Resale news and archive

Rebag launches consignment service

Luxury accessories resale platform Rebag is adding consignment services to its offering, complementing its trade and buyout features and providing more flexibility for users. According to the company, the consignment service aims to take away fluctuating commission rates and lengthy payment processes, giving sellers visibility and control over...

Fashion

Zara launches pre-owned platform in France

Spanish fashion giant Zara, part of the Inditex group, is set to expand its offering of selling, repairing, or donating second-hand clothing in France. The service, which launches on 7 September, is available through Zara's physical stores, its official website, and its mobile app, has already been successfully rolled out to shoppers in the UK...

Business

Toast to introduce resale programme in extension of circularity efforts

British apparel retailer Toast is set to continue expanding its efforts in the field of circularity with the imminent launch of a new resale service for customers. Through ‘Toast Reworn’, which is scheduled to debut in October, shoppers will be able to bring pre-worn items into a Toast store or send them to the company free of charge to be...

Business

Sneaker marketplace Laced to expand into Europe

UK-based luxury sneaker marketplace Laced is beginning to step into wider Europe, as it starts to roll out dedicated language websites for various countries in the region. Next to introducing a number of currencies, the platform has also debuted dedicated sites for Germany and France, with it planning to further expand its reach for Italy and...

Business

Fashion and sustainability in July 2023

While July mainly beckoned with warm summer weather, it revealed some dark clouds in the field of fashion and sustainability: The European Court of Auditors, for example, found that the EU’s transition to a circular economy has come to a virtual standstill despite the ten billion euros made available to EU member states to promote the circular...

Business

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...

Business

Sign of the Times acquires Cudoni assets

London-based luxury resale platform Sign of the Times has acquired certain assets of Cudoni, which collapsed into administration in April, citing the rising cost of living and economic crisis in the UK. In a statement, Sign of the Times said the acquisition would reinforce itself as one of the largest luxury resellers in the UK by increasing its...

Business |Interview Featured

How ‘Islanders’ have helped spur on Ebay’s pre-loved fashion push

“The fact that we made front page news when we first announced that the Islanders would be wearing secondhand clothing shows how ingrained fast fashion had become in society,” said Kirsty Keoghan, global general manager of Pre-Loved Fashion at Ebay UK, when asked about the platform’s ongoing partnership with Love Island. Initially teaming up for...

Business

The Swoondle Society snaps up ShopTomorrows in strategic acquisiton

Trade-based resale platform The Swoondle Society has announced the acquisition of childrenswear resale marketplace ShopTomorrows as the company looks to secure its place as the market-leading trade-based apparel platform in the US. Through the takeover, Swoondle said it has broadened its customer segment “substantially”, accessing ShopTomorrow’s...

Business

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...

Business

Carhartt to bring resale programme to stores

Workwear brand Carhartt has said it is expanding its resale programme to its physical stores over the course of 2023 following what the company said had been a successful pilot. The initiative is an expansion of the brand’s Carhartt Reworked programme, which had initially launched online in March 2023 as a resale site before entering its retail...

Fashion

ThredUp teams up with ‘Barbie’ costume designer Jacqueline Durran

ThredUp, one of the world's largest online resale platforms, has partnered with Academy Award-winning costume designer Jacqueline Durran on an exclusive #Barbiecore Dream Shop experience. Durran is the costume designer for ‘Barbie, the Movie,’ which stars Margot Robbie and comes out July 21 and she has thrifted on ThredUp to curate a custom...