ThredUP news and archive

Kardashians drive buyers remorse, ThredUp report says

According to new research, buying holiday gifts from Everlane is a wise purchase and shopping from Kardashian Kollection is not. As consumers fill shopping carts with discounted items and scour the internet for sales, secondhand online marketplace ThredUp is gearing up for an influx of unwanted clothing gifts following the holiday season. In its...

Fashion

ThredUp launches a sustainable line to extend the lifespan of clothing

ThredUp, the largest online thrift marketplace to buy and sell secondhand clothing, has launched its first clothing line. The digital retailer was founded in 2008 with the intention of making peer-to-peer online sharing more accessible, and aims to make the secondhand clothing market more popular through changing how consumers view used items....

Management|ANALYSIS Featured

Online clothing and accessories re-sale attracts financiers’ attention

New York – Consumers’ habits have changed dramatically since the economic recession hit a decade ago. Online shopping has become the new normal, while more and more consumers turn into savvy thrifters. The result? Second-hand apparel sales are estimated to surpass 40 billion dollars by 2022. Consumers have increasingly turned to second-hand...

Business

ThredUp offers to resell Burberry’s unused goods and donate proceeds to charity

Burberry has come under fire after revealing it destroyed over 28. 6 million pounds (37.6 million US dollars) worth of unsold goods in the financial year 2017/2018 -- a desperate measure to avoid markdowns, which would hurt the brand’s image of luxury and exclusivity. The latest criticism has come from ThredUp, one of the world’s largest online...