Announced
Completed
Synopsis
A group of investors led a $70m funding round in Vestiaire Collective, a global platform for desirable pre-owned fashion. The round included Eurazeo, Bpifrance, Vitruvian Partners, Conde Nast, Luxury Tech Fund, Korelya Capital, Fidelity International, Vaultier7, Cuir Invest. This new round of funding will allow for further acceleration of Vestiaire Collective international business beyond the countries where the company's community is already well established. "As we all take a step back and contemplate the way we live, we believe consumption patterns are on the verge of a deep structural evolution, and C2C platforms have a strong role to play here. We see in Vestiaire Collective an emerging leader and catalyst of this upcoming disruption. We are extremely enthusiastic to support Vestiaire Collective and its founders in its expansion. There are tremendous opportunities for growth in Asia, and we look forward to helping the company accelerate its expansion in this part of the globe," Paul Degueuse, Korelya Capital General Partner.
Show Details & Financials
Did you work on this deal?
Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.
Sort
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.