Announced
Completed
Financials
Sources
Tags
Venture Capital
Apparel Retailers
appearel
France
Acquisition
Friendly
Private
Cross Border
Private Equity
Completed
Minority
Synopsis
SoftBank Vision Fund 2, a fund with a goal to invest in AI-based technology, led a $209m funding round in Vestiaire Collective, an apparels retailer. Additional investors include Generation Investment Management, Bpifrance, Condé Nast, Eurazeo and Korelya Capital. “We need to make sure that we're ready for Asia, not the other way around. Asian consumers are today the most sophisticated e-commerce shoppers in the world," Maximilian Bittner, Vestiaire Collective Chairman and CEO.
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