ReCommerce

GOAT Group Buys Fashion Reseller Grailed
GOAT Group Buys Fashion Reseller Grailed
October 17, 2022  |  Retail

eCommerce fashion platform GOAT Group has agreed to acquire apparel reseller Grailed, combining their forces amid a projected boom in second-hand luxury sales. The companies...

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Poshmark Buyout Reflects Hidden Value Within Battered Resale Industry
Poshmark Buyout Reflects Hidden Value Within Battered Resale Industry
October 04, 2022  |  Retail

After months of declines that have seen investors fleeing and crushed valuations, the sudden outside interest of South Korea’s largest eCommerce group in acquiring Poshmark...

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South Korea’s Naver to Buy Poshmark in Bid to Boost eCommerce
South Korea’s Naver to Buy Poshmark in Bid to Boost eCommerce
October 03, 2022  |  Acquisitions

New and used apparel and home goods reseller market Poshmark said it is being acquired by South Korea’s Naver Corp., the companies announced Monday (Oct....

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Luxury Brands Take Second Look at Secondhand Sales
Luxury Brands Take Second Look at Secondhand Sales
September 27, 2022  |  Retail

If you can’t beat ‘em, join ‘em. That’s the retail response that a growing list of luxury apparel brands and designers are taking as a...

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Tommy Hilfiger Partners With thredUP, Expands Involvement in Resale Trend
Tommy Hilfiger Partners With thredUP, Expands Involvement in Resale Trend
August 11, 2022  |  Retail

Expanding its involvement in the growing resale trend, Tommy Hilfiger announced Thursday (Aug. 11) that it has partnered with online resale platform thredUP to enable...

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Walmart Announces Walmart Restored Refurbished Product Program
Walmart Announces Walmart Restored Refurbished Product Program
July 29, 2022  |  Retail

Walmart, on Friday (July 29), launched a refurbished product program, dubbed Walmart Restored, that will sell used products that the company touts as “good as...

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Tommy Hilfiger, My Wardrobe HQ Debut reCommerce Collection
Tommy Hilfiger, My Wardrobe HQ Debut reCommerce Collection
June 16, 2022  |  Retail

Global fashion brand Tommy Hilfiger is teaming up with British rental service My Wardrobe HQ (MWHQ) to jump into the reCommerce game with a new...

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FloorFound Nets $10.5M to Expand Its Recommerce Platform
FloorFound Nets $10.5M to Expand Its Recommerce Platform
May 19, 2022  |  Investments

Recommerce company FloorFound has gotten $10.5 million in Series A financing, a press release said  Thursday (May 19). The funding will go towards expanding the...

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Retail Sustainability Trend Goes From Resale to Refuse With Furniture Made From Trash
Retail Sustainability Trend Goes From Resale to Refuse With Furniture Made From Trash
February 23, 2022  |  Retail

It’s been said that “one person’s trash is another’s treasure,” and a New York furniture maker is literally bringing that old saw to life, while...

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