Vinted, the second-hand clothes marketplace, raises $141M at a $1B+ valuation

The market for second-hand clothes — the “circular economy” as it’s sometimes called — has been on the rise in the last several years, fuelled by economic crunches, a desire to make more responsible and less wasteful fashion choices, and a wave of digital platforms that are bringing the selling and buying of used clothes outside the charity shop. Today, one of the bigger companies in Europe working in the third of these areas is announcing a huge round of funding to double down on the trend. Vinted, a site where consumers can sell and buy second-hand fashion, has raised €128 million (around $140.9 million) in a round that is being led by Lightspeed Venture Partners, with previous backers Sprints …

High heels and an icy glare: how the Trump era brought back Dynasty dressing

What would Alexis Colby wear? This autumn, fashion is embracing the style pioneered by the 80s soap opera and emulated by the women in the White House Once upon a time, the most talked-about family in the US was a collection of narcissists and nepotists, a flash, brash bunch with vast, brittle egos who loved to brag about their wealth and show off their designer wardrobes. They picked high-profile fights with anyone who crossed them and kept a global audience mesmerised with their provocative put-downs. OK, so the Carringtons chats with world leaders at the G20. But the lifestyle espoused in the 80s soap opera Dynasty helped create a blueprint in tone, aesthetic and optics for the Trump White House. …