How Vinted became the first profitable ‘pre-loved’ clothing marketplace

This article features an interview with Vinted CEO Thomas Plantenga, who is speaking at TNW Conference on June 21. Check out the full event schedule here. Vinted CEO Thomas Plantenga has reason to celebrate. His company recently became the first “pre-loved” clothing platform to make a profit after a monumental 61% surge in sales. It’s now firmly established as Europe’s largest online marketplace for second-hand fashion. The results represent a remarkable turnaround. When Plantenga joined Vinted in 2016, the company was on the verge of collapse.  The trouble emerged despite a promising start based on a common problem. It was…

This story continues at The Next Web

from https://thenextweb.com/news/vinted-ceo-thomas-plagenta-interview-second-hand-fashion