Galeries Lafayette Champs-Elysées permanently partners with Vestiaire Collective

news February 2021 Fashion Network (French)

What: having run a successful test, Vestiaire Collective opens a concierge corner

Why is it important: second hand is an opportunity for department stores to become more sustainable and create additional traffic

After a successful test, Vestiaire Collective settled permanently in Galeries Lafayette Champs-Elysées. The high-end second-hand fashion platform offers a concierge service, where customers can drop off clothes and accessories (from premium, designer or luxury labels) that they wish to sell on the platform.

Items validated are put online on the platform and are not available for purchase in the store.

This partnership with Vestiaire Collective is a way for the department store to develop its virtuous fashion segment. Galeries Lafayette, like the second-hand platform, is one of the companies in the sector that have recently made CSR commitments following the citizen consultation initiated by Paris Good Fashion. 

Born in Paris in 2009, Vestiaire Collective continues its development, after having leveraged EUR 59 million last year thanks to 3 new investors (Korelya Capital, Vaultier7 and Leather Invest).

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