×
6 375
Fashion Jobs
ESSILORLUXOTTICA GROUP
Order Entry Administrator
Permanent · THORNBURY
ESSILORLUXOTTICA GROUP
Commercial Finance Business Partner
Permanent · LONDON
NEXT
Van Driver - Sheffield Home
Permanent · SHEFFIELD
NEXT
Van Driver - Sheffield Home
Permanent · SHEFFIELD
HENKEL ADHESIVE TECHNOLOGIES
Key Account Manager Grocery
Permanent · HEMEL HEMPSTEAD
HENKEL CONSUMER BRANDS
Sales Representative - Yorkshire
Permanent · HEMEL HEMPSTEAD
HENKEL ADHESIVE TECHNOLOGIES
Supply & Stock Specialist
Permanent · HEMEL HEMPSTEAD
HENKEL ADHESIVE TECHNOLOGIES
Warehouse Administrator
Permanent · BIRMINGHAM
HENKEL ADHESIVE TECHNOLOGIES
Logistics Coordinator (Delivery Enablement)
Permanent · HEMEL HEMPSTEAD
BURBERRY
Bsp Operations Coordinator
Permanent · LEEDS
ESTÉE LAUDER
Jo Malone - CRM Coordinator
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - John Lewis -7.5 Hours
Permanent · Oxford
FRASERS GROUP
Ecommerce Delivery Manager
Permanent · SHIREBROOK
HARVEY NICHOLS
Security Officer
Permanent · BRISTOL
SHISEIDO
Nars Account Manager - Sephora Stratford Westfield (37.5)
Permanent · London
SHISEIDO
Designer Fragrances Account Manager - John Lewis Oxford Street (37.5 Hours)
Permanent · London
SHISEIDO
Nars Business Manager - John Lewis Leicester (37.5 Hours)
Permanent · Leicester
NEXT
Sales Manager - Leicester Thurmaston
Permanent · THURMASTON
NEXT
Sales Manager - Shoreham by SEA
Permanent · SHOREHAM-BY-SEA
ADIDAS
Account Operations Senior Specialist
Permanent · MANCHESTER
PRIMARK
Performance Marketing Manager
Permanent · READING
UNDER ARMOUR
Stock Teammate, PT (32 Hours) - Bicester
Permanent · BICESTER
Ads
By
Reuters API
Published
Jul 27, 2022
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Fashion resale platform Vestiaire Collective expands into South Korea

By
Reuters API
Published
Jul 27, 2022

Online fashion resale platform Vestiaire Collective said on Wednesday it is expanding into South Korea, choosing the fast-growing luxury market as a springboard for a deeper push into Asia.


Vestiaire Collective


The expansion of the Paris-based tech start-up that hit unicorn status last year comes as pre-owned fashion sales continue to grow quickly, fuelled by young, environmentally conscious shoppers seeking bargains for second-hand clothing.

The platform will be available in Korean and the company is adding an authentication site to its operations in Seoul.

While luxury labels have traditionally been wary of secondhand sellers, an increasing number are exploring ways of getting involved in the market, partly as a way to engage with younger consumers or to provide an extra service to high-spending shoppers.

Investors in Vestiaire Collective include French luxury group Kering SA which took a 5% stake last year, as well as private equity firm Eurazeo SE, Japan's SoftBank Group Corp, U.S. investment firm Tiger Global Management and Vogue publisher Conde Nast.

Founded in Paris in 2009, the platform sells fashion and leather accessories from luxury labels such as Louis Vuitton, Gucci, Prada and Dior, and in May marked its highest transaction - a Birkin handbag from Hermes that sold for 158,000 euros ($160,117).

© Thomson Reuters 2023 All rights reserved.