Vestiaire Acquires Tradesy - Closet Full Of Cash

Vestiare Collective announces the acquistion of Tradesy

PARIS and LOS ANGELES, March 15, 2022 /PRNewswire/ — Vestiaire Collective SA (“Vestiaire Collective), the leading global online marketplace for desirable pre-loved fashion today announces the acquisition of Tradesy, Inc. (“Tradesy”), the US pioneer in the fashion resale industry. Financial terms of the deal were not disclosed.

Maximilian Bittner, CEO of Vestiaire Collective, commented: “Today’s transaction is a key milestone for the luxury fashion resale industry. By joining forces with Tracy and her team, we continue to empower our customers to drive change by making second-hand fashion a first choice. With this transaction, we confirm Vestiaire Collective’s ambition to be a truly global player, promoting circularity in Europe, the US and Asia-Pacific.”

Fanny Moizant, founder and President of Vestiaire Collective, added: “We have been very impressed with the great achievements of Tracy and the Tradesy team over the years and are very excited by the opportunity to work together to accelerate the change in the way people consume fashion. We are particularly enthusiastic about the scale we are reaching together and the associated benefits in the highly attractive US market.”

Tracy DiNunzio, founder and CEO of Tradesy, said: “Fanny, Max and their great team have done a spectacular job positioning Vestiaire Collective as the leading marketplace in our global industry. With today’s transaction, we are positioned to significantly improve the experience of US fashion customers. The Tradesy team and I are thrilled to pursue our shared mission together with the incredibly talented team at Vestiaire Collective.”

What does this mean for you? I’m taking a wait and see approach but there are a few things they can implement on both platforms to make it more user friendly.

Build a better user back end, especially for business accounts.
Add in a SKU field
Create an export feature for all listings
Build up your authentication trainings (Vestiaire)

We’ll be keeping an eye on the transition and report back what we see!

Closet Full Of Cash2022-12-09T11:18:47-08:00

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Unprecedented!!!! Actually the consignment model makes sense for @rebag and this will definitely take a bite out of The RealReals and Fashionphiles market share.
🔗 in bio to their press release

Unprecedented!!!! Actually the consignment model makes sense for @rebag and this will definitely take a bite out of The RealReals and Fashionphiles market share.
🔗 in bio to their press release

Now anyone can sell and buy on TikTok shop. That’s it. That’s the news! 🔗in bio to learn more about this titillating announcement!

Now anyone can sell and buy on TikTok shop. That’s it. That’s the news! 🔗in bio to learn more about this titillating announcement!

Starting with @shoplindasstuff eBay launches consignment for luxury handbags.

As one of the earliest sellers of luxury goods on @ebay @lindalightman has built a wildly successful consignment business that will be the first to offer consignment for luxury handbags on their platform.

Like “trading assistants” years ago, you can use one of the approved sellers to consign your luxury items and have them sell it in Ebay for you.
~
With the eBay Authenticate program in full force, this is eBay’s way of competing with the likes of @therealreal and @thredup
~
🔗 to the @bof article in my bio
~
#ebay #handbags #luxury #consignment

Starting with @shoplindasstuff eBay launches consignment for luxury handbags.

As one of the earliest sellers of luxury goods on @ebay @lindalightman has built a wildly successful consignment business that will be the first to offer consignment for luxury handbags on their platform.

Like “trading assistants” years ago, you can use one of the approved sellers to consign your luxury items and have them sell it in Ebay for you.
~
With the eBay Authenticate program in full force, this is eBay’s way of competing with the likes of @therealreal and @thredup
~
🔗 to the @bof article in my bio
~
#ebay #handbags #luxury #consignment

The end of Nancy Gonzales and no, her bags have not gone up in value.

“Between 2016 and 2019, Gonzalez used mules to smuggle over 200 python- and caiman-skin purses and handbags into the US without a permit, in violation of the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES), the indictment alleges.”

🔗 in bio to the @nypost article

The end of Nancy Gonzales and no, her bags have not gone up in value.

“Between 2016 and 2019, Gonzalez used mules to smuggle over 200 python- and caiman-skin purses and handbags into the US without a permit, in violation of the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES), the indictment alleges.”

🔗 in bio to the @nypost article

Desperate, tacky and a total turnoff.

Like are you that hard up and cannot find a way to right your ship that you have now resorted to placing banner ads on every single listing on your site?

I’m over the greed from companies like this, that won’t spend the time or money to do what’s right to create a solid, honest business but will resort to whatever tactics they can to keep their investors happy while throwing their customers under the bus.

@therealreal success leaves clues, maybe check out @fashionphile for inspiration.

Desperate, tacky and a total turnoff.

Like are you that hard up and cannot find a way to right your ship that you have now resorted to placing banner ads on every single listing on your site?

I’m over the greed from companies like this, that won’t spend the time or money to do what’s right to create a solid, honest business but will resort to whatever tactics they can to keep their investors happy while throwing their customers under the bus.

@therealreal success leaves clues, maybe check out @fashionphile for inspiration.

@hm.rewear, I can help, DM me!

@hm.rewear, I can help, DM me!

@therealreal had released the 2023 Resale Report (🔗 in bio) comments to come shortly! 😉

@therealreal had released the 2023 Resale Report (🔗 in bio) comments to come shortly! 😉

This has been going on for years with this company.
🔗in bio to the full article

This has been going on for years with this company.
🔗in bio to the full article

Times are definitely changing 🤣🤣

📸@complexsneakers

Times are definitely changing 🤣🤣

📸@complexsneakers

If a GPS tracker can be fitted inside a watch, they can put these in handbags!!! Our industry needs an updated technology to locate or at least identify stolen handbags!!!

🔗 in bio to the @nbcbayarea article

If a GPS tracker can be fitted inside a watch, they can put these in handbags!!! Our industry needs an updated technology to locate or at least identify stolen handbags!!!

🔗 in bio to the @nbcbayarea article

Several people are claiming that the bags that they purchased from Cosette are indeed fake and we’ve heard for years that this was a huge issue for them.

My advice, if you have purchased anything from this Australian resale company, get your items authenticated asap! You can use @the.fashiondetective @zeko_authentication @opnlxry or anyone else you choose but I would do it sooner than later.

🔗in bio to the @sydneymorningherald article

Several people are claiming that the bags that they purchased from Cosette are indeed fake and we’ve heard for years that this was a huge issue for them.

My advice, if you have purchased anything from this Australian resale company, get your items authenticated asap! You can use @the.fashiondetective @zeko_authentication @opnlxry or anyone else you choose but I would do it sooner than later.

🔗in bio to the @sydneymorningherald article

Of course it’s looking at luxury resale, makes the most sense!

🔗 in bio to the TFL article

Of course it’s looking at luxury resale, makes the most sense!

🔗 in bio to the TFL article

The Fifth Collection is one of the best luxury resale companies in the market and I have such respect for their decision to take a sabbatical from their business. It’s not about the love for this industry or the passion behind the business. Sometimes, you need to put YOU first.

This industry can be tough and with the last four years being unprecedented for everyone, at the end of the day you need to do what’s right for you and the people closest to you.

If it means stepping back and regrouping, that can be one of the best business decisions you can make because if you’re not 100%, nothing else will be.

While we all love our luxury, don’t forget to take time out for you.

Make sure you follow @thefifthcollection because while this is just a pause, I’m super excited to see how they re-emerge from their break. And don’t forget to shop, shop, shop!!!

To @ouna24 you are sheer class and I’m wishing you and yours nothing but blue skies! ❤️

The Fifth Collection is one of the best luxury resale companies in the market and I have such respect for their decision to take a sabbatical from their business. It’s not about the love for this industry or the passion behind the business. Sometimes, you need to put YOU first.

This industry can be tough and with the last four years being unprecedented for everyone, at the end of the day you need to do what’s right for you and the people closest to you.

If it means stepping back and regrouping, that can be one of the best business decisions you can make because if you’re not 100%, nothing else will be.

While we all love our luxury, don’t forget to take time out for you.

Make sure you follow @thefifthcollection because while this is just a pause, I’m super excited to see how they re-emerge from their break. And don’t forget to shop, shop, shop!!!

To @ouna24 you are sheer class and I’m wishing you and yours nothing but blue skies! ❤️

Jane Birkin, beloved actress and the inspiration for the Hermes Birkin has died. 🔗in bio to the full Vogue article

Jane Birkin, beloved actress and the inspiration for the Hermes Birkin has died. 🔗in bio to the full Vogue article

This is widely used for obtaining microscopic images of all those little details of a bag when trying to authenticate and it’s only $32.99 on Amazon! 🔗in bio to purchase and before you ask, I make zero dollars when sharing!

#microscopiclens #authentication

This is widely used for obtaining microscopic images of all those little details of a bag when trying to authenticate and it’s only $32.99 on Amazon! 🔗in bio to purchase and before you ask, I make zero dollars when sharing!

#microscopiclens #authentication

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