Popular in Europe, Vinted is disproving the conventional wisdom about the resale market. Can it eventually crack the U.S.?

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.

Vinted, a site where consumers can sell and buy second-hand fashion, has raised €128 million (around $140.9 million) in a round that is being led by Lightspeed Venture Partners, with previous ...

Posting its latest results, Vinted said that sales had risen to about $639 million last year, while profit after tax was $19.1 million, reversing a loss of about $21.4 million a year prior.

From launching Armani’s first website to leading brand at Europe’s biggest pre-loved platform, Andrew Smith tells Tim Healey how Vinted is scaling with clarity, creativity and commercial focus.

Founded in 2008, Vinted has seen an explosive increase in its UK user base, growing from a million users in 2020 to over 2.5 million in 2023. This surge is accompanied by a staggering 75% year-on ...