Behind the Scenes of a Women-Led Acquisition
broke in March, the details surrounding how the deal came about and the future of Tradesy remained a bit hazy.merged its entire platform with Vestiaire Collective, bringing its 7 million U.S. members into Vestiaire Collective’s global platform. This gives Vestiaire, which already has a presence in Europe and the Asian-Pacific regions, a firm foot in the competitive resale landscape in the U.S. Like Tradesy, Paris-based Vestiaire Collective is a global luxury resale marketplace.
do we keep raising venture capital or do we start thinking about consolidating with another company in this category to form a bigger entity? MC: How is Vestiaire Collective impacting the way people shop and was this mission aligned with Tradesy’s?We had very similar business models, which made joining forces feel natural and authentic. Our customers buy and sell directly from each other, which reduces the shipping journey and hence, our carbon footprint. Vestiaire Collective made big strides in the industry last year by becoming the first B-Corp-certified luxury fashion resale platform.
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