- Vestiaire Collective, a Paris, France-based global platform for second-hand fashion, closed a new €178m financing round
- The company intends to use the funds to scale up its technology and data innovation roadmap
- Vestiaire Collective is a global app for pre-loved fashion
- It provides its community with inspiration, tools and features to sell and buy unique pre-loved pieces from each other’s wardrobes
- The platform has an inventory of 3 million items that includes 140,000 new listings every week
- Launched in Paris in 2009, the company has offices in Paris, New York, Hong Kong, Singapore and a tech hub in Berlin