Vestiaire Collective is the leading global online marketplace for desirable pre-loved fashion. Our mission is to transform the fashion industry for a more sustainable future by empowering our community to promote the circular fashion movement. Vestiaire was founded in 2009 and is headquartered in Paris with offices in London, Berlin, New York, Singapore and Hong Kong and warehouses in Tourcoing (France), Crawley (UK), Hong Kong and New York. We currently have a diverse global team of 1000 employees representing more than 50 nationalities. Our values are community, activism, transparency, dedication and greatness. We are proud to be a BCorp.
Vestiaire Collective
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2.27
Overall Excellence Rating
Industry
Information TechnologyCategory
Internet & Web ServicesESG/Ethical Impact
As resale grows, we proudly lead the way by introducing socio-economic impact measurement. We have developed this report not as a beauty contest but as a transparency exercise, going into all aspects of our business. Our unique circular business model not only sets us apart but also enables us to make a significant impact in driving sustainability within the fashion industry. The future of fashion is circular In a world where we’re buying more clothes but wearing them less, Vestiaire Collective is here to disrupt consumption behavior by changing the way people buy. Buying a used garment extends its life by 2. 2 years on average, reducing its carbon, waste and water footprint by 73%. Buying on Vestiaire Collective replaces first-hand purchases A well-known benefit of resale is that it prolongs the lifespan of an item, but that’s not the only way to fight overconsumption. Buying on Vestiaire Collective also prevents first-hand purchases. Every time you choose a pre-loved item on Vestiaire Collective instead of buying a new one, environmental impact is avoided. We call this our displacement rate.
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Awards Received
2023
Revenues
63300000.00
Website Traffic
Employee Rating
3.30
Customer Rating
Company Size
100-1000
ESG Risk Rating
3.00
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