• Latest
  • Trending
  • All
  • Industry
  • Compliance
  • Global Trade
  • Industry
  • Sustainability & Ethics
  • Video
  • Security & Risk
Vinted Releases Inaugural Luxury Category Report

Vinted Releases Inaugural Luxury Category Report

05/28/2024
Larry Company Nominated for Go Global Awards 2025

Larry Company Emerges as Iraq’s Largest Name in Pools Spas and Construction

06/26/2025
Larry Company Nominated for Go Global Awards 2025

Larry Company Nominated for Go Global Awards 2025

06/26/2025
The Allied Founders Celebrates Over 5 Decades of Excellence in Cast Iron Manufacturing and Global Export

The Allied Founders Pvt Ltd Nominated for Go Global Awards 2025

06/25/2025
The Allied Founders Celebrates Over 5 Decades of Excellence in Cast Iron Manufacturing and Global Export

The Allied Founders Celebrates Over 5 Decades of Excellence in Cast Iron Manufacturing and Global Export

06/25/2025
Comet Web Solutions LLP Nominated for Go Global Awards 2025

Comet Web Solutions Empowers Global Businesses Through Digital Innovation

06/26/2025
Comet Web Solutions LLP Nominated for Go Global Awards 2025

Comet Web Solutions LLP Nominated for Go Global Awards 2025

06/25/2025
CloudFirst Technology Private Limited Nominated for Go Global Awards 2025

CloudFirst Technology: Pioneering Cloud Innovation with Global Impact

06/25/2025
CloudFirst Technology Private Limited Nominated for Go Global Awards 2025

CloudFirst Technology Private Limited Nominated for Go Global Awards 2025

06/25/2025
UK Private Sector Growth Shows Modest Recovery Amid Ongoing Tariff Pressures

UK Private Sector Growth Shows Modest Recovery Amid Ongoing Tariff Pressures

06/23/2025
3rd Dairy Market Innovation Asia Pacific Summit 2025

Be Part of the 3rd Dairy Market Innovation Asia Pacific Summit 2025

06/20/2025
S.K.Singhi & Partners LLP Expands Global Legal Reach with LEXITS Platform and International Recognition

S.K.Singhi & Partners LLP Nominated for Go Global Awards 2025

06/19/2025
S.K.Singhi & Partners LLP Expands Global Legal Reach with LEXITS Platform and International Recognition

S.K.Singhi & Partners LLP Expands Global Legal Reach with LEXITS Platform and International Recognition

06/19/2025
supplychainreport
Saturday, June 28, 2025
  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars
No Result
View All Result
supplychainreport
No Result
View All Result

Vinted Releases Inaugural Luxury Category Report

by Daisy D.
05/28/2024
in Luxury Goods

Vinted, the online marketplace, is expanding its focus on the luxury goods sector and has issued its first report detailing its performance within this category. The report reveals that items from brands like Louis Vuitton, Chanel, and Gucci are prominently featured among those sold on the platform for over €500.

Although Vinted has not disclosed specific revenue figures, the analysis of its luxury category demonstrates consistent popularity for leading labels such as Hermès, Dior, Saint Laurent, and Prada, consistently ranking among the top 10 best-sellers across Vinted’s approximately 20 national markets. However, individual markets exhibit variations in demand and product preferences.

YOU MAY ALSO LIKE

Designer Fragrances Embrace Niche Market Trends

Luxury Brands Adjust Strategies to Appeal to Aspirational Consumers

Cécile Wickmann, Vinted’s head of luxury, noted some interesting market trends, stating, “In general, the sale of second-hand fashion items is thriving in Italy, with a surplus of vendors compared to buyers. Conversely, France leads in purchases, with a higher number of buyers than vendors. Additionally, we observe distinct preferences among members across different European regions, such as high demand for high-end moccasins in the Netherlands and a preference for black luxury items among British members.”

According to the report, brands like TAG Heuer and Canada Goose are among the top 10 most desired in the UK, while Celine and Bottega Veneta enjoy high demand in Germany. Spanish members show particular interest in Omega products.

In France, Vinted’s largest market boasting 27 million registered members, Chanel, Hermès, and Dior are dominant. Similarly, local brands enjoy strong positions in their respective markets, such as Mulberry in the UK, Fendi and Gucci in Italy, Loewe in Spain, and MCM in Germany.

The release of this report underscores Vinted’s commitment to establishing itself within the luxury segment, traditionally occupied by competitors like Vestiaire Collective. In recent years, Vinted has taken strategic steps toward this goal, including the acquisition of the German luxury resale site Rebelle in 2022 and the introduction of a product verification service aimed at enhancing buyer confidence in luxury goods purchases.

In 2023, after years of focusing on expanding its offerings and increasing site traffic, Vinted reported its first profit. The company posted a net income of €17.8 million last year, a significant turnaround from the €20.4 million loss recorded in the previous year. This positive outcome was supported by a notable 61% increase in revenue, reaching €596.3 million in 2023.

Discover supply chain news insights on The Supply Chain Report. Enhance your international trade knowledge at ADAMftd.com with free tools.

#VintedLuxuryReport #LuxuryMarketInsights #VintedAnalysis #FashionTrends #SupplyChainNews

ShareTweet

Subscribe Our Newsletter

Share Your News

Whether it’s a groundbreaking achievement, a heartwarming tale, or an insightful perspective, we want to hear it. Share your news with us, and let’s amplify your voice in the digital symphony of stories.

Submit

A man is riding a bike on a hill.

The Supply Chain Report is your essential daily news website, serving as a trusted source for comprehensive coverage of the complex and ever-evolving global supply chain dynamics. Our expert team delves into the intricacies of international trade, manufacturing, logistics, importing, exporting, and supply chain management; providing in-depth analysis and up-to-date news on the latest trends, disruptions, and technological advancements affecting industries worldwide. From detailed reports on international trade through to insights into procurement strategies and inventory management, we offer valuable content that helps professionals stay informed and make knowledgeable decisions in a fast-paced market.

Each day, we bring you cutting-edge news and expert commentary that dissect significant international trade and supply chain issues Our coverage spans a wide array of sectors including manufacturing, retail, healthcare, food, consumer goods, and technology, ensuring that no matter your field, you have the strategic information needed to navigate the challenges and opportunities of today’s supply chain landscape. By synthesizing complex data and presenting actionable insights, The Supply Chain Report empowers business leaders, policymakers, and logistics professionals to optimize their operations and drive forward with confidence in an interconnected world.

Connect With Us

  • About
  • Events
  • Privacy Policy
  • Contact Us

© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.

No Result
View All Result
  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars

© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.