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Russian Federation, Moskva
1 Level
20 Review
1.75 Karma

Review on Vestiaire Collective by Daria Logunova

Revainrating 5 out of 5

My review of the company Vestiaire Collective - resale platforms for luxury items

Today's largest resale website opened in 2009, when enterprising Frenchwoman Fanny Moisan decided to deal with the consequences of the crisis in a very original way. She saw that many bloggers began to sell branded items, called friends and launched a resale platform. Since then, the company has raised $37 million in investments (including Condé Nast, by the way) and has grown to a staff of 340 employees and offices in 48 countries.



Almost every major brand can be found on the site, Moisan says, but right now there is a demand for Dior, Fendi, Off-White and Celine from the Phoebe Philo era. “Many people come to us for unique and rare items, such as vintage watches and bags, as well as for must-haves from the latest collections that have just been sold out,” the founder of the company adds. The procedure for selling Vestiaire Collective is extremely simple, and sellers often manage to get up to 80% of the original price of a luxury item back. The system of badges helps to navigate the platform: they are issued to those who have made at least two successful transactions in the last four months. Today, the platform has eight million customers worldwide, and by the end of 2019, Vestiaire Collective will finally add Russia to the delivery area. resale platforms for luxury items.



The online store vestiairecollective.com has a number of advantages:



Branded items are at least 30% cheaper than in stores. For example, Kenzo skirts, which usually cost 20-30 thousand rubles, will cost 150-200 euros here (within 16,000 rubles).

In the product cards, in addition to the usual addition to the cart, the “Make an offer” option is available when you offer the seller your price for the selected item, and he agrees or refuses.

You can profitably sell your own used item. The option, however, is currently not available for users from Russia.

Checking each product and quality assurance. Representatives of the company ask each seller for detailed photos at the time of displaying the goods and before shipping, and the buyer, if he finds inconsistencies or a defect, takes his photos and can receive compensation.

Easy return of unsatisfied goods within 72 hours. Even if you just didn't like it. You receive the proceeds from its resale.

Several dozen categories of goods (more than 25,000 items appear every week).

Express delivery available within 24-48 hours.



Vestiaire Collective's specialists act as intermediaries between people who sell clothes, shoes, jewelry, textiles, sports equipment and other products of famous brands and buy them. At the same time, each product, as we are promised, is checked for compliance with the brand and condition. For this, the online store takes a commission from both participants in the transaction. However, the cost of things, even with this in mind, is more profitable than in ordinary stores.

img 1 attached to Vestiaire Collective review by Daria Logunova
img 2 attached to Vestiaire Collective review by Daria Logunova
img 3 attached to Vestiaire Collective review by Daria Logunova



Pros
  • Sale of personal branded goods
Cons
  • Mandatory prepayment