resale

South Korea’s Naver to Buy Poshmark in Bid to Boost eCommerce
South Korea’s Naver to Buy Poshmark in Bid to Boost eCommerce
October 03, 2022  |  Acquisitions

New and used apparel and home goods reseller market Poshmark said it is being acquired by South Korea’s Naver Corp., the companies announced Monday (Oct....

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Luxury Brands Take Second Look at Secondhand Sales
Luxury Brands Take Second Look at Secondhand Sales
September 27, 2022  |  Retail

If you can’t beat ‘em, join ‘em. That’s the retail response that a growing list of luxury apparel brands and designers are taking as a...

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EMEA Daily: Amazon Buys Cloostermans; Wise Brings SWIFT to Neobanks
EMEA Daily: Amazon Buys Cloostermans; Wise Brings SWIFT to Neobanks
September 09, 2022  |  emea

Today in Europe, the Middle East and Africa, Amazon acquired the Belgian robotics company Cloostermans and Wise Platform launched a new solution to help banks...

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Roger Federer-Backed Running Shoe Brand Launches Resale Site in Green Push
Roger Federer-Backed Running Shoe Brand Launches Resale Site in Green Push
September 09, 2022  |  Retail

Seeking to boost its sustainability and reach new customers, Swiss athletic footwear and apparel brand On — which is backed by tennis star Roger Federer...

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ThredUP: Apparel Resale ‘Uniquely Positioned’ to Weather Storm as Orders, Buyers Rise
ThredUP: Apparel Resale ‘Uniquely Positioned’ to Weather Storm as Orders, Buyers Rise
August 16, 2022  |  Retail

Clothing reseller thredUP saw double-digit percentage increases in the number of orders and buyers on its platform during the second quarter. The company had 1.7...

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Today in Retail: Resale Platforms Tout Immunity From Supply Chain; Macy’s Boosts Pay Amid Labor Shortage   
Today in Retail: Resale Platforms Tout Immunity From Supply Chain; Macy’s Boosts Pay Amid Labor...
November 09, 2021  |  Retail

In today’s top retail news, The RealReal and thredUP see an opportunity to capture consumers as rivals struggle with their supply chains, while brands are...

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Resale Marketplaces See ‘Compelling Opportunity’ as Others Struggle With Supply Chain
Resale Marketplaces See ‘Compelling Opportunity’ as Others Struggle With Supply Chain
November 09, 2021  |  Retail

Secondhand marketplaces thredUP and The RealReal say they have been immune thus far from the higher prices and tangled supply chains plaguing many other retailers...

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Today In Payments: Facebook’s F8 Focuses On eCommerce Tools; Sezzle, Target Sign 3-Year Deal
Today In Payments: Facebook’s F8 Focuses On eCommerce Tools; Sezzle, Target Sign 3-Year Deal
June 03, 2021  |  News

In today’s top news, Facebook announced a slate of new tools for businesses, and buy now, pay later firm Sezzle signed a three-year deal with...

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Rent The Runway Segues Into Resale Market
Rent The Runway Segues Into Resale Market
June 02, 2021  |  Retail

Rent The Runway (RTR) is jumping into the resale apparel market, one of the latest companies to segue into the quickly expanding secondhand clothing space,...

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