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Vestiaire Collective Co-Founder Exits

Fanny Moizant, who co-founded the luxury resale site with Sophie Hersan and Sébastien Fabre in 2009, announced her departure on LinkedIn on Monday, saying ‘it was not a decision I initiated.’
A photo of Fanny Moizant
Fanny Moizant co-founded Vestiaire Collective in 2009 and served as the company's president. (Vestiaire Collective)
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Vestiaire Collective co-founder, Fanny Moizant, on Monday announced that she would be leaving the business after 16 years.

Moizant, who co-founded the online luxury resale platform with Sophie Hersan and Sébastien Fabre in 2009 and served as its president, alluded to being forced out of the company.

“This was not a decision I initiated, nor one I expected, but I accept that it marks the end of an extraordinary chapter,” Moizant wrote on LinkedIn. “I don’t know exactly what comes next yet, but I move forward with energy, resilience, and fire in my belly.”

Moizant’s departure comes amid a broader shakeup at Vestiaire Collective. In October, the company’s chief executive, Max Bittner, left the business after seven years. He was replaced by Bernard Osta, who previously served as Vestiaire Collective’s finance and strategy chief.

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Vestiaire Collective Will Now Sell Carbon Credits on your Purchases

The resale platform will begin selling carbon credits based on emissions avoided when consumers buy second-hand on their site.

About the author
Malique Morris
Malique Morris

Malique Morris is Senior E-Commerce Correspondent at The Business of Fashion. He is based in New York and covers digital-native brands and shifts in the online shopping industry.

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