Resale news and archive

Resale platform Luxe Collective to shutter

British resale platform Luxe Collective has announced plans to close down its business just seven years into its lifespan. The news comes almost one year after the company faced a break-in at its warehouse, where it was reported that over 500,000 pounds in stock was stolen. Luxe Collective revealed it was closing down on its official Instagram...

Fashion

Vestiaire Collective to host Rosie Huntington-Whiteley closet sale

British model, actress, and entrepreneur Rosie Huntington-Whiteley is partnering with pre-loved luxury fashion platform Vestiaire Collective to sell a curated edit from her closet to raise funds for The Kings Trust UK. Launching on Vestiaire Collective on May 2, the Rosie Huntington-Whiteley closet sale will feature more than 40 pieces from her...

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Business

What second-hand fashion offers luxury brands, and vice versa

On April 14, resale platform Vestiaire Collective unveiled its barometer of the most popular fashion brands on the second-hand market. In the luxury bags category, Chanel topped the ranking with the highest number of product views per user, followed by Louis Vuitton and Hermès. But what do luxury houses really gain from shining in the resale...

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Business

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...

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Fashion |Report

How secondhand fashion is reshaping the global apparel market

The global secondhand apparel market is on an unprecedented growth trajectory, set to reach 367 billion dollars by 2029, according to ThredUp’s annual Resale 2025 report. This sector is expanding at a pace 2.7 times faster than the broader global apparel industry, reflecting a seismic shift in consumer behavior and retail strategies. In 2024...

Fashion

Karhu launches US resale programme

Finnish athletic footwear brand Karhu has launched a US resale programme powered by Archive, the technology platform that powers resale businesses for more than 50 brands globally, including The North Face, Oscar de la Renta, New Balance, and Dr. Martens. The resale programme is called Karhu Renewed and has been designed to extend the lifecycle...

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Business

Lucy & Yak launch PreLoved scheme online expanding buyback initiative

Indie lifestyle brand Lucy & Yak has expanded and rebranded its buyback scheme, which will now exist under the title ‘Pre-Loved’ and has become available via the company’s online store. The launch into e-commerce builds on an existing concept already available in stores, initially launched in 2023 as part of the brand’s wider Re:Yak initiatives....

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H&M Foundation supports Ellen MacArthur’s circular Fashion ReModel with$15 million

The H&M Foundation, the non-profit organization from the Swedish fashion giant, has given 15.4 million dollars to the Fashion ReModel, a demonstration project that seeks to offer viable commercial alternatives to producing new garments by showcasing how revenue can be generated through rental, repair, resale, and remake models. A philanthropic...

Fashion

How archival fashion fuels the resale boom

Luxury fashion has always had a symbiotic relationship with its past, drawing on archival designs to inform contemporary collections. However, the industry’s increasing reliance on nostalgia—often with little reinterpretation—has begun to reshape consumer behaviour in ways that may prove counterproductive. Every time a creative director is...

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Truss secures investment from FIGR Ventures

UK-based resale fashion tech start-up Truss, which is looking to revolutionise the fashion industry by powering resale with AI-enabled data infrastructure, has secured 300,000 pounds in investment from FIGR Ventures. In a statement, Truss said with the new 300,000-pound capital it has also secured critical match-funding to activate a 1.1 million...

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Business|Report

Shoppers to spend two billion pounds on secondhand gifts this Christmas

The secondhand market has already taken precedence over consumer priorities in recent years, and it seems that even into the festive season, the sector will continue to enjoy a favourable environment. In fact, according to new research by Vinted and Retail Economics, UK consumers are expected to spend over two billion pounds on secondhand gifts...

Fashion

StockX: Performance shoes on the rise, Asics and Puma continue to dominate

Online marketplace StockX has published its latest quarterly trend round up highlighting the movers and shakers of the 2024 resale market, from the top collaborations of the period to the most in demand sneaker silhouettes. In a release, the company’s founder, COO and president, Greg Schwartz, said the ‘Big Facts: 2024 Trends’ report gave an...