Vestiaire Collective overhauls commission structure, cementing its position as the most desirable fashion site

Vestiaire Collective, the leading global resale site for desirable pre-owned fashion today reveals substantial changes to its commission structure. The move will significantly reduce the cost of pieces across the site’s desirable inventory, ensuring that Vestiaire Collective is the most appealing resale site for buyers and sellers alike.

The resale industry is currently estimated to be around 8% of the 260€ billion luxury market* with forecasters predicting that the industry will double in size by 2022. As more fashion consumers turn to resale as a sustainable way to access the products they desire, the next few years will prove to be a turning point for the industry and consumers alike. With its strong fashion DNA, Vestiaire Collective is perfectly placed to capture this market, offering a unique desirable inventory, engaged global community and rigorous quality and authenticity checks.

As part of the new vision for the company, under the leadership of new CEO Max Bittner, Vestiaire Collective reveals a significant overhaul of its commission structure, ensuring that Vestiaire Collective remains the most competitive resale site in the market. The new changes will reduce Vestiaire Collective’s commission and prices by an average of 10% across the catalogue, meaning the price of its highly desirable inventory will be made significantly more accessible overnight. The commission drop will also positively impact sellers who will be able to sell their items at a faster rate. The change will most significantly impact customers looking to buy and sell pieces at more accessible price points and also items that fall into the rare, desirable high-luxury category, as these pieces will enjoy a capped commission.