Sustainability Meets Style: The Boom of Luxury Resale in 2024. Pre-Loved, High Fashion: How Pre-Loved Luxury Took Over 2024 The pre-loved luxury fashion market has seen a significant surge in 2024, driven by a combination of economic factors, sustainability awareness, and changing consumer behaviors. Luxury resale has become not just a niche but a substantial … Read more
eBay’s inaugural Pre-Loved Fashion Week, hosted in collaboration with the Council of Fashion Designers of America (CFDA) and the British Fashion Council (BFC), is a fascinating move towards circular fashion. Positioned on the prestigious stages of New York and London Fashion Weeks, the event features a live, shoppable runway dubbed “Endless Runway,” showcasing pre-loved pieces … Read more
Hundreds of Styles from More Than 60 Designers Now Available on SaksOFF5TH. Saks OFF 5TH Partners with Rent the Runway to Offer Pre-Owned Fashion. Saks OFF 5TH, the premier luxury off-price destination, has partnered with Rent the Runway, the largest shared designer closet, to provide Saks OFF 5TH customers access to pre-owned designer fashion for … Read more
The transaction is a key milestone for the luxury fashion resale industry. Vestiaire Collective, the leading global online marketplace for desirable pre-loved fashion today announces the acquisition of Tradesy, the US pioneer in the fashion resale industry. Financial terms of the deal were not disclosed. Vestiaire Collective and Tradesy were both founded in 2009 by … Read more
This initiative marks the first time that a multi-brand luxury platform embraces designer resale in a comprehensive way to reinforce the shift to circularity as part of the fashion ecosystem. Leading luxury e-commerce platform Mytheresa is delighted to announce a partnership with leading global app for desirable pre-loved fashion Vestiaire Collective. The partnership of … Read more
The leading global platform for desirable second-hand fashion announces a new €178m (US$ 216m) financing round. Following a strong year that saw the platform’s transaction volume grow over 100% year-on-year, this financing round grants Vestiaire Collective unicorn status and ideally positions it for its next cycle of accelerated growth. Since its inception in … Read more