Description
Vinted, founded in 2008 and headquartered in Lithuania, has grown into one of the world’s largest secondhand clothing marketplaces, with over 105 million users across more than 20 countries. The platform’s mission is to make secondhand fashion the first choice for consumers, thereby reducing textile waste and the environmental impact of fast fashion. Vinted’s business model is unique in that it charges buyers a small fee for each purchase, while allowing sellers to list items for free.
The platform promotes the reuse and recycling of clothing, which significantly reduces the carbon footprint associated with textile production and disposal. Vinted also collaborates with partners to track and reduce its environmental impact and it actively educates users about the benefits of secondhand shopping.
Summary
Vinted is Europe’s largest online peer-to-peer marketplace for buying, selling and exchanging secondhand clothing and accessories. The platform is a pioneer in promoting sustainable fashion by extending the lifecycle of garments, reducing textile waste and making secondhand shopping accessible and affordable.