Lithuania-based resale giant Vinted has reported a substantial 38 per cent increase in annual revenue, reaching €1.1 billion for the FY25. Detailed in the group's April 2026 financial disclosure, this growth highlights a broader structural shift in the apparel sector as the global secondhand market approaches a $53.7 billion valuation this year. Despite a 19 per cent decline in net profit to €62 million - a result of aggressive reinvestment- the platform’s Gross Merchandise Value (GMV) rose by 47 per cent to €10.8 billion. This performance highlights the rising dominance of ‘re-commerce’ as inflation-weary shoppers and sustainability-focused demographics prioritize value over traditional fast-fashion cycles.

Scaling infrastructure via vertical integration

To defend its market leadership against a crowded field of competitors, Vinted is aggressively expanding its logistical and financial infrastructure. The group’s in-house delivery arm, Vinted Go, recently extended its carrier services to Spain and Portugal, leveraging a network of over 500,000 pick-up and drop-off points. Furthermore, the introduction of Vinted Pay, a proprietary wallet solution, is designed to decouple the platform from third-party payment dependencies while lowering transaction costs. These technical ‘rails’ are critical for maintaining the ‘convenience-luxury’ experience that allows a €10 pre-owned garment to reach a buyer with the same reliability as a new purchase.

Strategic premiumization and category diversification

Beyond its core women’s and childrenswear categories, Vinted is moving up-market to capture high-margin luxury resale. The expansion of its Item Verification service, which provides expert authentication for a flat €10 fee, is a direct challenge to luxury specialists like Vestiaire Collective. By diversifying into electronics, collectibles, and home goods - categories that saw a 30 per cent rise in listings - Vinted is increasing its average basket size and user stickiness. As the company prepares for potential public market moves, its ability to maintain double-digit growth while absorbing the costs of European and U.S. expansion remains the focal point for institutional investors like BlackRock, who recently valued the group at €8 billion.

Global peer-to-peer resale leader

Vinted is Europe's largest consumer-to-consumer marketplace for secondhand fashion, operating in 26 countries including the UK, France, and the US. With a valuation of €8 billion, the platform is expanding into luxury verification and proprietary logistics (Vinted Go) to achieve long-term, scalable profitability in the global circular economy.