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New Deal


Announced

Vestiaire Collective to acquire Tradesy.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

fashion resale

online marketplace

E-commerce

Acquisition

Cross Border

Majority

Private

Pending

Friendly

Single Bidder

Synopsis

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Vestiaire Collective, a global online marketplace for desirable pre-loved fashion, agreed to acquire Tradesy, the US pioneer in the fashion resale industry. Financial terms were not disclosed. "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," Maximilian Bittner, Vestiaire Collective CEO.

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