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Kering invests in resale platform Vestiaire Collective French luxury brand Kering has bought a five per cent stake in luxury fashion resale platform Vestiaire Collective. The company said the investment is part of the€178 million (US$215 million) financing round, valuing Vestiaire Collective at more than US$1 billion.  US investment firm Tiger Global Management also invested in the company along with other existing shareholders, including Vogue publisher Conde Nast and the Frenc