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Welcome To
The Vestiaire Collective
Impact Report

Long Live Fashion!

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02 - 05 There’s only one Vestiaire Collective

Impact

Report 2022

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02 - 05 There’s only one Vestiaire Collective

How our
unique model
has a unique
impact

Scroll to discover

01
We are circular
02
Our members lead the game
03
Bringing people together
04
The Vestiaire Effect

We are circular

So, how do we help our community to reduce their environmental impact?

2363

of our members spoke to us in december 2021

57

OUT OF 80 COUNTRIES FROM OUR GLOBAL COMMUNITY WERE REPRESENTED

Let’s find out.

Our members lead the game

70% of the items purchased on Vestiaire Collective prevent a first-hand purchase. Go you!

On average, that's 23.5% higher than previous studies. 7

Why ?

The upscale effect

1

Vestiaire Collective democratises luxury fashion, opening it up to people who might not be able to afford it new. By shopping second-hand, our members find better quality items for the same money - or less!

85%

of pre-owned buyers help to reduce overconsumption by trading up to fewer, better-quality items 8

The durability boost

2

Authentic luxury fashion is well-placed for a second life. High-quality, durable and timelessly stylish pieces are infinitely preferable to new but lower quality high-street pieces. Did you know? The industry defines two types of Durability:

Physical

luxury items are usually higher quality, so they last longer and are more suitable for long-term circulation.

Emotional

luxury items are often referred to as “timeless”, meaning they remain attractive long after they were originally bought, no matter the season.

Second-hand is the new new

3

Second-hand has lost its stigma and it’s rapidly becoming popular. It’s cooler, cheaper and more sustainable, as long as it directly replaces a first-hand purchase: What’s not to love?

11X

Resale is expected to grow 11x faster by 2025 than clothing as a whole 1

33M

33 million consumers bought second-hand clothing for the first time in 2020 2

Vestiaire Collective encourages users to buy durable products and take good care of their items to maximise their resale value.

Bringing people together

Buyers

Sellers

But we don’t just support buyers. We connect them with sellers to build the circular fashion economy

By helping buyers to avoid first-hand purchases, and sellers to avoid landfilling items they no longer wear, we’re bending the linear fashion model into a circular one.

only

10%

of our sellers use their sale to directly fund new purchases

The Vestiaire Effect

Vestiaire Collective's existence means more unworn items get a second life

50%

of our sellers wouldn’t have resold their items without Vestiaire Collective

We know we’re not the only way that people can give pre-loved fashion a second life. So we asked: What you would have done with the items you sold if we didn’t exist?

50% of you think you wouldn’t have found another second-life route for your items. These are the items which, by working together, we’ve directly prevented from being left unworn in wardrobes, or even thrown away.