Lazada’s CEO jumps to Vestiaire Collective

Vestiaire Collective, the global resale site for authenticated pre-owned luxury and premium fashion, has announced the appointment of Maximilian Bittner as CEO.He will succeed Sébastien Fabre, the co-founder of Vestiaire Collective, from January 1, 2019 in Paris, where the core team is located.

Sébastien Fabre will remain a Director of the Company and will continue to play a key role in defining Vestiaire Collective’s strategy.

Maximilian Bittner was chosen to build Vestiaire Collective’s growth and international expansion.

At 39 years old, he was, until March 2018, Founder and CEO of Lazada Group, one of Southeast Asia’s leading ecommerce company.

Launched in 2012, the company is present in Indonesia, Malaysia, Philippines,  Singapore, Thailand and Vietnam and offers exposure and market access to over 155,000 merchants, 3,000 brands and 300 million SKUs and reaches over 560 million potential customers in the region.

Alibaba Group acquired majority ownership of Lazada Group over 2016 and 2017.

The company’s latest valuation was USD 3.15 billion.

Maximilian began his career at Morgan Stanley’s Investment Banking division in London prior to joining McKinsey & Company and then Rocket Internet in Germany.

He graduated with a degree in Economics and History from the University College of London and holds an MBA from the Kellogg School of Management.