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...
Nov 29, 2018
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....
Oct 30, 2018
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...
Aug 12, 2018
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...
Jul 27, 2018
