Vestiaire Collective Sees First Profit in 2026 as US Gains Eyed
An employee controls products at a logistic hub Vestiaire Collective in Tourcoing, France.
Photographer: Philippe Huguen/AFP/Getty ImagesVestiaire Collective expects to rake in its first annual profits in 2026, more than 15 years after the fashion resale platform was created, as it eyes expansion in the US.
The Paris-based company chalked up earnings before interest, taxes, depreciation and amortization during the end-of-the year shopping season, Chief Executive officer Bernard Osta said during an interview in his office Wednesday. The value of goods sold on Vestiaire Collective’s website was slightly below €1 billion ($1.18 billion) last year, giving the company €200 million in revenue, Osta added. Gross margin was above 50%, he said.