ThredUP news and archive

ThredUp reports 20 percent revenue growth for full year 2025

ThredUp, the US-based online resale platform, has released its financial results for the fourth quarter and the full fiscal year ended December 31, 2025. The company reported a 20 percent increase in full-year revenue, reaching 310.80 million dollars, supported by significant gains in active buyers and a strategic shift toward premium...

Member

Business

ThredUp rebrands to align with growing secondhand market

Resale platform ThredUp has unveiled a new brand identity to help it align with the growing prominence of secondhand showing and the evolving consumer. The rebrand itself particularly pertains to ThredUp’s consumer-facing operations, which are now defined by a cleaner, more elevated look for the modern shopper. At the core is a new ‘infinity’...

Fashion

Farm Rio launches resale programme

Brazilian fashion and lifestyle brand Farm Rio is joining the secondhand marketplace with the launch of its first resale programme called ‘Farm Rio Closet to Closet’. The programme, which aims to keep wearable garments out of landfill, is being powered by ThredUp and Poshmark and will initially be available in the US only, with the brand stating...

Member

Business

ThredUp reports ‘record’ quarterly revenue, raises full year outlook

Resale platform ThredUp reported a “record” quarterly revenue for the first quarter ended March 31, 2025. With this, the company said it would be raising its full year outlook as it continued to drive improvements in its product experience, CEO James Reinhart said. Over the period, revenue reached 71.3 million dollars, a 10 percent...

Fashion

America’s resale market poised to gain amid tariffs

As the U.S. administration ramps up tariffs on imported goods, the fallout for global fashion is already becoming apparent. From European luxury houses to Chinese fast fashion giants, industry players are bracing for squeezed margins, disrupted supply chains, and dampened demand from increasingly cost-conscious American consumers. The new wave...

Featured

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...

Member

Business

ThredUp's Q4 results exceed expectations

Online resale platform ThredUp said in a preliminary results statement that fourth quarter revenue, gross margin and adjusted EBITDA margin are above previously issued guidance for the United States. The company recorded total revenue of 66.7 million dollars to 67.2 million dollars in the US versus the previous expected range of 58 million...

Member

People

Danielle Vermeer to join ThredUp as head of social commerce

Online resale platform ThredUp has appointed fashion tech executive, Danielle Vermeer, to the newly created role of head of social commerce, effective January 2025. The company said, Vermeer will spearhead ThredUp's efforts to make resale more engaging and accessible to a wider audience through innovative shopping experiences. Commenting on the...

Member

Business

ThredUp Q3 revenues decline by 11 percent

ThredUp third quarter revenue of 73 million dollars, decreased by 11 percent, while US revenue of 61.5 million dollars, decreased by 10 percent year-over-year. Net loss widened to 24.8 million dollars, while net loss in the US was 9.9 million dollars. Adjusted EBITDA loss was 2.5 million dollars and adjusted EBITDA in the US was 0.7 million...

Member

Business

Second-hand fashion platform Thredup leaves Europe

Second-hand platform Thredup is calling it quits in Europe. The company has announced it is withdrawing from the market, according to a statement. ThredUp, Inc. says it is considering “strategic alternatives” for its European arm. The move is notable given that ThredUp hired a new general manager for Europe in May. The platform entered the...

Member

People

ThredUp appoints Tapestry executive Noam Paransky to its board

ThredUp has appointed Tapestry's chief omni and innovation officer Noam Paransky to the company’s board of directors. With more than 25 years of experience in digital retail innovation and omnichannel strategy, Paransky will advise ThredUp as the company transforms its business from a legacy resale marketplace to an AI-powered resale...

Member

People

ThredUp appoints new GM for Europe amid expansion

ThredUp has announced the appointment of Florin Filote as the general manager of its European business, a move that comes amid an ongoing expansion in the region for the resale platform. In the position, Filote has been tasked with leading ThredUp’s European operations, which currently covers nine countries in Central and Eastern Europe. He...