Browsing tag

resale

Nona Source: LVMH Debuts Online Resale Platform To Upcycle Luxury Textile Deadstock

3 Mins Read LVMH, the owner of leading fashion houses such as Stella McCartney, Givenchy and Christian Dior, has launched the company’s first online resale platform. Nona Source was created as part of the luxury giant’s efforts to “re-source” and reuse materials from the Group’s Fashion & Leather Goods Maisons by providing access to these fabrics at competitive […]

Collective for Change: Vestiaire Collective Aims To Raise Funds For Circular Fashion Charity The OR Foundation

4 Mins Read Just in time for Earth Week, online resale fashion platform Vestiaire Collective has unveiled a new campaign dubbed ‘Collective for Change’ to raise awareness on the tremendous waste produced by the fashion industry, by raising funds for circular fashion charity The OR Foundation. Paris-based preloved fashion company Vestiaire Collective is urging all fashion activists to […]

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 […]

5 Ways Conscious Consumption Is Driving The Resale Fashion Boom

3 Mins Read Sustainability is a hot topic in fashion right now, as the industry grapples with its reputation as one of the most polluting in the world. Consumers, in search for more eco-friendly ways to shop, are looking for alternatives that leave behind a lighter footprint – and this is driving the growth of resale fashion, which […]

Did The Romans Invent Recycling? New Pompeii Ruins Research Unearthed

2 Mins Read Turns out, the Romans were not only the engineers behind aqueducts and underground heating. Excavations at Pompeii by classical academic Allison Emmerson and a team of researchers and archeologists has revealed that rubbish left outside the city walls were being collected, sorted and resold – Romans invented recycling too. Emmerson believes our modern world needs […]

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 […]