Translated by
Nicola Mira
Published
Dec 6, 2023
ReSee has appointed a new, high-calibre CEO. The French luxury vintage e-tailer, founded in 2013 by Sofia Bernardin, previously with Vogue New York, and Sabrina Marshall, formerly a fashion designer at the Self Service agency, has announced the appointment as CEO of Sébastien Fabre, the co-founder and brains behind the success of resale site Vestiaire Collective.
Fabre has been a member of ReSee’s board of directors for several months, and was appointed to spearhead the e-tailer’s expansion strategy, reshaping its organisation in order to boost growth. “[Fabre] will be tasked with overseeing ReSee’s international expansion and ensuring profitable growth, a mainstay of ReSee’s promising journey, as well as strengthening its technology capabilities,” said ReSee in a press release.
Fabre is taking charge alongside Bernardin, who formerly held the post of CEO, and remains fully involved with the company. “Sébastien is probably one of the leading experts in the second-hand fashion and luxury sector, as well as a seasoned entrepreneur and executive,” said the co-founders of ReSee, which is celebrating its 10th anniversary this year, and “approaching a new decade with the prospect of strongly accelerating its growth.”
ReSee will be able to tap the extensive business experience Fabre has accumulated in the course of an exceptional career. Born in Grenoble, France, Fabre started out in Washington DC, as a trader for a Swiss bank. After obtaining an MBA, he was hired by Vivendi, then Microsoft, where he worked for 10 years, notably on strategic partnerships.
Fabre then took charge of Netclub, one of France’s first dating sites, before masterminding Vestiaire Collective, which he founded with five partners in 2009 and led for 10 years. The site’s original concept was to give a new lease of life to clothes that lay forgotten in people’s wardrobes. It was an instant success. In 2021, Fabre embarked on a new project by co-founding Agua Blanca, a personal care and household products e-tailer.
A New York subsidiary in 2024
ReSee did not disclose its revenue results, but stated that it has been profitable since its inception, “with revenue growing regularly by 120% year-on-year.” Last year, ReSee completed a funding round worth €3 million with a dozen investors, and inked a partnership deal with couture label Alaïa, to sell the latter’s archives. The e-tailer is planning to open a subsidiary in New York next year, as 70% of its total sales are generated in the USA.
ReSee specialises in reselling luxury items, notably those seen on the leading labels’ runway shows. High-end handbags by the likes of Hermès, Chanel, Céline and Saint Laurent account for half of its revenue. The site has 40,000 customer accounts and an assortment of 25,000 items, generating an average purchase basket of €3,000.
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