Depop news and archive

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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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...

People

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...

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Fashion

Sportswear, Cowboys and Co: Depop trends for SS24

Can a second-hand website predict trends? The London-based fashion marketplace Depop, its in-house trend forecaster Agus Panzoni and the 35 million registered users acquiesce and give some detailed insight into the next “big thing” for the upcoming summer. With Festival Season fast approaching, Depop analysed the most searched-for secondhand...

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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...

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Retail

Depop partners with Sook for retail pop-ups

Resale platform Depop is taking to the physical realm via a new partnership with Sook that will see it host a number of pop-ups across the UK. Over the course of six months, Depop will operate pop-up stores throughout London, Liverpool and Edinburgh, where a selection of unique sellers that operate through its site will be housed. To begin, four...

Fashion |In Pictures

Conner Ives launches upcycled capsule collection on Depop

Emerging fashion designer Conner Ives has launched his own Depop shop with an exclusive capsule collection of upcycled accessories and clothing. The limited-edition collection, designed and produced in London, is exclusive to the fashion resale platform and includes a two-piece T-shirt and skirt set featuring hand-drawn motifs alongside...

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Business

Depop increases sales, narrows losses

London-based fashion marketplace Depop reported an 8 percent improvement in the annual sales to 54.3 million pounds, while the company’s losses narrowed to 59.4 million pounds. The company’s current owner Etsy Inc. said in its 2022 10-K filing: “We believe Depop has a meaningful growth opportunity given its healthy user engagement metrics,...

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Business

Etsy reports record Q4 revenue following strong holiday season

US e-commerce giant Etsy has reported record revenue in the fourth quarter, up 12.6 percent from the same period a year earlier following a “strong holiday performance”. The company, which focuses on vintage and handmade products, made net revenue of 807.2 million dollars in the final quarter ended December 31, which was ahead of estimates. Etsy...

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Business

Depop swings to FY operating loss

British resale platform Depop swung to a loss last year as the strong demand it saw during the pandemic began to wane. In the 12 months to December, the company made an operating loss of 84.5 million pounds compared to a profit of 0.4 million pounds a year earlier. That came as revenue increased slightly by 2 percent to 50.1 million pounds. The...