Europe’s leading fashion resale app, Vinted, has landed in New York, ready to help people turn their unworn clothes into cash and make space at home. One in fiveEurope’s leading fashion resale app, Vinted, has landed in New York, ready to help people turn their unworn clothes into cash and make space at home. One in five

Your Closet Is Worth More Than You Think. Vinted Is Here to Prove It

2026/01/24 02:31
4 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com
  • Europe’s leading fashion resale app, Vinted, has landed in New York, ready to help people turn their unworn clothes into cash and make space at home.
  • One in five (21%) Americans are sitting on over $500 worth of unworn clothing – the equivalent of a week’s rent in New York City

NEW YORK, Jan. 23, 2026 /PRNewswire/ — TODAY, second-hand marketplace Vinted reveals a hidden problem inside American homes: closets full of clothes people no longer wear, quietly taking up space, money and mental energy at a time when many households are trying to cut back on spending.

Vinted is Europe’s leading online platform for selling and buying second-hand clothing. As it announces its expansion in the US this week, it highlights why now is the perfect time to clear out your closet, encouraging New Yorkers to list the items they no longer wear, earn extra cash, and make space for what actually fits their life today.

According to new research from Vinted and GWI* more than half of New Yorkers (55%) say they don’t have enough closet space, 32% higher than the national average, and one in five are sitting on over $500 worth of unworn clothing, roughly the cost of a week’s rent in NYC. Among younger New Yorkers (25-34), seven in ten own at least three items they’ve never worn, tags still attached.

With lots of reasons why a garment remains unworn, from pieces that no longer fit, trend-led purchases or items saved for later and never used. Vinted offers a practical way for people to give them a second life.

Vinted is a consumer-to-consumer marketplace where people can buy and sell second-hand fashion and more directly from each other. Sellers can list items without paying selling fees, meaning they keep every dollar they make, while buyers can browse a wide range of styles at accessible prices, from everyday basics to more premium pieces. Already used by millions across Europe, Vinted is giving people in the US a simple way to earn from clothes they already own.

Adam Jay, Vinted Marketplace CEO, said: “We’re on a mission to make second-hand the first choice, because we know there’s huge value in what’s sitting at the bottom of closets across the country. In Europe, we’ve spent years helping people make money from their unwanted items, and save money by buying second-hand instead of new. Now, we want to do the same in the US. The research shows, there’s a real opportunity for Americans to release their wardrobe, and start discovering the benefits of shopping second-hand”. 

[To mark its expansion in the US, Vinted has collaborated with renowned artist Ian Padgham on a striking CGI visual that illustrates the value hidden in everyday closets. Link]

Download the Vinted app from the App Store and start listing.

THE  NUMBERS:

  • 50% of Americans wear half their closet or less
  • 56% of New Yorkers say they don’t have enough closet space (32% higher than the national average)
  • 21% of New Yorkers have $500+ in unworn clothes
  • 70% of New Yorkers aged 25–34 own 3+ never-worn items with tags on
  • 42% of Americans don’t realise their old clothes have resale value
  • 50% of Americans say closet clutter stresses them out

*Research conducted by Vinted in partnership with GWI, January 2026. Nationally representative sample of 1,502 US adults.

About Vinted

Vinted is the leading second-hand fashion marketplace in Europe and a go-to destination for all kinds of second-hand items, with a mission to make second-hand the first choice worldwide.

Vinted was founded in 2008 in Lithuania and in 2019 became the country’s first Unicorn. Today Vinted is still headquartered in Vilnius, with offices in Lithuania, Germany and the Netherlands, and over 2,000 employees. Its backers include Accel, EQT Growth, Insight Partners, Lightspeed Venture Partners, and Sprints

Find out more here.

Video – https://mma.prnewswire.com/media/2868183/Vinted_US_launch.mp4
Photo – https://mma.prnewswire.com/media/2868180/Vinted.jpg
Photo – https://mma.prnewswire.com/media/2868181/Vinted_US_NYC.jpg
Logo – https://mma.prnewswire.com/media/2868182/Vinted_US_NYC.jpg

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/your-closet-is-worth-more-than-you-think-vinted-is-here-to-prove-it-302669143.html

SOURCE Vinted

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Forward Industries Bets Big on Solana With $4B Capital Plan

Forward Industries Bets Big on Solana With $4B Capital Plan

The firm has filed with the U.S. Securities and Exchange Commission to launch a $4 billion at-the-market (ATM) equity program, […] The post Forward Industries Bets Big on Solana With $4B Capital Plan appeared first on Coindoo.
Share
Coindoo2025/09/18 04:15
JTO Technical Analysis Mar 14

JTO Technical Analysis Mar 14

The post JTO Technical Analysis Mar 14 appeared on BitcoinEthereumNews.com. JTO is stuck in a narrow range around $0.28 and is at a critical decision point due
Share
BitcoinEthereumNews2026/03/14 14:08
EU Commissioner pledges to advance pension and cryptocurrency reforms this year

EU Commissioner pledges to advance pension and cryptocurrency reforms this year

PANews reported on September 19th that, according to Jinshi, the European Union has set a year-end target for further measures to boost pension investments and streamline trading processes, in an effort to inject momentum into the revival of Europe's capital markets. EU Financial Services Commissioner Albuquerque announced the plan on Thursday. She also announced that the European Commission is considering granting direct supervisory authority to the European Securities and Markets Authority (ESMA), its top market regulator based in Paris. She stated that with the transfer of supervisory authority to ESMA, the Commission will consider the feasibility of centralized oversight of certain market infrastructures, such as central counterparties, central securities depositories, and trading venues. She added that emerging sectors, such as cryptoasset service providers, would also benefit from more centralized supervision, emphasizing that such a move would not diminish the role of national regulators.
Share
PANews2025/09/19 07:49