Clipperton Finance advises Vestiaire Collective on $20m strategic investment led by Condé Nast International.

Condé Nast International has led the round alongside Idinvest Partners and existing investors Balderton and Ventech. Additional funding will be used by the company to accelerate international expansion.

Clipperton Finance managed a selective process targeting both strategic and financial investors and helped guide the Company and its shareholders through a variety of transaction structures and alternatives.

Based in Paris, Vestiaire Collective is the leading global online marketplace for the resale of trend driven luxury goods. All items are chosen, verified and shipped by the Vestiaire Collective experts in France, allowing the consumer to buy and sell genuine trend-driven luxury brand handbags, accessories and clothing for women, men and children. Vestiaire Collective was the recipient of the European E-Commerce Gold Award in June 2013, honouring excellence in the European e-commerce sector, recognising those companies contributing positively to the development of online retail, digital innovation and improvement of the customer journey.