🌍 Global Expansion
Vinted, now with 65 million users worldwide, including 23 million in France, saw a dramatic increase in sales, reaching $596.3M in 2023. This marks a 61% increase from 2022, emphasizing its successful expansion into new markets like Denmark and Romania.
🔍 Focus on Luxury
Enhancing its luxury segment, Vinted acquired Rebelle in 2022 and introduced a verification service for luxury goods. "This service is already available in nine countries and will expand further," said Vinted in a statement. This move ensures authenticity and broadens its market appeal.
📦 Advancements in Delivery
Vinted has developed its delivery capabilities with Vinted Go, which added 1,500 lockers and points in France. The acquisition of Dutch delivery firm Homerr further boosts this service. Vinted plans substantial investment in Vinted Go throughout 2024, enhancing its service in France, Belgium, and the Netherlands.
🌿 Sustainability Efforts
CEO Thomas Plantenga highlights Vinted's role in promoting sustainable fashion. A recent study noted each Vinted transaction potentially saves 1.8kg of CO2. "Our mission is to make secondhand the first choice," Plantenga emphasizes, supporting both economic and environmental goals.
Will Vinted's growth influence global fashion trends?
