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.

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.

Lithuanian second-hand marketplace giant Vinted has reported a leap in revenue and profits for 2024, as demand for pre-owned goods helps drive the sector globally.

Vinted, the popular online marketplace for second-hand fashion, has announced its first-ever annual profit. The milestone follows a strong 2023, reaching €596.3mn in revenue — a 61% increase ...

Vinted: Declutter, make money, but beware of ghosting. You can make a saving when you buy secondhand, whether that’s at your local charity shop or online sites like Vinted and eBay.

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 ...

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