ReCommerce

Stitch Fix Focuses on Retention as Revenues Fall
Stitch Fix Focuses on Retention as Revenues Fall
December 07, 2022  |  Retail

With revenues continuing to slide, Stitch Fix is looking to improve customer retention. The artificial-intelligence-powered personal style site outlined a number of strategies to reverse...

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Rebag Debuts Wallet Feature to Help Break Resale Supply Bottleneck
Rebag Debuts Wallet Feature to Help Break Resale Supply Bottleneck
December 07, 2022  |  Retail

Rebag wants to turn secondhand luxury buyers into sellers and investors to boost its inventory. In announcing its new Wallet feature Wednesday (Dec. 7), the...

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Rolex Will Certify Its Pre-Owned Watches
Rolex Will Certify Its Pre-Owned Watches
December 01, 2022  |  Retail

Swiss luxury watchmaker Rolex says it will begin certifying its pre-owned timepieces. With this move, Rolex joins a number of luxury brands who have tapped...

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Report: Lithuanian Apparel Resale Site Vinted Aims for US After Dominating Europe
Report: Lithuanian Apparel Resale Site Vinted Aims for US After Dominating Europe
November 28, 2022  |  Retail

The fastest growing apparel reseller in Europe is looking to bring its game to the U.S. market. This, as Vinted is expanding beyond its base...

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Demand for Brand Authenticators Rises Amid Growing Threat of Counterfeits
Demand for Brand Authenticators Rises Amid Growing Threat of Counterfeits
November 17, 2022  |  Retail

Recalling then-candidate Joe Biden’s 2019 advice that out-of-work coal miners should learn to code, now-unemployed coders may want to check job listings for “Luxury Procurement...

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Third-Party, White-Label Solutions Boost Luxury Recommerce Growth
Third-Party, White-Label Solutions Boost Luxury Recommerce Growth
November 15, 2022  |  Retail

Researchers at Spain’s Universitat Politècnica de Catalunya recently published a study showing that reusing 1kg of clothing could save 25 kg of carbon dioxide emissions....

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thredUP Hits Headwinds as Apparel Oversupply Dresses Down Resale
thredUP Hits Headwinds as Apparel Oversupply Dresses Down Resale
November 14, 2022  |  eCommerce

Apparel resale marketplace thredUP reported a difficult third quarter as apparel overstocks and endless discounting chipped away its value-priced advantage. The confluence of record industrywide...

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RealReal Overhauls Consignment Structure in Quest for Profitability
RealReal Overhauls Consignment Structure in Quest for Profitability
November 09, 2022  |  Retail

In its ongoing quest for profitability, luxury resale platform The RealReal said Tuesday (Nov. 8) that it has overhauled its commission structure and will charge...

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Rent the Runway’s First IPO Anniversary Marks Unexpected Pain and Reckoning
Rent the Runway’s First IPO Anniversary Marks Unexpected Pain and Reckoning
October 27, 2022  |  Retail

One year after its heady $1.7 billion initial public offering (IPO), fashion rental and resale company Rent the Runway is facing a far more humbling...

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