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Fanny Moizant of Vestiaire Collective aims to offer the biggest global reselling marketplace

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Vestiaire Collective, a Paris-based online marketplace to buy and sell authenticated pre-owned luxury fashion, has recently acquired American Tradesy. This acquisition has allowed Vestiaire Collective to grab the majority of Americans’ attention and go head-to-head against its competitor, The RealReal. Before cracking the deal, Vestiaire Collective’s US gross merchandise volume increased 75% year-over-year in the initial months of 2022 however, this deal has now made the US Vestiaire Collective’s biggest market. The co-founder and president of Vestiaire Collective, Fanny Moizant, revealed that the company is currently offering 5 million products by 10,000 brands and aims to transform the brand into the biggest global reselling marketplace.

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Consumer Goods industry will surpass $15T globally by 2025. However the old business model of mass distribution is about to become obsolete. Digital Transformation, Millennials and Gen Z effect, Direct to Consumer and Post-Covid World are going to reshape the winning formula for the new era CG industry. Our weekly newsletter covers global innovations and disruptions in CG industry.

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