Preloved fashion giant Vinted is weighing a secondary share sale that could push its valuation to around €8bn.
The move would allow early investors in the Lithuanian-founded marketplace to partially cash out while supporting the next phase of growth for Europe’s largest resale platform. Sources told the Financial Times that discussions are at an early stage, with any formal process expected to begin in 2026.
Vinted last raised capital a year ago at a €5bn valuation in a round led by TPG and Baillie Gifford, the FT reports. Since then, the business has continued to scale rapidly, with revenues on track to climb about 40% this year to more than €1bn, up from €813m in 2024, driven by €10bn worth of goods sold through the platform. Profitability has also surged. Net profit hit €76.7m last year, four times the previous year’s figure.
Vinted has grown rapidly since its foundation in 2008, fuelled by the twin pressures of the cost-of-living and sustainability, which have helped it acquire a strong and growing user base in Europe. Although initially apparel-focused, Vinted has broadened its offering to include electronics, books, toys and video games as it targets a bigger slice of the resale market. The company is investing heavily in logistics and payments infrastructure to support this expansion.
Next phase of growth – the USA?
Earlier this month, Vinted began testing cross-border trading between London and New York, signalling ambitions to crack the US market. Vinted’s low-fee model and streamlined logistics have helped it capture mass-market appeal in the UK and Europe, particularly in price-sensitive regions like Eastern Europe and the Baltic states. In France, it’s the top clothing seller, outselling even Amazon and Shein. However, as it moves into the US, it faces entrenched competition from Poshmark and ThredUp, both of which have deep local networks and brand recognition.
The question now is whether Vinted can replicate its European success in a market where consumer expectations, shipping costs, and regulatory hurdles differ significantly. If it succeeds, the platform could become the first genuinely global resale marketplace.
What this means for retailers
For retailers, Vinted’s growth signals a structural shift in consumer behaviour. The resale market is now mainstream, and platforms like Vinted are setting expectations around affordability, convenience, and sustainability. Traditional fashion retailers face pressure to respond, whether by launching their own resale channels, partnering with third-party platforms, or integrating circularity into their business models.
The challenge is twofold: protecting brand equity while tapping into a market that values second-hand goods. Retailers that ignore this trend risk losing younger, sustainability-conscious shoppers to platforms that offer both value and a sense of community.
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