Vestiaire charges about 20 per cent commission for items sold over its platform. Photo: Handout Vestiaire charges about 20 per cent commission for items sold over its platform. Photo: Handout
Vestiaire charges about 20 per cent commission for items sold over its platform. Photo: Handout
Fashion

Second-hand fashion app Vestiaire Collective turns decluttering into billion-dollar business

  • Gucci and Balenciaga owner Kering takes roughly 5 per cent stake in Vestiaire, which is eyeing expansion in Asia
  • During the coronavirus pandemic, Vestiaire’s transaction volume grew more than 100 per cent year on year

Topic |   Fashion
Vestiaire charges about 20 per cent commission for items sold over its platform. Photo: Handout Vestiaire charges about 20 per cent commission for items sold over its platform. Photo: Handout
Vestiaire charges about 20 per cent commission for items sold over its platform. Photo: Handout
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