Resale news and archive

Around 50 percent of Luxe Collective stock stolen from warehouse

Co-founder and chief executive officer of pre-loved luxury platform Luxe Collective, Ben Gallagher, has revealed that around 500,000 pounds worth of the company’s stock has been stolen from its warehouse. According to Gallagher, the amount of product stolen makes up about 50 percent of the company’s entire owned stock. It appeared that the...

Fashion

Second-hand chic: UK's vintage market surge

The UK is witnessing a significant shift in consumer behaviour, with the second-hand clothing market experiencing a notable uptick. A recent survey conducted by South Western Railway reveals that 77 percent of Britons have purchased pre-owned clothing in the past year, underscoring a growing trend towards sustainable fashion choices. The...

Fashion

Elton John puts hundreds of items up for charity auction via Ebay

Famed British singer Elton John has put hundreds of personal items from his wardrobe up for sale on Ebay via a charity auction that is set to benefit his AIDS Foundation. Dropping in time for Pride Month, the ‘Rocket Man Resale’ features a wide ranging offer of some of John’s most notable pieces, including Gucci jackets, Versace robes and...

Fashion

Vinted Impact Report 2023: Second-hand replaces new clothes in Europe

Second-hand fashion is becoming increasingly important to European consumers. In its latest ‘Impact Report’, second-hand platform Vinted has analysed the place that used clothing is taking up in people's wardrobes and gives insights into consumer behaviour in the second-hand category. These are based on a survey of around 100,000 members of...

Fashion

Kleinfeld Bridal launches resale marketplace

Famed ‘Say Yes to the Dress’ retailer Kleinfeld Bridal has launched an online marketplace for brides to sell and buy pre-owned wedding dresses. KleinfeldAgain.com aims to address the “growing consumer movement toward circular fashion,” the bridal retailer said in a statement, as it looks to serve the bride “who doesn’t seek the traditional...

Business

Poshmark introduces machine learning feature to better promote products

Resale marketplace Poshmark has put a new machine learning feature into place that hopes to accelerate sales for sellers while driving increased engagement from shoppers. Dubbed ‘Promoted Closet’, which is already available in the US, the tool utilises machine learning to match shoppers’ search terms with promoted listings in a bid to enhance...

Business

Rebag launches new membership programme to grow sales

Luxury resale retailer Rebag has launched a membership programme aimed at increasing customer purchasing power by 27 percent. The Rebag+ programme aims to offer an industry-first approach to resale, allowing customers to fund now, buy later, by converting 100 percent of membership contributions to R+ Credit usable for future purchases. To join...

Business

Ebay scraps seller fees for clothing in the UK

Resale marketplace Ebay has announced that it is scrapping fees for individual sellers of pre-owned clothing in a bid to encourage more circular shopping across the UK. The feature, which excludes the sale of sneakers, watches, handbags and jewellery, will be applied to all clothing items currently listed, including ones available prior to the...

BusinessFeatured

Sustainability in fashion: highlights from January to March 2024

In the first quarter of 2024, much happened again in terms of sustainability efforts in the textile and apparel sector and related industries. For example, there was a lot to read - you should not miss the important reports mentioned below, changes in legislation, interviews conducted by FashionUnited with industry pioneers, as well as...

Retail

Poshmark to host series of live shopping events for Earth Month

Poshmark App Credits: Poshmark Resale fashion marketplace Poshmark is set to host a series of live shopping events with seven sustainable brands in honor of Earth Month. Partnering with Rothy's, Christy Dawn, and more, brand partners will hold live events with sellers on Poshmark for the first time during a month-long program. "Poshmark is...

Fashion |Report Featured

Global resale market to reach 350 billion dollars by 2028

ThredUp, a prominent player in the resale industry, has released its 12th annual Resale Report, shedding light on the robust expansion and evolving trends within the secondhand fashion market. The report underscores the burgeoning significance of resale in the retail landscape and suggests that governmental intervention could expedite the shift...

Business

Depop removes selling fees in UK

Resale marketplace Depop has announced some changes to its payment structure, including the removal of its 10 percent selling fee for users in the UK. Having immediately been applied to new listings, the move hopes to aid sellers and comes as part of Depop’s efforts to further open up access to the circular economy. Alongside this, the platform...