Peer-to-peer resale platform Vinted is an outlier in the industry: it’s profitable and still growing — reporting a 330% jump in net profits to €76.7 million in 2024. To capitalize on that position, it ...
Investors have thrown billions of dollars at loss-making luxury clothing resale platforms. But the Baltic country's first unicorn is now turning a profit by selling vintage looks for cheap. Thomas ...
LONDON, April 29 (Reuters) - Vinted, an app where users buy and sell second-hand clothes, reported a 36% increase in revenue for 2024 on Tuesday and said its profit more than quadrupled, as more ...