resale

The RealReal Soars as Luxury Shoppers Cut Back
The RealReal Soars as Luxury Shoppers Cut Back
December 19, 2024  |  Retail

The luxury fashion world’s loss has been The RealReal’s gain this year. As The Wall Street Journal (WSJ) reported Thursday (Dec. 19), sales for the luxury resale website have...

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ThredUp CTO Says Data Turns Secondhand Retail Into Top-Shelf Experience
ThredUp CTO Says Data Turns Secondhand Retail Into Top-Shelf Experience
December 16, 2024  |  Retail

The resale retail sector, once considered a niche market fueled by thrifty shoppers and vintage enthusiasts, has emerged as a multibillion-dollar industry. As just one...

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ThredUp Sells European Business Remix to Focus on US
ThredUp Sells European Business Remix to Focus on US
December 03, 2024  |  eCommerce

After three years of ownership, secondhand clothing marketplace ThredUp has sold Remix, its European reCommerce platform. The company announced the divestiture Tuesday (Dec. 3), the...

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China’s Secondhand Luxury Market Blooms as Consumers Feel Pinched
China’s Secondhand Luxury Market Blooms as Consumers Feel Pinched
November 24, 2024  |  Retail

While Chinese consumers are struggling, the country’s secondhand luxury market is reportedly thriving. As the Financial Times (FT) reported Sunday (Nov. 24), companies such as...

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ThredUp Picks Amazon Veteran Danielle Vermeer to Head Social Commerce
ThredUp Picks Amazon Veteran Danielle Vermeer to Head Social Commerce
November 12, 2024  |  News

Clothing reseller ThredUp has chosen Amazon’s ex-luxury resale head as its new social commerce director. Danielle Vermeer will take on the newly-created role of head...

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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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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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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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