{"id":17034,"date":"2026-09-28T10:33:16","date_gmt":"2026-09-28T08:33:16","guid":{"rendered":"https:\/\/www.joffeassocies.com\/vestiaire-collective-acquires-us-based-competitor-tradesy\/"},"modified":"2026-09-28T10:33:16","modified_gmt":"2026-09-28T08:33:16","slug":"vestiaire-collective-acquires-us-based-competitor-tradesy","status":"publish","type":"post","link":"https:\/\/www.joffeassocies.com\/en\/vestiaire-collective-acquires-us-based-competitor-tradesy\/","title":{"rendered":"Vestiaire Collective acquires US-based competitor Tradesy"},"content":{"rendered":"<p><a href=\"https:\/\/www.lesechos.fr\/start-up\/next40-vivatech\/vestiaire-collective-rachete-son-concurrent-americain-tradesy-1393720\">Read the article in Les Echos by Charlie Perreau, published on March 15, 2022, at 3:56 p.m.<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>Consolidation is underway in the second-hand fashion market. At the end of 2020, Vinted acquired its Dutch competitor United Wardrobe to strengthen its presence in Europe. In 2021, Etsy acquired UK-based Depop for $1.6 billion, while luxury marketplace Farfetch acquired Luxclusif. Now it is the turn of French unicorn Vestiaire Collective to acquire its US counterpart, Tradesy, for an undisclosed amount.   <\/p>\n<p>&nbsp;<\/p>\n<p>This is the first acquisition for the French second-hand fashion platform. Founded in 2009, the same year as Vestiaire Collective, Tradesy operates on the same model as the French unicorn. \u201cWhen people ask me to define Tradesy, I always say that it\u2019s the American Vestiaire Collective,\u201d explains Tracy DiNunzio, the founder and CEO of the US company. Over the past thirteen years, Tradesy has attracted 7 million members, all in the United States.   <\/p>\n<p>&nbsp;<\/p>\n<h4><strong>The United States, the No. 1 Market<\/strong><\/h4>\n<p>&nbsp;<\/p>\n<p>Unlike Vestiaire Collective \u2014 which has offices across Europe, Asia, and the United States and customers in more than 80 countries \u2014 Tradesy has never expanded beyond its home market. The deal will therefore enable its members to sell their items worldwide, while giving buyers access to products from outside the United States. \u201cOur US customers love European fashion,\u201d says Tracy DiNunzio. Vestiaire Collective\u2019s item authentication technology will also be integrated into Tradesy.<br \/>For the French company, which raised \u20ac356 million in 2021, the acquisition is part of its strategy to expand in the United States. The country is the unicorn\u2019s largest market and the one that has posted the strongest growth, up 75% in one year.    <\/p>\n<p>&nbsp;<\/p>\n<h4><strong>A New Authentication Center<\/strong><\/h4>\n<p>&nbsp;<\/p>\n<p>Combined, the two platforms have 23 million members and more than $1 billion in transaction volume. By comparison, Vinted generates more than $2.75 billion in gross merchandise volume (GMV), according to a recent report by Cross-Border Commerce Europe. However, the Lithuanian start-up is more focused on the mid- and lower-end segments, while Vestiaire primarily targets the luxury and mid-range markets, with brands such as S\u00e9zane, Maje, and Sandro.  <\/p>\n<p>&nbsp;<\/p>\n<p>Tracy DiNunzio will oversee all US operations. The US teams at Vestiaire Collective (25 employees) and Tradesy (140 employees) will gradually be merged. \u201cWe will assess each other\u2019s strengths and identify synergies,\u201d says Maximilian Bittner, CEO of Vestiaire Collective. A new authentication center will open in the Los Angeles area, becoming the French company\u2019s second in the United States, after New York, and its fifth worldwide.   <\/p>\n<p>&nbsp;<\/p>\n<p>According to Bain, the luxury resale market was worth $37 billion at the end of 2021. An increasingly attractive market for brands and brick-and-mortar retailers, which are gradually launching their own second-hand offerings, including Sandro, Galeries Lafayette, and Printemps in France. <\/p>\n<p>&nbsp;<\/p>\n<p>Charlie Perreau @CharliePERREAU<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Read the article in Les Echos by Charlie Perreau, published on March 15, 2022, at 3:56 p.m. &nbsp; Consolidation is underway in the second-hand fashion market. At the end of 2020, Vinted acquired its Dutch competitor United Wardrobe to strengthen its presence in Europe. In 2021, Etsy acquired UK-based Depop for $1.6 billion, while luxury [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":5095,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[12],"tags":[],"class_list":["post-17034","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals-en"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.4 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Vestiaire Collective acquires US-based competitor Tradesy &#8211; Joffe &amp; Associ\u00e9s<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.joffeassocies.com\/en\/vestiaire-collective-acquires-us-based-competitor-tradesy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Vestiaire Collective acquires US-based competitor Tradesy\" \/>\n<meta property=\"og:description\" content=\"Read the article in Les Echos by Charlie Perreau, published on March 15, 2022, at 3:56 p.m. &nbsp; Consolidation is underway in the second-hand fashion market. 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