The Fifth Collection Pte. Ltd.

The Fifth Collection Pte. Ltd. is a Singapore-based company specializing in curated vintage and secondhand luxury fashion, focusing on sustainability and authenticating quality designer items for eco-conscious consumers. Founded in 2013 and headquartered in Singapore, The Fifth Collection Pte.

Ltd. operates as a vintage and secondhand luxury fashion retailer. The company, co-founded by Michael Finn and Nejla Matam-Finn, has raised SGD 2 million in a SEED funding round in November 2016. It has conducted a total of 1 deal since its inception.

The Fifth Collection specializes in vintage, secondhand, and preloved designer fashion, offering a curated selection of clothing, shoes, handbags, jewelry, watches, and fashion accessories. Each item is meticulously authenticated, addressing the demand for sustainable fashion by providing a platform for consumers to buy and sell pre-owned luxury goods, particularly in Southeast Asia with a strong presence in Singapore. The Fifth Collection's revenue is generated through direct-to-consumer sales via its online platform, utilizing a commission-based model. This structure allows sellers to consign luxury items for sale, with the company retaining a percentage of the transaction as revenue.

The pricing of items varies widely, especially for flagship brands such as Chanel, Hermes, and Louis Vuitton, which typically command higher price points. In the most recent year, 2019, the company reported zero revenue. The Fifth Collection plans to leverage its recent SEED funding of SGD 2 million raised in November 2016 to enhance its online platform and increase marketing efforts. The company is targeting expansion into additional Southeast Asian markets by 2024, aiming to tap into the growing consumer base interested in sustainable luxury fashion.

Furthermore, there are discussions about launching new product lines that cater to emerging trends in the pre-owned luxury market.