Vinted is minted and is about to embark on a major growth initiative. The business, which claims to be the largest online C2C marketplace in secondhand fashion across Europe, has secured €250 million in new funding.
Global Fashion Group saw a strong Q1 as it attracted more customers to its websites and enjoyed a solid recovery in repeat customers. It also attracted more brands and marketplace net merchandise value almost doubled.
Teen apparel brand PacSun announced on Friday several leadership changes where Alfred Chang, PacSun president, and Michael Relich, interim CEO of PSEB Group, will be elevated to co-chief executive officers.
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