Luxury Resale news and trends

The RealReal: AI Tools Improve Sales, Operational Efficiency, Customer Service
Earnings // February 21, 2025

Artificial intelligence (AI) tools are helping improve sales, operational efficiency and customer service at The RealReal, executives said Thursday (Feb. 20) during the company’s quarterly earnings call. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

ThredUp Sells European Business Remix to Focus on US
eCommerce // December 03, 2024

After three years of ownership, secondhand clothing marketplace ThredUp has sold Remix, its European reCommerce platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

Luxury Brands Shed 50 Million Customers as Prices Climb
Retail // November 27, 2024

Luxury brands have shed roughly 50 million customers over two years as shoppers seek lower prices. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

China’s Secondhand Luxury Market Blooms as Consumers Feel Pinched
Retail // November 24, 2024

While Chinese consumers are struggling, the country’s secondhand luxury market is reportedly thriving. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Quick Reads
Faume Raises $9.1 Million to Expand Fashion Resale Platform Across Europe

April 11, 2025
Faume has raised 8 million euros (about $9.1 million) to support the European expansion of its resale platform for premium and luxury fashion brands. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS […]

The RealReal: AI Tools Improve Sales, Operational Efficiency, Customer Service

February 21, 2025
Artificial intelligence (AI) tools are helping improve sales, operational efficiency and customer service at The RealReal, executives said Thursday (Feb. 20) during the company’s quarterly earnings call. Get the Full...

ThredUp Sells European Business Remix to Focus on US

December 03, 2024
After three years of ownership, secondhand clothing marketplace ThredUp has sold Remix, its European reCommerce platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Luxury Brands Shed 50 Million Customers as Prices Climb

November 27, 2024
Luxury brands have shed roughly 50 million customers over two years as shoppers seek lower prices. Get the Full Story Complete the form to unlock this article and enjoy unlimited...