Mytheresa expands partnership with Vestiaire Collective
Starting Today, Mytheresa customers across the UK, US and Europe can exchange their pre-loved items on Vestiaire Collective for credit to use on the Mytheresa site.
The luxury multi-brand retailer is expanding its partnership with luxury resale platform Vestiaire Collective. Originally launched in June 2021 for Mytheresa’s top customers, the initiative provides a selling platform for all users. After its initial success, the partnership was expanded into the UK market, followed by the US, within its first year.
Since its inception, Mytheresa customers have listed over 26,000 pieces from ready-to-wear, shoes, bags and accessories on the Vestiaire Collective app, receiving store credit for Mytheresa in return for sales.
Mytheresa customers can list their items via a dedicated landing page, where they can input information about the item in exchange for an instant quote. After authentication and approval from Vestiaire, customers receive immediate payment in the form of credit.
Michael Kliger, CEO of Mytheresa, said: “We are excited to extend our successful service offer to all Mytheresa customers, while deepening our ever-growing partnership with Vestiaire Collective. We are committed to delivering a seamless and responsible luxury shopping experience. Therefore, offering our loyal customers a quick and easy way to give new life to their pre-loved designer pieces is highly important to us.”
Maximilian Bittner, Vestiaire Collective CEO, added: “Expanding our partnership with Mytheresa is a significant milestone in our mission to promote circularity. It also demonstrates the demand for the unique service Vestiaire Collective offers to fashion enthusiasts and reflects the consumer's need for resale.
"We know our expertise in authentication and our trusted platform will ensure a seamless selling experience for every Mytheresa customer.”