We’re thrilled to announce that Vestiaire 216m Kering 1b Dillettechcrunch Collective has raised $216 million in a new funding round led by luxury group Kering. This incredible milestone makes us the latest unicorn, with a value of over $1 billion!
This impressive achievement results from our mission to make the designer fashion market more accessible and sustainable. Our innovative approach to pre-owned luxury and fashion has enabled us to become the leading destination for customers who want to shop smarter while respecting the environment.
We’re incredibly thankful for our investors and partners, especially Kering, who has been instrumental in helping us reach this milestone. We look forward to continuing our journey with their support!
What Is Vestiaire?
Vestiaire Collective is an online marketplace where people can buy and sell pre-owned luxury and fashion items. It provides users a platform to shop for second-hand designer products, including clothing, accessories, and jewellery. Vestiaire also works with brands to bring exclusive capsule collections to their online store.
The company recently raised $216 million in a Series D funding round led by the French luxury group Kering. This marks the largest ever investment into a pre-owned fashion marketplace and brings their total valuation to over $1 billion – making them a “unicorn” business.
Collections By Vestiaire
With the new funding, Vestiaire 216m Kering 1b Dillettechcrunch will continue to focus on its Collections platform. Collections is a curated selection of luxury goods designed in collaboration with iconic brands like Balmain and Fendi. The collections offer shoppers access to exclusive designer pieces at a fraction of their retail prices.
The company’s goal is to give customers an enjoyable and sustainable shopping experience while also allowing them to discover new fashion trends by exploring its ever-growing selection of pre-owned items.
The funding round will help Vestiaire continue its journey toward becoming the leading platform for luxury second-hand and exclusive fashion items. The company’s innovative approach and commitment to sustainability make it the go-to destination for conscious fashion lovers. So, if you’re looking for high-quality designer pieces without breaking the bank, Vestiaire Collective is worth checking out!
Conclusion
Vestiaire 216m Kering 1b Dillettechcrunch Collective’s recent funding round was a major milestone for the company, and it is now officially a unicorn business. The platform offers shoppers an impressive selection of pre-owned luxury and fashion items and exclusive capsule collections from iconic brands – all at much lower prices than you’d find in-store.
FAQS
Q: How much did Vestiaire Collective raise in their recent funding round?
A: Vestiaire Collective raised $216 million in a Series D funding round led by the French luxury group Kering.
Q: What is the goal of Vestiaire’s Collections platform?
A: Vestiaire’s Collections platform aims to provide customers with access to exclusive designer pieces at a fraction of their retail prices.
Q: What makes Vestiaire Collective stand out?
A: Vestiaire Collective stands out for its commitment to sustainability and its innovative approach to pre-owned fashion. It provides shoppers with a unique shopping experience and the opportunity to discover new fashion trends.
Q: What are some iconic brands featured in Vestiaire’s Collections?
A: Some iconic brands featured in Vestiaire’s Collections include Balmain, Fendi, and more.
Q: How can people shop at Vestiaire Collective?
A: People can shop at Vestiaire Collective online through their website. They also have a mobile app available on iOS and Android devices.
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