Sébastien Fabre, Co-Founder of Vestiaire Collective, Appointed CEO of ReSee, a Luxury Vintage E-Tailer
ReSee, a luxury vintage e-tailer based in France, has made a high-profile appointment to its executive team, naming Sébastien Fabre, who co-founded Vestiaire Collective, as their new CEO. The company, established in 2013 by Sofia Bernardin, who previously worked for Vogue New York, and Sabrina Marshall, a former fashion designer at Self Service agency, saw Fabre as a crucial contributor to the success of his resale site, Vestiaire Collective.
Before stepping into his new CEO role, Fabre was part of ReSee’s board of directors for several months, helping to guide the e-tailer's growth and strategic planning. His primary responsibilities include leading the company’s international expansion and promoting sustained, profitable growth. Other key tasks identified by a ReSee press release include strengthening the company's technology capabilities.
Prior to this promotion, the CEO role was held by Bernardin, who continues to be fully committed to the company. As the co-founders of ReSee note, Fabre’s broad experience in the second-hand fashion and luxury sector, together with his skills as an entrepreneur and business leader, made him a perfect fit for the position. This year, ReSee celebrates its 10th year of operation with plans for significant growth acceleration in the coming decade.
Fabre brings to ReSee an impressive career track record. Born in Grenoble, France, he initially worked in Washington DC as a trader for a Swiss bank. After earning an MBA, he joined Vivendi, then Microsoft, where he focused on strategic partnerships for a decade. From there, he led Netclub, one of France’s pioneering dating sites, before launching Vestiaire Collective with five collaborators in 2009, running it for a decade. Initially, the resale site sought to rejuvenate unused items in people's wardrobes and quickly became successful. In 2021, Fabre also co-founded Agua Blanca, an e-tailer focused on personal care and household products.
Although ReSee has not released its revenue figures, the company states that it has been continuously profitable, recording regular annual revenue growth of about 120%. The company raised €3 million in a funding round last year and initiated a partnership with couture brand Alaïa to sell their archive pieces. With 70% of its total sales coming from the USA, ReSee plans to establish a New York subsidiary branch next year.
The company focuses on the resale of luxury items, including products showcased in major label runway shows. Luxury handbags from brands like Hermès, Chanel, Céline, and Saint Laurent form half of its revenue. With 40,000 customer accounts and an inventory of 25,000 items, ReSee's average purchase basket is valued at €3,000.