economy
‘Give every item a long life’: Vinted boss on how the site is moving beyond fashion
Having shaken up UK clothes retail, the secondhand marketplace is pushing into phones and cameras – and even books
TL;DR
- The UK is a leading market for Vinted, with the online marketplace expanding beyond fashion into categories like phones, cameras, and books.
- Consumer demand for value, driven by rising energy and food costs, is a key factor in the growth of secondhand platforms like Vinted, Shein, and Temu.
- Vinted shoppers save an average of 72% compared to buying new items, with some using savings for essential household expenses.
- Vinted's user base in the UK has grown significantly, attracting a broad demographic from teens to pensioners.
- The company aims to give items a longer life by encouraging users to sell unwanted goods rather than letting them go unused.