Vinted acquires Danish marketplace Trendsales to strengthen its foothold in the Nordic second-hand market and leverage local expertise for growth.
Information on the Target
Trendsales is Denmark's largest online marketplace specializing in second-hand fashion and lifestyle goods. Over the years, it has significantly contributed to the growing trend of second-hand consumption among Danish consumers, creating a robust community dedicated to sustainable fashion. With a proven track record of consistent performance and an increasing user base, Trendsales has established itself as an essential player in the Danish resale market.
As a marketplace, Trendsales incorporates a user-friendly platform that allows individuals to buy and sell second-hand items effortlessly. The company's success can be attributed to its effective strategy, which has resonated well with a population increasingly inclined towards sustainable shopping practices. Joining forces with Vinted presents an opportunity for Trendsales to leverage broader resources and expertise for further growth.
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Industry Overview in Denmark
The second-hand market in Denmark has witnessed remarkable growth in recent years, largely driven by changing consumer attitudes towards sustainability and environmental responsibility. Danish consumers are increasingly seeking
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Vinted
invested in
Trendsales
in 2023
in a Strategic Partnership deal