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

Vinted, the leading online platform for second-hand sales, has been fined €2,385,276 ($2,582,730) for breaching the EU’s General Data Protection Regulation (GDPR) in relation to personal data deletion ...

Vinted has positioned itself as a minimalist platform, largely facilitating user-to-user sales with limited oversight. This approach has enabled rapid growth and at the same time it has created an ...

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.

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.