Trove news and archive

Trove acquires German resale platform Reverse.supply

Resale technology firm Trove has announced the acquisition of the German-based resale marketplace Reverse.supply as it continues on a mission to roll out its own platform internationally. Through the deal, which will bring Reverse.supply’s European expertise under Trove’s own wing, Trove said it “now offers the most comprehensive and scalable...

Fashion

Béis launches resale platform with Trove

Béis, the luggage brand founded by actress Shay Mitchell, is teaming up with resale tech company Trove to offer a new resale platform to offer pre-loved Béis products. ‘Second Béis’ will let consumers buy gently used best-selling Béis products, including weekenders, rollers, backpacks, and commuter totes/duffles. Adeela Hussain Johnson, chief...

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Recommerce tech provider Trove acquires resale marketplace Recurate

Trove, a provider in branded resale and customer trade-in services, has announced the acquisition of resale marketplace Recurate in what the company said is a bid to make branded resale “more accessible and easier to launch and scale”. As part of the acquisition, Trove will merge its resale capabilities with Recurate’s peer-to-peer expertise,...

People

Trove appoints Terry Boyle as CEO

Resale tech company Trove has named Terry Boyle as its new chief executive officer, a role he will take up from June 17. Boyle will succeed Gayle Tait, who will be stepping down from the helm position but will remain on as a member of the firm’s board of directors. In a statement in a release, Trove founder and chairman, Andy Ruben, thanked Tait...

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Resale company Trove secures 30 million dollars in fresh funding

Resale tech company Trove has raised 30 million dollars in a series E funding round, bringing its total funding to over 150 million dollars since its inception. The US business, whose technology powers the resale services of brands including Lululemon, Patagonia, Nordstrom, and Levi’s, said the investment “strategically brings together experts...

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Trove expands branded resale operations in North America

Trove, a company that provides resale services for fashion brands, announced Friday the expansion of five re-ecommerce powered partner facilities across North America including the US and Canada. The US business, whose technology powers the resale services of brands including Lululemon, Patagonia, Nordstrom, and Levi’s, said it is actively...

Fashion |Report Featured

Trove releases inaugural Brand Resale Index

Trove, which provides resale and trade-in services for fashion brands, has launched its inaugural Brand Resale Index evaluating resale adoption and trends across 40 brands spanning fashion/apparel, outdoor, footwear, and luxury. The Index, conducted in partnership with OSF Digital, has assessed brands on 147 different criteria across brand...

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Carhartt launches resale and trade-in programme with Trove

American premium workwear brand Carhartt has launched a resale and consumer trade-in programme to extend the life of its products in partnership with Trove. The ‘Carhartt Reworked’ programme will mark the first branded resale platform in the workwear industry, explains Carhartt, and will support its sustainability journey “by creating a circular...

People

Resale tech company Trove adds new CFO, CTO to leadership team

Trove, a company that provides resale services for fashion brands, has bolstered its executive team with two new hires: a new chief financial officer and chief technology officer. The US business, whose technology powers the resale services of brands including Lululemon, Patagonia, Nordstrom, Levi’s, and Eileen Fisher, announced Thursday that...

Retail

Canada Goose launches re-commerce platform in the US

Luxury outerwear and apparel brand Canada Goose, which last month launched rental with Selfridges, has launched its own re-commerce platform to allow consumers to shop and trade in pre-loved styles. Toronto-based Canada Goose is launching its ‘Generations’ re-commerce platform initially in the US, with plans to expand into Canada later this...

Fashion Featured

Running brand On partners with Trove to launch ‘Onward’ resale

Swiss performance sportswear brand On has launched ‘Onward,’ a new resale site and online trade-in programme powered by Trove, the recommerce operating system. The ‘Onward’ initiative is an extension of the Swiss sports brand’s existing ESG initiatives, focusing on driving sustainability through innovation and elevating circularity across its...

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Recommerce platform provider Trove secures new milestone

Trove, the provider of a recommerce operating system, has reported that its technology is now being used by 700 brick and mortar stores throughout the US. The milestone follows the announcement of new brand partners that have added the tech company’s system to their offering over the past year, including the likes of Patagonia, Lululemon, Eileen...