ReCommerce

Fleek Raises $20 Million to Expand Secondhand Apparel Platform
Fleek Raises $20 Million to Expand Secondhand Apparel Platform
November 12, 2024  |  Investments

London-based startup Fleek reportedly raised $20.4 million to expand its secondhand clothing platform. Fleek works with roughly 10,000 resellers and retailers in 70 countries, moving...

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Goodbye Treasure Hunts? AI Reshapes Online Thrifting
Goodbye Treasure Hunts? AI Reshapes Online Thrifting
November 05, 2024  |  Artificial Intelligence

The digital equivalent of rummaging through clothing racks may soon become a relic as ThredUp rolls out artificial intelligence to transform the happily chaotic world...

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The RealReal Promotes COO Rati Sahi Levesque to CEO
The RealReal Promotes COO Rati Sahi Levesque to CEO
October 28, 2024  |  eCommerce

The RealReal has appointed President and Chief Operating Officer Rati Sahi Levesque as president and CEO and as a member of the board. Levesque succeeds...

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Flipkart Introduces Service to Help Resellers Reach Customers
Flipkart Introduces Service to Help Resellers Reach Customers
September 25, 2024  |  eCommerce

Indian eCommerce giant Flipkart is getting into the reCommerce business. The company on Wednesday (Sept. 25) introduced “Flipkart Reset for Business,” a mobile app designed to help small and...

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Amazon Adds ‘Grade and Resell’ Option for Sellers’ Product Returns
Amazon Adds ‘Grade and Resell’ Option for Sellers’ Product Returns
September 19, 2024  |  Amazon

Amazon now offers the independent sellers using Fulfillment by Amazon (FBA) in the United States a new option for managing product returns: Grade and Resell....

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Fast Fashion? Zara to Bring Pre-Owned Clothing Service to US
Fast Fashion? Zara to Bring Pre-Owned Clothing Service to US
September 11, 2024  |  Retail

Fast-fashion brand Zara is bringing its secondhand clothing marketplace to the U.S. Zara Pre-Owned, which lets customers sell, donate or repair secondhand clothing, is set to launch...

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Trove Acquires Recurate to Expand Branded Resale Market Presence 
Trove Acquires Recurate to Expand Branded Resale Market Presence 
August 13, 2024  |  Acquisitions

Branded resale company Trove has acquired Recurate, a “significant” player in its industry. “This acquisition underscores Trove’s commitment to making branded resale more accessible and...

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The RealReal: Luxury Resale Shoppers Demand More Bang for Their Buck
The RealReal: Luxury Resale Shoppers Demand More Bang for Their Buck
August 06, 2024  |  Earnings

As consumers across income groups feel economic pressure, luxury secondhand marketplace The RealReal is seeing its customers continue to spend but demand more value for...

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ThredUp CEO: It Will Be a While Before Shoppers Splurge Again
ThredUp CEO: It Will Be a While Before Shoppers Splurge Again
August 05, 2024  |  Earnings

Amid revenue declines, ThredUp is not anticipating the financial pressure that consumers are feeling let up any time soon. The online consignment and thrift store...

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