Vinted, a Lithuanian marketplace offering second-hand fashion goods, is planning to acquire Rebelle, a German platform offering the luxury segment. Rebelle was founded in 2013 in Hamburg and offers luxury products. However, the German retailer selling pre-loved products has not been doing well in the past few months. Rebelle went public in Sweden some time back. In February, its value was estimated at around sixty million euros. Vinted is pledging to offer just thirty million euros to acquire the company.
Full story: RetailDetail
