France-based global fashion resale marketplace Vestiaire Collective has raised $20 million in new capital as part of its Series C round, paidContent reported on September 2.
Conde Nast led the round. The New York-based real estate conglomerate has previously invested in fashion startups such as Rent the Runway and Farfetch.
To date, Vestiaire Collective has raised more than $30 million. For more on how the investment fits into Conde Nast’s strategy, click here.