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Vestiaire Collective’s Luxury Resale Model Nabs $209M

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

Secondhand luxury platform and B Corp Vestiaire Collective has raised 178 million euros ($209.2 million) in a financing round. The financing round was backed by SoftBank Vision Fund 2 and Generation Investment Management, which will take an observer seat. SoftBank Vision is the venture capital arm of SoftBank Group, the world’s largest technology-focused investment fund….

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