Clothing Resale news and archive

Recommerce economy nearly worth 7 billion pounds in the UK

The resale and rental ‘recommerce’ market is continuing to grow in the UK and is now worth 6.99 billion pounds and accounts for 1.6 percent of the total retail market, according to new research from Barclaycard Payments. The report, in partnership with Development Economics, reveals that 40 percent of consumers shop second-hand or rent items...

Fashion

Maje launches resale in the US

Parisian fashion brand Maje, part of French fashion group SMCP, has launched its in-house peer-to-peer resale platform in the US in partnership with Archive, the technology platform for branded resale items. ‘Maje Secondhand’ gives customers the ability to list their preloved Maje pieces alongside past season’s clothing “to create a cohesive...

Retail

ThredUp to power resale for Vera Bradley through RaaS

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....