Depop news and archive

Ebay records strong Q1 following Depop acquisition agreement

US-based e-commerce platform Ebay has reported strong financial results for the first quarter ended March 31, 2026. The company saw gross merchandise volume (GMV) reach 22.20 billion dollars, representing an 18 percent increase on an as-reported basis and a 14 percent rise on a foreign exchange (FX) neutral basis. Revenue for the period climbed...

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Chidi Onwudike appointed chief operating officer at Depop

London-based circular fashion marketplace Depop has officially appointed Chidi Onwudike as its new chief operating officer (COO). Onwudike, who previously served as the company’s vice president of strategy & customer experience, announced the promotion via LinkedIn as she prepares to return to the workforce following maternity leave. Expressing...

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Business

The resale revolution and why brands want back in

The second-hand fashion market has crossed a threshold. When eBay agreed to buy Depop from Etsy for around 1.2 billion dollars, it was another signal that resale is no longer a niche corner of retail. It has become a central part of how younger consumers shop. For Gen Z in particular, buying pre-loved clothing is normal. It offers a mix of...

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Business

eBay announces strong 2025 results and definitive agreement to acquire Depop

eBay Inc. reported robust financial results for the fourth quarter and full year of 2025, a period chief executive officer Jamie Iannone described as a "milestone year" driven by disciplined strategic execution and a focus on recommerce. For the full year ended December 31, 2025, the company generated 11.1 billion dollars in revenue, an 8...

Fashion

Depop launches campaign designed to reframe resale as ‘practical personal economy’

A new US campaign launched by Depop is aiming to reposition resale as a “practical personal economy”, urging consumers to see the sector as a means to support everyday life. Dubbed ‘Depoponomics’, the campaign looks to spotlight how customers are funding personal expenses through their personal style. Video director Dave Meyers oversaw the...

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Etsy appoints new CEO as Q3 results surpass expectations

Online marketplace Etsy has promoted its current chief growth officer, Kruti Patel Goyal, to chief executive officer as Josh Silverman prepares to step down from the helm. The shift in leadership comes as the company reported Q3 performance that surpassed expectations. Patel Goyal, who also currently serves as president of the company, will take...

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Business

Depop's operating loss narrows amid strong revenue growth

Depop Limited, the circular fashion marketplace headquartered in London, achieved strong financial results for the year ended December 31, 2024, reporting a 42 percent surge in revenue and a 14 percent reduction in operating loss. Revenue for the year rose to 101.6 million pounds, while the operating loss narrowed to 42 million pounds from 49.1...

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Fashion

Depop launches moodboard-inspired feature to expand socially-driven experiences

Resale platform Depop has expanded its features to include a moodboard-inspired experience that allows users to create a selection of products that they can then purchase in one go. Dubbed ‘Outfits’, the new in-app service acts as a styling and collaging tool through which shoppers can put together full looks using any listed item and then...

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Business

Etsy reports mixed Q2 2025: Revenue up and gross merchandise sales down

Etsy announced its second-quarter 2025 results, revealing a mixed performance with revenue growth driven by advertising and payments, despite a decrease in overall gross merchandise sales (GMS). The company also highlighted strategic efforts to enhance the buyer experience and reignite growth on its core marketplace. Etsy reported consolidated...

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Depop names Peter Semple as CEO

Resale marketplace Depop has appointed Peter Semple as chief executive officer. He will take up the role from August 1 after serving as the platform’s interim CEO since May 2025. Prior to Depop, Semple already held notable experience at tech firms, including Google, where he was part of a small innovation team at Google Creative Lab. He then...

Fashion

Depop launches partnership with Tony Hawk’s Pro Skater 3 + 4

Circular fashion marketplace Depop is teaming up with Tony Hawk’s Pro Skater 3 + 4 game to allow players new ways to express their style while skating. The collaboration will see Depop dropping into the gaming world by offering players access to a Depop-branded ‘Create-A-Skater’ pack featuring 15 branded styles and skateboards inspired by real...

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Fashion |In Pictures

Indie vanguard and contemporary classics: Depop predicts 2025 fashion trends

Secondhand marketplace Depop has made its predictions for trends it believes will dominate 2025 in a report that particularly highlights a shift towards more durable, versatile fashion, thus actively discounting microtrends. Developed in collaboration with AI retail intelligence platform Edited, the 2025 Fashion Trends report relies on what...