Following the departure at Vestiaire Collective of CEO Maximilian Bittner, who was replaced in October by Bernard Osta, the platform’s president and co-founder Fanny Moizant has announced her own departure from the company, which specialises in premium and luxury second-hand fashion.
Fanny Moizant – Vestiaire Collective
“I am leaving the company as part of recent organisational changes,” Fanny Moizant wrote on social media. “It is not a decision I made, nor one I expected, but I accept that it marks the end of an extraordinary chapter.”
A graduate of the Institut Français de la Mode (IFM) and NEOMA Business School, Fanny Moizant co-founded the company in 2009 with Sébastien Fabre, Sophie Hersan, Alexandre Cognard, Henrique Fernandes, and Christian Jorge.
Initially called Vestiaire de Copines, the platform was renamed Vestiaire Collective in 2012 to support its internationalisation, which first targeted the UK, Germany, Italy, and the US. “One of our strengths was having a fully formed concept from the outset,” Fanny Moizant told FashionNetwork.com in 2014.
Vestiaire Collective does not publish its financial results. Its revenue was estimated at around €414 million for the 2024 financial year. The company faces competition from other platforms, starting with the ubiquitous Lithuanian player Vinted.
The arrival of Bernard Osta, against the backdrop of a marked slowdown in the apparel market, including the high end, raises questions about the growth strategy the company should now pursue. Of the co-founders, only Sophie Hersan remains with the company, as fashion director.
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