Vinted news and archive

Second-hand fashion marketplace Vinted swings to profit

Vinted delivered revenue growth of 61 percent in 2023, with double digit profitability. The company said in a statement that this second-hand fashion marketplace in Europe, posted 596.3 million euros in revenue, adjusted EBITDA of 76.6 million euros, and net profit of 17.8 million euros versus a net loss in 2022 of 20.4 million euros. Commenting...

Business

Vinted acquires Danish marketplace Trendsales

Second-hand marketplace Vinted has announced the acquisition of Trendsales, a Danish marketplace through which it looks to solidify its presence in the Nordic region. The move comes shortly after Vinted made debuts in Sweden, Finland and Denmark, where it launched in September 2023 as part of its continued expansion plan. Here, Trendsales has...

BusinessFeatured

Fashion re-sellers must report sales to tax authorities

Individuals engaged in online side businesses such as reselling fashion and accessories, can anticipate increased scrutiny from tax authorities, with platforms such as Vinted and eBay now obligated to collect and share transaction details with HMRC as of January 1st. These measures, aligned with international efforts led by the Organisation for...

Business

Vinted introduces item verification to UK platform

Secondhand marketplace Vinted has introduced a new Item Verification service to its UK platform, allowing users to access authenticity checks on select designer items. The service costs 10 pounds an item, paid for by buyers, and is eligible for brands listed at 100 pounds or over, each of which will display a diamond-shaped badge on the product...

Business

Vinted acquires Dutch delivery service Homerr

Dutch parcel delivery company Homerr is being acquired by Vinted Go, the shipping arm of secondhand platform Vinted and a subsidiary of the Vinted Group. The amount involved in the acquisition was not disclosed by the companies. Homerr was founded in the Netherlands in 2016 and currently has a network of social and commercial pick-up and...

Fashion

Rankin shoots Vinted secondhand fashion for exclusive editorial

Renowned British photographer Rankin recently partnered with secondhand fashion marketplace Vinted for an editorial shoot exclusively styled with Vinted finds. The fashion story follows Vinted’s first-ever Climate Change Impact Report, and according to the site, it serves as “a reminder that pre-loved is a better lifestyle choice for the...

Culture

Vinted continues its TV-based strategy, strikes deal with ITV’s This Morning

Just two weeks after it struck up a multi-faceted deal with Channel 4, secondhand marketplace Vinted has now announced another television-based partnership with broadcasting network ITV. The deal will see the company become This Morning’s new pre-loved fashion partner, sponsoring the daytime programme’s fashion segment through the use of 10 inch...

Culture

Vinted partners with Channel 4 on four-part series

Secondhand clothing platform Vinted has partnered with Channel 4 on a four-part digital series for the British broadcasting network’s YouTube channel. Entitled ‘Second Hand Style-Up’, the programme will see hosts Jorgia Porter, from Hollyoaks, and stylist Emma Winder purchase second-hand clothing for guests who have used Vinted to sell their...

Fashion Featured

eBay is the cheapest resale platform, data shows

Searching for a Dior Saddlebag, Mulberry Satchel or Jacquemus Bambino on resale platforms will come with great variance in options, especially price. New data from VoucherCodes.co.uk, who analysed the cost of 20 of the most popular branded fashion items this year across three pre-loved sites including Depop, eBay, and Vinted, saw big variations...

BusinessFeatured

Vinted Go announces launch of its B2B digital shipping platform.

Vinted, a Lithuanian online marketplace for buying, selling and exchanging new or secondhand items, has launched a B2B digital shipping platform, as part of Vinted Go, a shipping services business it debuted last month. The new platform brings together and optimises third party carrier infrastructure for Vinted’s marketplace and for future...

Business

Vinted updates US app to help sellers earn more money

European second-hand clothing platform Vinted has revealed a rejuvenation of its mobile app for the US market, with the goal of improving its buyer and seller experience in the region. The consumer-to-consumer (C2C) marketplace, which launched in North America and Canada in 2021, has brought new features to its platform to further facilitate the...

Business

Vinted reigns as number one resale market place in EU

A study carried out by Cross-Border Commerce Europe has found that Vinted is now the number one second-hand marketplace in the EU and the UK, overtaking Ebay. Results for the ‘Top 100 Cross-Border Sustainable Marketplaces operating in Europe’ are based on sustainability data from the best performing marketplaces across all platform types, with...