The second-hand platform The Vintage Bar has been sold to the fashion platform Miinto, owned by Bestseller etc.
The Vintage Bar is a marketplace concept focusing on the fast-growing market for used luxury goods. The concept was launched in 2017, and, today, The Vintage Bar has 250,000 active users, more than 100,000 second-hand products online and more than 600,000 followers on Instagram.
The acquisition of The Vintage Bar is a part of Miinto’s “25 in 25” strategy. The aim of this strategy is to ensure that 25% of Miinto’s sales are derived from circular fashion by 2025.
Miinto is a group of more than 1,500 independent fashion stores under one group. As one of Europe’s leading fashion platforms, Miinto is present in more than 14 countries and offers products from more than 5,000 different brands.
Accura advised The Vintage Bar in connection with the transaction.