When Grace Han landed her first fashion gig as director of social impact at Faherty, it came with an unexpected second title: chief executive of …
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Resale
Branded Resale Provider Trove Acquires Recurate, a Competitor in the Space
Trove, the resale operator for brands including Patagonia and Levi’s, has acquired Recurate, another branded resale platform, the companies announced Tuesday. Terms of the deal …
Bloomingdale’s Taps Rebag as its New Resale Partner
Bloomingdale’s customers will now be able to shop from a selection of pre-owned luxury handbags, watches and fine jewellery, courtesy of online reseller Rebag, the …
How the Korean Resale Market Is Evolving
The rapid proliferation of e-commerce in South Korea — thanks in part to the high distribution rate of smartphones — is directly impacting shopping behaviour. …
Profitability Hurdles Haven’t Slowed the Growth of Resale
Online resale may not be the most profitable sector, but it is attracting shoppers. Last year, the total value of merchandise sold on resale platforms in …
DHL Launches Branded Resale | BoF
A major international logistics player has entered the resale arena. Germany-based DHL has partnered with resale-as-a-service firm Reflaunt, which creates branded resale services for clients …
The Sneaker Resale Market Is Broken
Last fall, two of Europeâs largest sneaker marketplaces, Netherlands-based Restocks and Franceâs Kikikickz, filed for bankruptcy. To the casual observer, their failure appeared to come …
What Chanel’s Resale Win Means for the Market
Chanel has built one of the world’s most valuable luxury brands in part by maintaining strict control over the way its products are distributed. The …
Amazon Europe Launches Resale with Hewi
Pre-owned fashion platform Hardly Ever Worn It, or Hewi, has launched a storefront on Amazon Europe, the e-commerce giant announced Tuesday. While Amazon customers in …
Off-Price Retailer Brand Alley Has Acquired The Edit Ldn, a Sneaker Resale Platform
Limited edition sneaker and streetwear marketplace The Edit Ldn has sold a majority stake to UK-based off-price fashion retailer Brand Alley, after experiencing cash flow …
Could This Tech Start-Up Be the Next Big Thing in Resale?
Ever heard of girl math? The concept is simple. Say you’re contemplating a Loewe bucket bag. The price tag may be a hefty $2,550, but …
Resale Won’t Fix Fast Fashion’s Sustainability Issues
Peer-to-peer resale app Depop has become a hot destination for Gen-Z consumers on the hunt for cute, reasonably priced pre-loved finds. But some have been …
Luxury Resale Platform Cudoni Shuts Down
The London-based start-up said the current economic climate had made it “impossible” to continue doing business. In a statement on the company’s website, the luxury …
H&M Expands Resale Platform to the US
Nearly two years after launching its resale platform in Canada, fast fashion brand H&M has its sights set on the US market. The Swedish retailer …
How Brands and Retailers Are Shaping the Resale Experience
Download the full Brand Resale Index 2023 to discover Trove’s benchmark of the fashion industry’s progress in resale. Resale as an industry is growing — …
How to Choose a Resale Partner
The American boutique chain Francesca’s took its time getting into the secondhand clothing business. The private equity-backed retailer spent nearly a year considering different resale …
BoF Insights | Can a New Investment Help eBay Build Luxury Resale Street Cred?
EBay has not been shy about its ambition to capture more of the luxury resale market. But while the Silicon Valley company is widely considered …
EBay Invests in Luxury Resale Platform Cudoni
The UK-based luxury resale company announced the £7.5 million ($9 million) raise Monday. EBay’s venture arm participated in the funding round, while Cudoni also raised …
J.Crew Launches Resale Site | BoF
In partnership with ThredUp, the American retailer now offers customers a way to buy and sell pre-worn J.Crew products online, the company announced Tuesday. Dubbed …
The BoF Podcast: Stadium Goods’ John McPheters on the Streetwear Resale Opportunity
In December 2018, luxury e-commerce platform Farfetch acquired sneaker and streetwear marketplace Stadium Goods for $250 million, a key player in the new wave of …