ReCommerce

Why Farfetch and TheRealReal No Longer Find Beauty Products Pretty

Why Farfetch and TheRealReal No Longer Find Beauty Products Pretty
Why Farfetch and TheRealReal No Longer Find Beauty Products Pretty
August 15, 2023  |  eCommerce

Over the past few years, the beauty category has witnessed unprecedented growth, leading to a surge in new brands, innovative products, and cutting-edge marketing strategies....

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Is Resale Losing Its Appeal as Consumers Cut Back on Spending? 
Is Resale Losing Its Appeal as Consumers Cut Back on Spending? 
July 11, 2023  |  Retail

Despite being in operation for 12 years, The RealReal has yet to achieve profitability. However, other brands and retailers have observed the popularity of resale...

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thredUP Moves the Needle With Premium, Not Bargain, Buyers
thredUP Moves the Needle With Premium, Not Bargain, Buyers
May 10, 2023  |  eCommerce

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...

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Footwear Retailers Launch Branded Resale, but Who’s Buying?
Footwear Retailers Launch Branded Resale, but Who’s Buying?
May 09, 2023  |  Retail

While apparel retailers are increasingly making forays into branded resale, creeping behind is footwear. Recently, Toms Shoes launched its resale initiative in partnership with thredUP...

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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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eBay Takes on The RealReal With Certified Brand Program
eBay Takes on The RealReal With Certified Brand Program
April 28, 2023  |  Retail

Despite the setback caused by its investment in Cudoni, a resale platform startup that was forced to shut down due to lack of traction, eBay...

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eBay Doubles Down on Luxury Sector Despite Cudoni Shutdown 
eBay Doubles Down on Luxury Sector Despite Cudoni Shutdown 
April 27, 2023  |  Earnings

Cudoni, a luxury resale platform backed by eBay, announced its shutdown earlier this week, citing the economic climate as the reason for its unfeasible operations....

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eBay-Backed Cudoni Shuts Down, Highlighting Growing Competition in Luxury Resale  
eBay-Backed Cudoni Shuts Down, Highlighting Growing Competition in Luxury Resale  
April 24, 2023  |  eCommerce

Back in January, Cudoni, a startup based in London, added eBay to its roster of investors with a $9 million fundraise. Today, the company no...

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