ReCommerce

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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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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The RealReal Promotes COO Rati Sahi Levesque to CEO
The RealReal Promotes COO Rati Sahi Levesque to CEO
October 28, 2024  |  eCommerce

The RealReal has appointed President and Chief Operating Officer Rati Sahi Levesque as president and CEO and as a member of the board. Levesque succeeds...

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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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Amazon Adds ‘Grade and Resell’ Option for Sellers’ Product Returns
Amazon Adds ‘Grade and Resell’ Option for Sellers’ Product Returns
September 19, 2024  |  Amazon

Amazon now offers the independent sellers using Fulfillment by Amazon (FBA) in the United States a new option for managing product returns: Grade and Resell....

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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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Trove Acquires Recurate to Expand Branded Resale Market Presence 
Trove Acquires Recurate to Expand Branded Resale Market Presence 
August 13, 2024  |  Acquisitions

Branded resale company Trove has acquired Recurate, a “significant” player in its industry. “This acquisition underscores Trove’s commitment to making branded resale more accessible and...

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