Vinted news and archive

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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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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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...

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...

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Secondhand market ‘here to stay’ amid cost-of-living crisis, Vinted head says

The cost-of-living crisis has ensured the future of the secondhand market, Vinted chief executive officer, Adam Jay, told Sky News. This was mirrored in Vinted’s report of shopping behaviour shifts this year, showing that two billion pounds was forecast to be spent on pre-loved Christmas gifts. Speaking to the media outlet, Jay, said the “trend”...

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Retail

Gen Z pioneers digital resale economy

A new wave of teenage entrepreneurs is transforming online marketplaces, with over 400,000 US teenagers generating income by selling second-hand items, according to recent research by Whop. The study of 1,655 teenagers aged 12-18 reveals a sophisticated digital economic landscape. Clothing resale emerges as the most prominent income stream, with...

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Business|Report

Shoppers to spend two billion pounds on secondhand gifts this Christmas

The secondhand market has already taken precedence over consumer priorities in recent years, and it seems that even into the festive season, the sector will continue to enjoy a favourable environment. In fact, according to new research by Vinted and Retail Economics, UK consumers are expected to spend over two billion pounds on secondhand gifts...