Vestiaire Collective to acquire Tradesy.

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.