(source: thredup.com)
As inflation takes its toll on consumer spending, luxury consignment stores are grappling with the effects, witnessing a notable increase in the challenges associated with...
ThredUP is reeling in a more upscale clientele. “We’ve done a really good job as a team of focusing more of our buyer efforts on...
Goodwill is increasing its eCommerce focus amid competition from brands like Poshmark and ThredUp. “There’s so much competition coming into the market now,” Matt Kaness, chief executive of GoodwillFinds eCommerce,...
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....
Artificial intelligence (AI) is a hot tool these days. Not only is it helping brands and retailers streamline business operations to become more efficient but...
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...
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...
The handbag and accessory brand Patricia Nash is now using thredUP’s Resale-as-a-Service (RaaS) offering. With the launch of its new Rediscovered program, Patricia Nash joins 40 other brands offering resale...
The global secondhand apparel market is expected to nearly double by 2027. The market will leap from $177 billion in 2022 to $351 billion in...