How did Vestiaire Collective turn second-hand fashion into a €1 billion global luxury marketplace?
Live from Shoptalk Europe, Katie Street speaks with Bernard Osta, CEO of Vestiaire Collective about the rapid growth of luxury resale and why the industry is entering a new era of profitable growth.
Bernard reveals how the platform attracts buyers and sellers across 70 countries, the luxury brands holding their value and why younger consumers are changing the perception of second-hand fashion.
They also explore Vestiaire Collective’s partnerships with brands including Gucci, Chloé and Burberry, its latest collaboration with Zalando and how AI could transform search, authentication and the customer experience.
Topics covered include:
00:00 - Inside the world of luxury resale
01:17 - Building a €1 billion global marketplace
02:47 - Why second-hand fashion is entering a new era
04:25 - How younger consumers are driving adoption
05:29 - Which luxury products hold their value?
07:43 - Using AI to improve product discovery
08:09 - Why resale can introduce customers to luxury brands
10:10 - Vestiaire Collective’s partnership with Zalando
12:28 - How its luxury brand partnerships work
13:26 - From investment banking to fashion CEO
15:30 - The luxury brands performing best in resale
18:07 - Staying focused while growing a marketplace
19:46 - What resale data reveals about luxury shoppers
21:06 - How AI could transform Vestiaire Collective
23:24 - Why trust and authentication remain essential
Subscribe to Marketing in the Madness for more conversations with the retail leaders shaping the future of commerce, technology and customer experience.
Audio version available on:
Spotify: https://open.spotify.com/show/2UUIgMdZ6FdSCrux5BY7PI?si=c48bdbecb5be4a6e
Apple Podcasts: https://podcasts.apple.com/us/podcast/marketing-in-the-madness/id1688996981
Connect with us:
Bernard Osta
LinkedIn: https://www.linkedin.com/in/bernard-osta-799ab88b/
Katie Street
LinkedIn: https://www.linkedin.com/in/katiestreet/
Instagram: https://www.instagram.com/streetmate/
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