Luxury resale used to be a secondary consideration. The numbers say it isn’t anymore. Nearly half of luxury consumers now factor resale value into primary market purchases. Almost 60% prefer the secondary market outright. Get the Full Story Complete the form to unlock this article...
Secondhand is no longer a backup plan. Shoppers are going there first, and the platforms making that possible built their advantage in artificial intelligence. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The resale platform ThredUp reported its strongest year-over-year growth in nearly four years, buoyed by record new customer acquisition and higher engagement from existing buyers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
eCommerce reseller company Pattern aims to raise $321 million upon going public. 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. By...
January 17, 2025
For retailers, the rise of artificial intelligence-driven tools presents not just an opportunity, but a mandate to evolve. 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. By completing this form, you […]
December 16, 2024
The resale retail sector, once considered a niche market fueled by thrifty shoppers and vintage enthusiasts, has emerged as a multibillion-dollar industry. Get the Full Story Complete the form to...
April 10, 2024
In the latest edition of “The Paycheck-to-Paycheck Report: High-Income Consumers Lead Surprising New Data on Side Hustles,” PYMNTS Intelligence explored a variety of methods U.S. consumers pursue to pick up...
March 06, 2024
As consumers’ budgetary pressures prompt them to seek lower-priced options, many digital resale platforms are seeing growth, but eCommerce has a long way to go when it comes to driving...
July 06, 2026
A coalition of global fashion brands and digital marketplaces is mounting a campaign to eliminate sales taxes on secondhand clothing, according to a report June 30 from Retail Brew. The group argues that taxing items at the point of resale constitutes “double taxation,” as the government already collected sales tax when the garments were originally […]
September 10, 2025
eCommerce reseller company Pattern aims to raise $321 million upon going public. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
July 24, 2025
U.S. consumers who make purchases through Klarna can later list eligible items on fashion resale marketplace Poshmark with a few taps. Get the Full Story Complete the form to unlock...
June 25, 2025
The reverse logistics industry is reportedly benefiting from new U.S. tariffs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
