ReCommerce

Demand for Brand Authenticators Rises Amid Growing Threat of Counterfeits

Demand for Brand Authenticators Rises Amid Growing Threat of Counterfeits
Demand for Brand Authenticators Rises Amid Growing Threat of Counterfeits
November 17, 2022  |  Retail

Recalling then-candidate Joe Biden’s 2019 advice that out-of-work coal miners should learn to code, now-unemployed coders may want to check job listings for “Luxury Procurement...

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Third-Party, White-Label Solutions Boost Luxury Recommerce Growth
Third-Party, White-Label Solutions Boost Luxury Recommerce Growth
November 15, 2022  |  Retail

Researchers at Spain’s Universitat Politècnica de Catalunya recently published a study showing that reusing 1kg of clothing could save 25 kg of carbon dioxide emissions....

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thredUP Hits Headwinds as Apparel Oversupply Dresses Down Resale
thredUP Hits Headwinds as Apparel Oversupply Dresses Down Resale
November 14, 2022  |  eCommerce

Apparel resale marketplace thredUP reported a difficult third quarter as apparel overstocks and endless discounting chipped away its value-priced advantage. Get the Full Story Complete...

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RealReal Overhauls Consignment Structure in Quest for Profitability
RealReal Overhauls Consignment Structure in Quest for Profitability
November 09, 2022  |  Retail

In its ongoing quest for profitability, luxury resale platform The RealReal said Tuesday (Nov. 8) that it has overhauled its commission structure and will charge...

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Rent the Runway’s First IPO Anniversary Marks Unexpected Pain and Reckoning
Rent the Runway’s First IPO Anniversary Marks Unexpected Pain and Reckoning
October 27, 2022  |  Retail

One year after its heady $1.7 billion initial public offering (IPO), fashion rental and resale company Rent the Runway is facing a far more humbling...

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GOAT Group Buys Fashion Reseller Grailed
GOAT Group Buys Fashion Reseller Grailed
October 17, 2022  |  Retail

eCommerce fashion platform GOAT Group has agreed to acquire apparel reseller Grailed, combining their forces amid a projected boom in second-hand luxury sales. Get the...

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Poshmark Buyout Reflects Hidden Value Within Battered Resale Industry
Poshmark Buyout Reflects Hidden Value Within Battered Resale Industry
October 04, 2022  |  Retail

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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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  |  Partnerships

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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