What is Faume?
Faume is the one-stop-shop solution for brands to launch a second-hand offer and free themselves from all the technological and logistical constraints linked to the implementation of a second-hand infrastructure.
Business and value proposition
Faume is tackling fashion's waste crisis by providing a scalable, easy-to-implement platform for brands to enter the circular economy. By enabling secondhand programs, Faume not only reduces textile waste but also opens new revenue streams and enhances customer loyalty.Since our investment, Faume has scaled its operations and delivered measurable impact, helping brands lower their carbon footprint while driving profitability. Their innovative approach positions Faume as a leader in sustainable fashion and a key enabler of the circular economy.
Why we invested?
93% of the clothes that could be sold on second hand platforms are still sleeping in our closets - When we all know about the C2C platforms like Vinted or Vestiaire Collective (among others), it seems crazy to talk about "untapped market" when talking about the second hand market and yet it is. We believe that there are many different types of habits and needs in the second hand market and that to cover them all, we need to bring brands in the loop.
Faume was launched with this belief and helps brands launch a one-stop-shop solution to launch a 2nd hand offer, freeing them from all the technological and logistical constraints of setting up a 2nd hand infrastructure.
We are proud to back this stellar team, with strong values and vision, in their quest to make fashion sustainable again.
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