinted has established itself as a go-to for millions of Europeans. However, behind the stated ideal of a shared wardrobe, a more ambiguous reality is emerging. Disguised commerce is taking hold, with new ultra-fast fashion stock saturating virtual wardrobes. This article analyses a system being tested by its own excesses....

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Vinted announces “major” US expansion to address growing demand

European resale platform Vinted has made a more definitive leap over the pond to launch its services in the US. Its expansion in the region, beginning with New York, responds to evidence of a growing need among Americans for an outlet to offload their secondhand goods. The latest shift hints at an intention to potentially scale the platform in...

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Business

Vinted eyes eight billion euro valuation ahead of share sale

Resale platform Vinted is reportedly eyeing an eight billion euro valuation ahead of a planned share sale potentially worth several hundred million euros. According to sources for the Financial Times (FT), the company is believed to be in preliminary discussions regarding the sale of existing shares in a transaction that could kick off next...

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Vinted faces French probe over porn content

Vinted faces an investigation in France over allegations that some accounts on the second-hand clothes platform are being used to promote pornographic content, the government's child protection commissioner said. French news website L'Informé and other media reported last week how some users are posting advertisements for lingerie or swimwear to...

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Vinted appoints Elena Vegelyte as legal director

Vinted, a leader in second-hand fashion in Europe, has announced a major change in its governance. After almost eight years with the company, Elena Vegelytė has been appointed legal director. This significant move comes as the Vinted group is undergoing rapid expansion. “I have always believed that being a lawyer is not about saying what is not...

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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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France consumes more new fashion than ever amid transition to circularity

Purchases of new clothing, footwear and household linen reached a record high in France in 2024, with an average of 42 items per person, the organisation Refashion revealed at a press conference on Tuesday. In 2024, 3.5 billion new pieces were purchased, or 10 million per day, Vanessa Gutierrez, head of studies at Refashion, the body tasked by...

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

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...