Tradesy

Vestiaire Collective plans to shut down Tradesy and make a major push into the US, injecting fresh competition into a market where even the biggest players are struggling to turn a profit.

With the acquisition, Vestiaire Collective and Tradesy will merge their teams and share company tools like technology in the luxury authentication space.

Investors are backing resale platforms that go after niche categories like formalwear, kidswear and outdoors apparel as the resale market continues to grow.

Luxury resale sites like The RealReal and Vestiaire Collective create an unprecedented opportunity for counterfeiters. Are they doing enough to weed out fakes?

Armed with millions of dollars of venture money, a handful of fashion ‘re-commerce’ sites are gearing up for a ‘winner-takes-all’ fight.