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

Leave A Comment Cancel reply

Join me, @grahamwetzbarger and @nonhufriends on July 22nd in Houston, TX where we will hold a master class on luxury handbag authentication.

Two registration options, one with a training binder and one without for those that feel pretty confident but want to keep up on the trends.

Class will start promptly at 3pm and feel free to bring up to five items for in person authentication and get your questions ready!

🔗 in my bio for more details and registration!

Join me, @grahamwetzbarger and @nonhufriends on July 22nd in Houston, TX where we will hold a master class on luxury handbag authentication.

Two registration options, one with a training binder and one without for those that feel pretty confident but want to keep up on the trends.

Class will start promptly at 3pm and feel free to bring up to five items for in person authentication and get your questions ready!

🔗 in my bio for more details and registration!

So, if you only need a business account and not the device to authenticate sneakers through Entrupy, does this mean an app is coming for handbag authentication? #pleasesayyes

So, if you only need a business account and not the device to authenticate sneakers through Entrupy, does this mean an app is coming for handbag authentication? #pleasesayyes

This is a hard one as I love Nordstrom but, counterfeits have gotten so good that you must have a deeper authentication practice in place, no matter who you are.

🔗in bio to the article.

#counterfeits #nordstromrack #patagonia

This is a hard one as I love Nordstrom but, counterfeits have gotten so good that you must have a deeper authentication practice in place, no matter who you are.

🔗in bio to the article.

#counterfeits #nordstromrack #patagonia

“tems from brands including Aimé Leon Dore, Fear of God, Supreme, Off-White, Palace and Stone Island, Bape, Kith and Vetements, and sold for more than $200 will be eligible. By the end of September, eBay will launch additional eligible brands including Adidas, Alexander Wang, Balenciaga, Burberry, Cactus Plant Flea Market, Chrome Hearts, Comme des Garçons, Dior, Eric Emanuel, Fendi, Givenchy, Gucci, Jordan, Louis Vuitton, Nike, OVO, Palm Angels, Prada, Rhude, Versace and Visvim.”

They couldn’t have done this without the acquisition of Certilogo and unfortunately, like on Poshmark, fakes will be listed at under that $200 threshold. 🔗 in my bio to the WWD article.

“tems from brands including Aimé Leon Dore, Fear of God, Supreme, Off-White, Palace and Stone Island, Bape, Kith and Vetements, and sold for more than $200 will be eligible. By the end of September, eBay will launch additional eligible brands including Adidas, Alexander Wang, Balenciaga, Burberry, Cactus Plant Flea Market, Chrome Hearts, Comme des Garçons, Dior, Eric Emanuel, Fendi, Givenchy, Gucci, Jordan, Louis Vuitton, Nike, OVO, Palm Angels, Prada, Rhude, Versace and Visvim.”

They couldn’t have done this without the acquisition of Certilogo and unfortunately, like on Poshmark, fakes will be listed at under that $200 threshold. 🔗 in my bio to the WWD article.

Is this where all the missing items that were sent to The Cobblers for restoration went to?

Is this where all the missing items that were sent to The Cobblers for restoration went to?

Using RFID at the manufacturing level and with brands like Versace, Stone Island and more, this acquisition of Certilogo by eBay is a big step in the race to blockchain all data.

Certilogo’s platform uses digital technology to empower brands and designers to manage the lifecycle of their garments, while providing consumers a seamless way to confirm authenticity, access reliable information about branded items, and easily activate circular services.

Read the story by clicking on the link in my bio!

Using RFID at the manufacturing level and with brands like Versace, Stone Island and more, this acquisition of Certilogo by eBay is a big step in the race to blockchain all data.

Certilogo’s platform uses digital technology to empower brands and designers to manage the lifecycle of their garments, while providing consumers a seamless way to confirm authenticity, access reliable information about branded items, and easily activate circular services.

Read the story by clicking on the link in my bio!

👏🏼👏🏼👏🏼 good call @adidas
🔗 in bio to the article

👏🏼👏🏼👏🏼 good call @adidas
🔗 in bio to the article

I was hesitant to post this article from @nytimes because it basically is a fluff piece for the writer and her getting one on by carrying a fake Celine in Paris. 🥱 🔗 in my bio to the ad filled article.

More information on The RealReal and their authentication practices tomorrow! 😬

I was hesitant to post this article from @nytimes because it basically is a fluff piece for the writer and her getting one on by carrying a fake Celine in Paris. 🥱 🔗 in my bio to the ad filled article.

More information on The RealReal and their authentication practices tomorrow! 😬

So close!

Ebay backed Cudoni and now they’re saying, “Additionally, eBay plans to offer refurbished items to attract shoppers who are more price-conscious.”

I’m all for finding a great deal but this sudden increase in selling trash has to stop, especially because the price is NOT reflecting the condition.

How do you feel about lower condition grade handbags? What are your thoughts? 🔗 in bio to the article

Ebay backed Cudoni and now they’re saying, “Additionally, eBay plans to offer refurbished items to attract shoppers who are more price-conscious.”

I’m all for finding a great deal but this sudden increase in selling trash has to stop, especially because the price is NOT reflecting the condition.

How do you feel about lower condition grade handbags? What are your thoughts? 🔗 in bio to the article

This article (🔗 in my bio) is chock full of great tips on Chanel by @boutiquepatina #mustread #sharingiscaring

This article (🔗 in my bio) is chock full of great tips on Chanel by @boutiquepatina #mustread #sharingiscaring

Now this is how you do resale as a brand! Authenticity confirmed, two year warranty and that iconic wax seal straight from the brand itself. #winner 🔗 in bio to the article on @robbreport

They recently raised $9.2 million and now they’re shutting down. I do not believe this is indicative of the resale industry’s future but more of maybe bad management. 🔗 in bio to read the article on @bof

They recently raised $9.2 million and now they’re shutting down. I do not believe this is indicative of the resale industry’s future but more of maybe bad management. 🔗 in bio to read the article on @bof

I’ve been to this literal supermarket of counterfeit goods and it was crazy! Armed men outside, each little kiosk of nothing but fake everything and it was open for business for at least 10 years! 🔗 in bio to the article

I’ve been to this literal supermarket of counterfeit goods and it was crazy! Armed men outside, each little kiosk of nothing but fake everything and it was open for business for at least 10 years! 🔗 in bio to the article

Interesting article from @voguebusiness on how Gen Z loves Dupes which are “not technically” counterfeits 🤣 Are Dupes bad for fashion brands? That’s the question…..and yes is the answer.

If you love luxury, you want to buy luxury and if you can’t afford the price points, dupes have become acceptable because we’re a “I want it now” society without thinking of the repercussions of our choices.

This leads to smaller brands who work so hard to build a name for themselves being robbed of their intellectual property from these big players in the space.

🔗 in bio to the article

Interesting article from @voguebusiness on how Gen Z loves Dupes which are “not technically” counterfeits 🤣 Are Dupes bad for fashion brands? That’s the question…..and yes is the answer.

If you love luxury, you want to buy luxury and if you can’t afford the price points, dupes have become acceptable because we’re a “I want it now” society without thinking of the repercussions of our choices.

This leads to smaller brands who work so hard to build a name for themselves being robbed of their intellectual property from these big players in the space.

🔗 in bio to the article

Follow on Instagram

Copyright © 2023 Closet Full Of Cash, All Rights Reserved