London-based fashion resale marketplace Depop has made Francois Callens chief operating officer (COO), an expansion of his previous role of chief financial officer (CFO).
Callens came on board at Depop in 2020, taking responsibility for the Gen X-leaning platform’s global finance, legal and people functions, working alongside the CEO and leadership team to set the company’s strategic direction, according to Depop.
Prior to joining the fashion marketplace, he spent more than six years at members-only travel club Voyage Prive, leading and scaling its international markets, finance, corporate development and legal practice.
He also held the positions of CFO and COO of global content financier Anton.
Callens will continue to report to company CEO, Maria Raga.
In June, it was announced that Depop was to be acquired by Etsy, a popular marketplace for selling and buying handmade, crafting, and vintage items, for $1.6 billion. The two companies said the all-cash deal should close in the third quarter of the year.
In 2020, Depop reported revenue of $70 million, a 100% rise year-on-year, and another example of fashion resale’s pandemic advantage. Simon Beckerman founded the brand in 2011 as a social network for PIG magazine readers to purchase items from the publication until Beckerman realized users wanted to sell items as well and relaunched the app as a marketplace.
Competitors of Depop — which is popular with Gen Z shoppers — include Tradesy, ThredUp, Poshmark, Grailed and StockX.