resale

Digital-First Shoppers Top 2022 Retail Technology Trends
Digital-First Shoppers Top 2022 Retail Technology Trends
December 27, 2022  |  Retail

In 2022, trends in retail technology materialized or matured in a year that defied predictions. Confining our scope to just what happened in retail, PYMNTS...

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Stitch Fix Focuses on Retention as Revenues Fall
Stitch Fix Focuses on Retention as Revenues Fall
December 07, 2022  |  Retail

With revenues continuing to slide, Stitch Fix is looking to improve customer retention. The artificial-intelligence-powered personal style site outlined a number of strategies to reverse...

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Rebag Debuts Wallet Feature to Help Break Resale Supply Bottleneck
Rebag Debuts Wallet Feature to Help Break Resale Supply Bottleneck
December 07, 2022  |  Retail

Rebag wants to turn secondhand luxury buyers into sellers and investors to boost its inventory. In announcing its new Wallet feature Wednesday (Dec. 7), the...

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Rolex Will Certify Its Pre-Owned Watches
Rolex Will Certify Its Pre-Owned Watches
December 01, 2022  |  Retail

Swiss luxury watchmaker Rolex says it will begin certifying its pre-owned timepieces. With this move, Rolex joins a number of luxury brands who have tapped...

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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. The confluence of record industrywide...

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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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Luxury Resale Competition Spikes as ‘What Goes Around’ Opens Amazon Storefront
Luxury Resale Competition Spikes as ‘What Goes Around’ Opens Amazon Storefront
October 21, 2022  |  Retail

For over 20 years, New York City’s original luxury reseller, What Goes Around Comes Around, has enjoyed a robust niche catering to the designer apparel...

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Nike Tries to Stamp out Sneaker Resellers
Nike Tries to Stamp out Sneaker Resellers
October 12, 2022  |  Retail

As part of its ongoing efforts to stop sneaker resellers, Nike has updated its terms of sale to say it could cancel online orders made...

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