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EXCLUSIVE: Vestiaire Collective to Partner With Zalando

EXCLUSIVE: Vestiaire Collective to Partner With Zalando

Online fashion giant Zalando is extending its pre-owned offerings by teaming up with the France-based second-hand luxury e-tailer Vestiaire Collective. 

From Thursday, shoppers in 14 European markets who already have access to Zalando’s secondhand clothing and accessories platform will also be able to select from a collection of a few thousand items from more then 50 brands.

The service will be rolled out to Austria, Belgium, the Czech Republic, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Poland, Spain and Sweden.

Zalando already provides all kinds of services to other retailers and brands, from logistics to marketing and customer data, but this is the first time that the Berlin-based e-commerce platform, which has around 62 million active users, is opening up its pre-owned category to a partner.

“Our pre-owned assortment is very successful on Zalando and it sells out pretty fast,” says Alice Marshall, director of pre-owned at Zalando. “On average we sell about 60 percent of the [secondhand] items that are put online within the first seven days.”

That is often even faster for premium items, she told WWD. “So we know that our customers are interested in designer items. That’s why I think it’s a win-win situation for both Zalando and Vestiaire and ultimately for our customers.”

Vestiaire Collective made its name by offering what is known as peer-to-peer sales of premium and luxury brands — that is, a private individual who owns a Chanel handbag could sell it directly to another private individual, with Vestiaire Collective providing a platform for the sale and verifying that the branded item was genuine. 

The new partnership with Zalando won’t work exactly like that though, Thomas Hezard, chief product officer at Vestiaire Collective, explained. 

“What we have decided to do is to leverage our own inventory,” he told WWD. This means the collection available is smaller, but of higher average quality. It includes ready-to-wear, footwear, handbags and accessories

On the plus side, this means that fans of pre-owned luxury benefit from all of Zalando’s usual services, like fast delivery and a 30-day return period, with the latter a particular bonus for anybody who ever hesitated about buying peer-to-peer because they couldn’t return the item to a private seller. (Instead Vestiaire would list it again for free.) This removes that concern: Should an item be returned, it would then be re-authenticated by Vestiaire Collective.

Zalando itself would make money from each sale, using their commission system. 

But could regular users of Vestiaire Collective be underwhelmed by the Zalando partnership? After all, the French platform has millions of listings, over 1,000 brands and adds tens of thousands of new items daily. 

Marshall doesn’t think they will be. “I think what we really wanted to do with this partnership was explore with Zalando’s customers,” she said.  

Zalando knows there is demand for secondhand and believes there will be demand for authenticated pre-used luxury, Marshall continues. But the question is, how would that demand change if customers can shop in the more convenient and speedy way that they’re used to with Zalando?

“This is quite a different experience [from peer-to-peer] and something that we believe that our customers will be very interested in,” she argues. “It’s a unique opportunity to push the boundaries of secondhand.”

Hezard agrees. “I do believe it’s an opportunity to push adoption of secondhand. You know, there are some customers that are begging for secondhand already but some others are only buying firsthand, and it’s an opportunity to convince them to try secondhand.”

The partnership “reflects a shared ambition to make circular luxury more visible, more relevant, and more appealing to a wider and younger audience,” Hezard said. 

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Crypto’s Most Powerful PAC Sends a Warning to Politicians: Resistance Is Futile<img src="https://gizmodo.com/app/uploads/2024/07/GettyImages-495510896-1024x684.jpg" /><br><div> <p><span style="font-weight: 400;">Congressman Al Green, the incumbent representative for the 18th Congressional District in Texas, lost to fellow House Representative Christian Menefee in a runoff election in the Democratic primary for a seat in Congress on Tuesday, and one crypto-focused political action committee (PAC) announced that the loss should be taken as a warning shot to future candidates. Fairshake and other crypto-related PACs dumped millions of dollars into the primary election to oust Green, who has held a seat in Congress for twenty years.</span></p> <p><span style="font-weight: 400;">The contest played out across multiple stages following Republican-led redistricting that effectively merged elements of two Houston-area congressional districts into one. 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Industry-backed super PACs, including Fairshake, Protect Progress, and Defend American Jobs, spent more than $133 million across federal races that cycle, </span><a href="https://www.opensecrets.org/news/2024/11/the-crypto-trio-how-the-cryptocurrency-industry-has-made-its-mark-on-2024-elections/"><span style="font-weight: 400;">according to </span><i><span style="font-weight: 400;">OpenSecrets</span></i></a><span style="font-weight: 400;">. Major donors included Coinbase, Ripple, Jump Crypto, and Andreessen Horowitz.</span></p> <p><a href="https://www.nytimes.com/2026/05/24/us/how-prediction-markets-and-crypto-firms-steamrolled-a-watchdog-agency.html"><span style="font-weight: 400;">A recent </span><i><span style="font-weight: 400;">New York Times</span></i><span style="font-weight: 400;"> report</span></a><span style="font-weight: 400;"> has pointed to similar concerns around the money involved in the CFTC’s strong stance regarding federal authority over the emerging prediction markets and crypto industries. Among the claims, the report alleges that senior CFTC officials under then-acting chair Caroline Pham helped clear regulatory hurdles for several firms tied to Trump family business interests.</span></p> <p><span style="font-weight: 400;">The Trump family’s involvement in the crypto industry more generally has also been heavily criticized for “</span><a href="https://gizmodo.com/former-doj-official-trumps-crypto-pardon-is-unprecedented-corruption-2000687830"><span style="font-weight: 400;">unprecedented corruption</span></a><span style="font-weight: 400;">.” Duke University lecturing fellow Lee Reiners recently </span><a href="https://gizmodo.com/trumps-world-liberty-to-get-legal-cover-from-new-crypto-law-influential-expert-says-2000756869"><span style="font-weight: 400;">indicated</span></a><span style="font-weight: 400;"> that the Trump-linked World Liberty Financial stands to benefit tremendously from the Clarity Act, which is currently making its way through the Senate. Reiners, a former bank examiner, analyzed World Liberty Financial’s WLFI token and concluded it functions as an unregistered security under the Howey test due to its structure, profit expectations, and centralized control. If passed as written, the legislation would likely reclassify those tokens as network commodities, moving them outside much of the securities-law framework for disclosures and antifraud enforcement. Critics say that would benefit the Trump family’s crypto interests and deepen concerns about self-dealing and conflicts of interest during the president’s second term.</span></p> <p><span style="font-weight: 400;">The Clarity Act is intended to clarify how the crypto industry will be regulated in the United States. The specifics of the legislation are still being worked out after </span><a href="https://gizmodo.com/coinbase-ceo-banking-lobbyists-are-trying-to-ban-their-competition-2000712456"><span style="font-weight: 400;">intense debate</span></a><span style="font-weight: 400;"> between crypto and banking interests in the U.S. Notably, </span><a href="https://gizmodo.com/senators-postpone-crypto-market-bill-as-coinbase-flexes-its-muscle-in-washington-2000710816"><span style="font-weight: 400;">Coinbase CEO Brian Armstrong threw his weight around</span></a><span style="font-weight: 400;"> back in March by indicating a previous draft of the bill would be worse than having no bill at all. He cited provisions that would amount to a de facto ban on tokenized equities and impose overly broad restrictions on decentralized finance. Coinbase is a massive contributor to the aforementioned crypto PACs, having given more than $75 million to Fairshake and its affiliates during the 2024 cycle and committing an additional $25 million for the 2026 midterms, </span><a href="https://www.cnbc.com/2024/11/04/coinbase-a16z-contribute-78-million-to-pro-crypto-pac-for-2026-election.html"><span style="font-weight: 400;">according to </span><i><span style="font-weight: 400;">CNBC</span></i></a><span style="font-weight: 400;">.</span></p> <p><span style="font-weight: 400;">Although the crypto industry has spent massively on political campaigns over the past few years and they were successful in this most recent runoff election in Texas, the Clarity Act is still not a slam dunk, as </span><a href="https://gizmodo.com/trump-crypto-projects-facing-lawsuit-potential-ethics-crackdown-and-more-2000753731"><span style="font-weight: 400;">Democrats (and some Republicans) are pushing for ethics language</span></a><span style="font-weight: 400;"> to prevent the sort of corrupt profiteering by lawmakers that Trump has been alleged to have conducted. </span></p> </div>#Cryptos #Powerful #PAC #Sends #Warning #Politicians #Resistance #FutileBitcoin,CLARITY Act,Donald Trump,Fairshake,Marc Andreessen

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