Kering, the French luxury group and mother company of Kering Eyewear, took a 5 percent share in the French unicorn Vestiaire Collective, an online platform selling secondhand luxury fashion items. Besides Kering, the U.S. investment firm Tiger Global Management also pitched in the new €178 million financing round, as well as already existing shareholders including Max Bittner, Vestiaire Collective’s CEO, and BPI France among others. According to the investors, the share of secondhand pieces in the average consumer’s wardrobe is expected to grow from 21 percent today to 27 percent in 2023, with the sector’s market value reaching over $60 billion by 2025. Vestiaire Collective’s inventory includes 3 million items, with 140,000 being added every week on average. A quick research with the “sunglasses” keyword on the website returned more than 70,000 results, with the top 3 brands in terms of available items being Gucci, Ray-Ban and Dior with around 6,000 frames for sale each. Looking at the whole range of secondhand sunglasses available on the website, prices span from about €15 for a pair of Zara to about €15,000 for a pair of Persol.