Vestiaire Collective bans fast fashion

News
 |  
Nov 2022
 |  
Business of Fashion
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What: As the resale site seeks to position itself as an eco-conscious player in an increasingly competitive market, Vestiaire Collective bans fast fashion leading to the removal of roughly 5% of listings.

Why it is important: The company is targeting profitability, focusing on bigger-ticket items which could more commission per sale.

Over the next three years, Vestiaire Collection plans to extend the brands banned from its platform, working with an external consultant to establish a robust set of criteria, including metrics like product quality, carbon footprint and supply-chain working conditions. The resale company is also working on a policy position paper with The Or Foundation, a charity working in the Kantamanto market in Accra, Ghana, one of the world’s largest secondhand markets and the destination of millions of discarded clothes.


Vestiaire Collective bans fast fashion