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rebag

Vestiaire Collective Becomes Unicorn After Kering & Tiger Global Back US$216M Round

4 Mins Read Vestiaire Collective, the Paris-headquartered global resale site for premium pre-owned fashion, has announced the closing of a €178 million (US$216 million) financing round, led by luxury group Kering and New York-based investment firm Tiger Global Management. The funding, which propels the startup to unicorn status, will be used to accelerate its global expansion plans amid […]

Preloved Fashion Platform Vestiaire Collective Secures US$64 Million For Asia Expansion

3 Mins Read Amidst the global campaign Fashion Revolution Week, Paris-based resale fashion online platform Vestiaire Collective announced today that it has landed US$64 million in new funding. The latest injection of capital was financed by both existing shareholders and new investors including Korean tech company Naver-backed Korelya Capital and specialist female-led consumer fund Vaultier. Vestiaire Collective says […]

Preloved Handbag Platform Rebag Debuts Resale-Swap-Rental ‘Infinity’ Programme

3 Mins Read Luxury handbag resale platform Rebag has just launched a new programme that lets customers exchange a recent preloved purchase for another bag. The programme takes the circular fashion approach to the next level by incentivising consumers to continuously recycle goods, creating a cycle between resale and rental that keeps items out of landfills as long […]