ReCommerce

thredUP Moves the Needle With Premium, Not Bargain, Buyers
thredUP Moves the Needle With Premium, Not Bargain, Buyers
May 10, 2023  |  eCommerce

One would assume that bargain shoppers would be driving the resale market, but that’s what you get when you assume. According to thredUP’s Q1 2023...

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Footwear Retailers Launch Branded Resale, but Who’s Buying?
Footwear Retailers Launch Branded Resale, but Who’s Buying?
May 09, 2023  |  Retail

While apparel retailers are increasingly making forays into branded resale, creeping behind is footwear. Recently, Toms Shoes launched its resale initiative in partnership with thredUP...

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Francesca’s Lures Gen Z and Millennials With Acquisition of Richer Poorer 
Francesca’s Lures Gen Z and Millennials With Acquisition of Richer Poorer 
May 03, 2023  |  Retail

Francesca’s, a boutique clothing chain, has acquired the lifestyle brand Richer Poorer as part of its strategy to appeal to millennial and Gen Z women....

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eBay Takes on The RealReal With Certified Brand Program
eBay Takes on The RealReal With Certified Brand Program
April 28, 2023  |  Retail

Despite the setback caused by its investment in Cudoni, a resale platform startup that was forced to shut down due to lack of traction, eBay...

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eBay Doubles Down on Luxury Sector Despite Cudoni Shutdown 
eBay Doubles Down on Luxury Sector Despite Cudoni Shutdown 
April 27, 2023  |  Earnings

Cudoni, a luxury resale platform backed by eBay, announced its shutdown earlier this week, citing the economic climate as the reason for its unfeasible operations....

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eBay-Backed Cudoni Shuts Down, Highlighting Growing Competition in Luxury Resale  
eBay-Backed Cudoni Shuts Down, Highlighting Growing Competition in Luxury Resale  
April 24, 2023  |  eCommerce

Back in January, Cudoni, a startup based in London, added eBay to its roster of investors with a $9 million fundraise. Today, the company no...

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The Resale Market Meets Its Mainstream Moment
The Resale Market Meets Its Mainstream Moment
March 30, 2023  |  eCommerce

What was once old is new again (and again) as brands and consumers fully embrace the potential of preowned. The resale trend has been steadily...

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Recommerce Heats Up as Consumers Feel Inflation’s Pinch
Recommerce Heats Up as Consumers Feel Inflation’s Pinch
March 27, 2023  |  Retail

Ongoing inflation has led to a boom in sales for luxury resale platforms. It has also made consumers more likely to haggle over prices to get the...

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Chloé Rolling Out Digital ID to Facilitate Traceability and Resale
Chloé Rolling Out Digital ID to Facilitate Traceability and Resale
March 17, 2023  |  Retail

Chloé is helping the buyers of its clothes and accessories prepare those items for resale. With its Spring-Summer 2023 collection, the French luxury brand is...

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