resale

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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Gen Z Shoppers Knowingly Buy Fakes to Save Money
Gen Z Shoppers Knowingly Buy Fakes to Save Money
April 27, 2023  |  Retail

Knowingly buying fakes is taking hold as a cost-cutting trend among younger shoppers. As the high price of luxury goods presents a barrier to purchase...

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Mercari Adds ChatGPT-Powered Shopping Assistant to Marketplace Platform
Mercari Adds ChatGPT-Powered Shopping Assistant to Marketplace Platform
April 18, 2023  |  Artificial Intelligence

Mercari has added a ChatGPT-powered shopping assistant to its marketplace platform for secondhand items. With the new Merchat AI, which is now available in beta...

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Patricia Nash Launches Resale Program Powered by thredUP
Patricia Nash Launches Resale Program Powered by thredUP
April 10, 2023  |  Retail

The handbag and accessory brand Patricia Nash is now using thredUP’s Resale-as-a-Service (RaaS) offering. With the launch of its new Rediscovered program, Patricia Nash joins 40 other brands offering resale...

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Secondhand Apparel Market Surges as Consumers Seek Value
Secondhand Apparel Market Surges as Consumers Seek Value
April 06, 2023  |  Retail

The global secondhand apparel market is expected to nearly double by 2027. The market will leap from $177 billion in 2022 to $351 billion in...

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Etsy Launches Test of ‘Make an Offer’ Feature for Vintage Items
Etsy Launches Test of ‘Make an Offer’ Feature for Vintage Items
April 05, 2023  |  Retail

Etsy has launched a test of a “Make an Offer” feature for vintage items. The feature, which is being piloted for a limited time, allows...

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Poshmark Invites Sellers to Go Live With ‘Posh Shows’
Poshmark Invites Sellers to Go Live With ‘Posh Shows’
April 05, 2023  |  Retail

Fashion resale platform Poshmark has entered the world of livestream shopping. The company Wednesday (April 5) debuted Posh Shows, which allows people to livestream on...

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ThredUp Sellers Needled by Inventory Backlog
ThredUp Sellers Needled by Inventory Backlog
April 03, 2023  |  Retail

Sellers on fashion resale site ThredUp are reportedly fed up with long processing waits. The online consignment shop has for years offered customers Clean Out...

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Resale Is Having Its Moment, but Will Rent the Runway?  
Resale Is Having Its Moment, but Will Rent the Runway?  
April 02, 2023  |  Retail

The shift towards sustainability is evident, and consumers have made it clear that the trend is here to stay. As a result, the resale market...

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