Denim brand Madewell and resale platform ThredUp have opened a temporary store in Williamsburg, Brooklyn exclusively for second-hand fashion. As well as offering pre-loved clothing, the store aims to educate consumers on the impact of circular fashion, and also features an in-store mending station for damaged clothing. QR codes offer shoppers a...
10 hours ago
Second-hand fashion platform ThredUp has reported a 26.7 percent increase in revenue in the second quarter of the year as the red-hot resale market continues to grow. For the three months to June 30, the company’s revenue was ahead of expectation, hitting 59.96 million dollars, up from 47.34 million dollars a year earlier, which CEO and...
Aug. 11, 2021
US denim brand Madewell has launched a new second-hand fashion platform with the help of resale giant ThredUp. The new platform, called ‘Madewell Forever’, harnesses ThredUp’s resale-as-a-service (RaaS) to give preloved women’s jeans a new lease of life. Launched on Tuesday, the platform currently has over 3,000 products, with new styles added...
Jul. 20, 2021
US fashion resale platform ThredUp has teamed up with LG Electronics USA, a subsidiary of South Korean electronics giant LG, to launch a charitable apparel clean-out program. The tie-up, which marks the first time ThredUp will offer its Resale-as-a-Service (RaaS) to a non-fashion brand, aims to help consumers extend the life of their garments...
Jul. 15, 2021
Within the next five years, the second-hand apparel market is expected to reach 77 billion dollars, according to a new report. Analysts say that a convergence of driving forces are making shoppers “think second-hand first”. A new research by ThredUp based on GlobalData’s findings confirms the U.S. consumers’ preference for more sustainable...
Jun. 28, 2021
When Etsy snapped up Depop for 1.6 billion dollars investors took note. Dubbed the “resale home for Gen Z” by Etsy CEO Josh Silverman, the app, which counts over 30 million registered users, has enormous potential to be scaled. Expansion would see the company grow its share in a booming and growing resale market, which according to analytics...
Jun. 11, 2021
US apparel resale platform ThredUp has announced it will provide American luggage and handbag company Vera Bradley, Inc. with its Resale-as-a-Service (RaaS). Vera Bradley will give its online and in-store customers the opportunity to fill what it refers to as ‘Clean Out Kits’, with the apparel, shoes and accessories they want to do away with....
May 12, 2021
ThredUp teamed with Christian Siriano to help the designer show secondhand clothing on his New York Fashion Week runway. Siriano selected three of his own designs that were available through ThredUp’s online resale site, which he then repurposed and showed on the runway alongside his Fall 2021 collection. Siriano’s repurposed pieces included a...
Feb. 26, 2021
ThredUp has created a logo that will serve as the first universal symbol for used secondhand clothing. In partnership with designer Christian Siriano, the clothing resale platform has introduced what it calls the "Thrift Logo." The Thrift Logo was created to allow secondhand garments to become recognizable objects that stand for sustainability,...
Dec. 8, 2020
ThredUp, a clothing resale platform, has said that it has confidentially submitted paperwork to the U.S. Securities and Exchange Commission for an initial public offering of its Class A common stock. The news was reported by Reuters. In a statement, the company said that size and price range of the common stock has not been determined. ThredUp’s...
Oct. 21, 2020
ThredUp has gotten a makeover. The popular secondhand retail site launched a new rebrand to better connect with a new generation of thrifters who are proud to wear used clothing. Creative agency Red Antler was selected to lead the rebranding effort. The resale retailer describes its new identity as "a creative direction inspired by thrifter...
Oct. 8, 2020
ThredUp has taken its goal of building a circular fashion economy to the next level, with a new partnership to sell pre-rented clothing. The secondhand retailer and Rent The Runway have announced a new partnership that will entail ThredUp selling retired items from the rental closet. Called "Revive by Rent The Runway," the collaboration will...
Sep. 30, 2020
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