Launched in October 2009, Vestiaire Collective has become a star fashion tech company, selling pre-owned luxury fashion and accessories on-line. Its platform currently unites some 6 million members in 48 countries and registers more than 100,000 new customers each month.
The company, which developed very rapidly following its launch, has again accelerated its growth since the €33 million fundraising conducted in 2015, which allowed it to establish a US foothold. Eurazeo Croissance has since assisted the company in changing scope as it consolidates its leadership worldwide. Vestiaire Collective thus benefits from the operational guidance of Eurazeo Croissance and its international presence, particularly regarding the analysis of acquisition opportunities.
In a further effort, Vestiaire Collective has prepared another fundraising for a total of €58 million, which took place in January 2017, of which €12.5 million to be reinvested by Eurazeo Croissance. Vestiaire Collective will now be able to consolidate its European positions, continue its US development and extend its activities to new markets in the AsiaPacific zone.