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Vinted boss sees 'fundamental' shift in consumer patterns, as secondhand firm notches $9 billion valuation
Online resale app Vinted is seeing a structural shift in consumer behaviour, as habits form around the resale economy, the company's marketplace boss told CNBC on Monday. Vinted, the consumer-to-consumer platform allowing customers to sell unwanted items like clothing, electronics, or even furniture, has seen rapid growth in recent years, boosted by consumers increasingly looking for value amid rising costs of living globally. The value of items sold on Vinted grew nearly 50% last year, as...
I cleared £24,000 debt in 18months and saved £3,300 this year, anyone can do it
I cleared £24,000 debt in 18months and saved £3,300 this year, anyone can do it Sammie has shared the 10 basic budgeting rules he uses to save money A man who left university with £24,000 of debt says he managed to clear it in 18 months and has already put almost £3,300 into savings this year with simple budget rules. Sammie Ellard-King says h e never received a financial education, and when he first left home and graduated from university, he found himself deep in debt. Sammie, from...
New £2.50 a time charge from July 1 for people selling on eBay, Etsy and Vinted
New £2.50 a time charge from July 1 for people selling on eBay, Etsy and Vinted Sellers are being urged to take action ahead of the change Anyone selling to customers in Europe is being warned to check delivery costs and customs paperwork before a new parcel charge comes into force this summer. From July 1, 2026, many low-value business-to-consumer parcels entering the EU will face a new customs duty of €3, which is around £2.50 depending on the exchange rate, if the goods are worth under...