ReCommerce

Today In Retail: Poshmark, thredUP Amp Up Arms Race; Rent-to-Own Fills Gap Left By BNPL
Today In Retail: Poshmark, thredUP Amp Up Arms Race; Rent-to-Own Fills Gap Left By BNPL
August 11, 2021  |  Retail

In today’s top retail news, Poshmark and thredUP are aggressively investing in expanding their respective platforms, while rent-to-own firms make their way in an increasingly...

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With Resale Booming, Platforms Get Aggressive About Attracting Consumers
With Resale Booming, Platforms Get Aggressive About Attracting Consumers
August 11, 2021  |  Retail

The secondhand market continues to boom, as resale platforms Poshmark and thredUP reported in separate earnings announcements on Tuesday (Aug. 10), with both companies doubling...

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thredUP Acquisition Sets Europe As Next Resale Battleground
thredUP Acquisition Sets Europe As Next Resale Battleground
July 27, 2021  |  Retail

California-based thredUP is preparing to enter the European market via the acquisition of reCommerce platform Remix, a move that comes as the resale market is...

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Used Smartphone Reseller ecoATM Nets $75 Million For Expansion
Used Smartphone Reseller ecoATM Nets $75 Million For Expansion
June 14, 2021  |  Investments

EcoATM Gazelle, the global smartphone and mobile device reCommerce company, has raised $75 million in new growth equity from existing investor Cowen Sustainable Advisors, a...

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From Resale To Rental, Apparel-Buying Undergoes Major Rethink
From Resale To Rental, Apparel-Buying Undergoes Major Rethink
June 07, 2021  |  Retail

When Etsy announced its $1.6 billion acquisition of U.K.-based secondhand fashion reseller Depop last week, it was framed traditionally, as many sizable deals are: two...

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Etsy Raises Stakes In Apparel Resale Segment With $1.6 Billion Acquisition Of Depop
Etsy Raises Stakes In Apparel Resale Segment With $1.6 Billion Acquisition Of Depop
June 02, 2021  |  Retail

Etsy, the self-titled “global marketplace for unique and creative goods,” is set to add secondhand clothing to that list, as the Brooklyn-based platform dives headfirst...

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Apparel Resale Platforms See Pent-Up Consumer Demand For Refreshed Wardrobes
Apparel Resale Platforms See Pent-Up Consumer Demand For Refreshed Wardrobes
May 13, 2021  |  Retail

The surging secondhand clothing resale business got a double dose of optimism from two separate reCommerce platforms on Wednesday (May 12), as both Poshmark and...

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Secondhand Fashion Platform Vinted Nets $303 Million In Funding
Secondhand Fashion Platform Vinted Nets $303 Million In Funding
May 12, 2021  |  Investments

Secondhand clothing marketplace Vinted has pulled in 250 million euros ($303 million) from investors. Women’s Wear Daily reported that the money will go toward funding...

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Grocery Roundup: Vaccination Milestones, reCommerce, And Personalized Retail
Grocery Roundup: Vaccination Milestones, reCommerce, And Personalized Retail
April 29, 2021  |  Retail

According to the CDC, 38 percent of U.S. adults are now vaccinated, and 55 percent have received at least one dose. Supermarkets continue to be...

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