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Vestiaire Collective operates as a global online marketplace specializing in the buying and selling of pre-owned luxury fashion items. Catering to fashion-conscious consumers, the platform offers a wide range of designer brands at significantly reduced prices, often up to 70% off the original retail price. The business model revolves around connecting sellers of high-end fashion goods with buyers seeking quality luxury items at more affordable prices. Vestiaire Collective generates revenue through commission fees on sales made through its platform. The company serves a diverse clientele, including both sellers looking to monetize their luxury goods and buyers interested in acquiring premium fashion items at a discount. Operating in the luxury fashion market, Vestiaire Collective emphasizes the quality and authenticity of its offerings, ensuring a trusted environment for transactions. The platform's appeal lies in its ability to provide access to a curated selection of designer products, making luxury fashion more accessible to a broader audience.

Keywords: luxury, fashion, marketplace, pre-owned, designer, discount, online, global, commission, quality

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ACQUISITION by Vestiaire Collective Mar 2022