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Vestiaire Collective names Maximilian Bittner as new CEO

Nov '18
Courtesy: Vestiaire
Courtesy: Vestiaire
Vestiaire Collective, a leading global resale site for pre-owned luxury and premium fashion, has named Maximilian Bittner as the new CEO. He will succeed Sebastien Fabre, the co-founder of Vestiaire Collective, from January 1, 2019. Fabre will remain a director of the company and will continue to play a key role in defining Vestiaire Collective’s strategy.

Bittner was chosen for his compelling professional career and experience in international ecommerce, which he will capitalise on to build Vestiaire Collective’s growth and international expansion, according to Vestiaire Collective.

Bittner was, until March 2018, founder and CEO of Lazada Group, Southeast Asia’s leading ecommerce company. He began his career at Morgan Stanley’s investment banking division in London prior to joining McKinsey & Company and then Rocket Internet in Germany. He graduated with a degree in Economics and History from the University College of London and holds an MBA from the Kellogg School of Management.

“I’ve led Vestiaire Collective for nearly ten years, confirming the unique potential of its business model and the pre-owned luxury fashion market and increasing revenue sevenfold in four years. The time has come to introduce a new structure to take our company to the next level and accelerate its international development, with a focus on Asia, one of our key markets. I’m delighted to hand the reign’s to Maximilian Bittner who brings his considerable experience and in-depth knowledge of Asian markets to Vestiaire Collective. As the director, I will continue to work closely with Maximilian and Vestiaire Collective,” Fabre, co-founder of Vestiaire Collective said.

“I’d like to thank Fabre, who together with Vestiaire Collective’s teams, has made the company the uncontested European leader and a top global player. I’m delighted to join this wonderful adventure and am looking forward to seizing, together with Vestiaire Collective’s teams, the considerable growth opportunities in the pre-owned luxury fashion market, particularly in the United States and Asia following the company’s recent successful launch,” Maximilian Bittner said. (GK)

Fibre2Fashion News Desk – India

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