Announced
Financials
Tags
United States
fashion resale
online marketplace
E-commerce
Acquisition
Cross Border
Majority
Private
Pending
Friendly
Single Bidder
Synopsis
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.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.