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...
The value of the luxury resale space reportedly grew to $59 billion last year. 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...
United Kingdom ministers reportedly plan to make it illegal to resell tickets for live events at a price above face value. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
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...
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...
June 28, 2024
With consumers increasingly expecting to be able to get anything they want, when they want it, bridal retail is picking up the pace, according to Kleinfeld Bridal, the wedding retailer...
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...
August 18, 2026
IKEA plans to launch an online marketplace in the United Kingdom that will allow consumers to buy and sell pre-owned IKEA products, the company said in a Monday (Aug. 17) press release emailed to PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — […]
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...
February 24, 2026
The value of the luxury resale space reportedly grew to $59 billion last year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
November 17, 2025
United Kingdom ministers reportedly plan to make it illegal to resell tickets for live events at a price above face value. Get the Full Story Complete the form to unlock...
