Is resale profitable for brands? While that question has yet to be answered, deploying the technology and functionality to create the resale-as-a-service (RaaS) apparently is. At least that’s what it’s looking like for thredUP. “That we are on track to break even in Q4, which...
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 earnings report, the marketplace is resonating with premium buyers, not bargain shoppers. According to James Reinhart, the CEO and co-founder...
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 apparel overstocks and a hyper-promotional environment strained the resale marketplace, as did high returns and a slowing in its core...
In subscription commerce news, consignment startup thredUP has announced it will help customers try clothes on before making purchases through its new Goody Box offering. With the new try-before-you-buy offering, thredUP purchasers will be able to sign up for on-demand shipments, order personalized items, have...
December 13, 2017
In subscription commerce news, consignment startup thredUP has announced it will help customers try clothes on before making purchases through its new Goody Box offering. With the new try-before-you-buy offering, thredUP purchasers will be able to sign up for on-demand shipments, order personalized items, have them sent to their homes to try on and return […]
