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Resale news and archive

Secondhand Buying and Selling Expands Customer Experience

As companies like the Real Real, 1st Dibs and DePop continue to make market share inroads when it comes to overall apparel and accessory sales, two key areas of conversation have emerged. One focuses on who has the right in a secondary market to sell certain brands. Most notably, Chanel has filed three lawsuits against The RealReal and 15 cease...

16 hours ago

Podcast

When the Past May Drive the Future

In this episode, “When the Past May Drive the Future” we explore how brands might expand lifetime customer engagement through the buying and selling of secondhand goods.

16 hours ago

Business

32 Sustainability efforts of the fashion industry in March 2021

In March, sustainability continues to be the new ‘must have’ of the fashion industry with brands collaborating with each other, retailers and tech or environmental companies. With products made from recycled materials, new sustainable innovations and ecological retail or resale concepts, they are hoping to stay ahead of the competition. This...

5 Apr 2021

Business

Building the business case for circular business models. Part 1: Resale

The potential of circular business models continues to grow in the apparel market—more and more rental and resale experiments and pilots are being launched and market growth is outpacing traditional retail. Nevertheless, for brands looking to design and launch a circular business model, there are many real and perceived barriers associated with...

18 Mar 2021

Fashion

Cudoni reports rise in men’s sales

Luxury fashion resale brand Cudoni is targeting men with a new campaign after reporting that increased interest in men’s resale has helped it achieve 400 percent year-on-year growth. Cudoni reports that three years ago, men made up just 20 percent of its site users, this has increased to 35-40 percent on a monthly basis. The resale platform adds...

17 Mar 2021

Business

33 Sustainability efforts of the fashion industry in February 2021

In February, sustainability seemed high on the agenda of fashion brands and retailers, with some like H&M, Mango and John Lewis announcing not one but multiple initiatives. Resale is also booming, with second hand initiatives, resale platforms and clothing swaps making inroads. This month, FashionUnited is highlighting 33 sustainable initiatives...

12 Mar 2021

Retail

Zalando expands resale platform Zircle to new markets

Zalando has expanded its pre-owned fashion platform Zircle to Sweden and Denmark as the demand for second-hand fashion continues to grow. Around half of Zalando’s customers in those markets said they would consider buying pre-owned fashion within the next six months, according to a survey by the German e-tail giant. “We are very excited to...

19 Feb 2021

Business

Resale platform Reflaunt raises 2.7 million dollars in new funding

Second-hand fashion platform Reflaunt has raised 2.7 million dollars in a pre-Series A funding round led by the investment arm of MadaLuxe Group. Reflaunt is a resale-as-a-service (RaaS) tech company allowing customers to resell or recycle their past purchases directly on the brands’ individual e-commerce platforms. The products are then offered...

18 Feb 2021

People

Trove appoints new president and chief operating officer

Resale company Trove has appointed former L’Oréal and Google executive Gayle Tait as its new president and chief operating officer to help accelerate its growth. Trove, which powers circular shopping for brands, including Levi’s, Patagonia, Eileen Fisher and Arc’teryx, confirmed the appointment following an impressive 2020, with the second half...

15 Feb 2021

Fashion

Big fashion brands back Bangladesh recycling scheme

Over 30 fashion brands and manufacturers have joined a new initiative to collaborate on cutting down textile waste and reusing materials to create new products in Bangladesh’s garments factories. The Circular Fashion Partnership announced this week that it is bringing brands such as H&M, OVS, Marks & Spencer, Berska, Pull & Bear, C&A, Kmart...

12 Feb 2021

Business

13 Sustainability efforts of the fashion industry in January 2021

With biodegradable and other more sustainable denim innovations, products and collections, the fashion industry’s efforts towards more circularity and a cleaner footprint continue in 2021. Young brands, such as Qwstion, the Swiss company making premium bags, forego traditional materials altogether and make the unusual work for them, in this case...

12 Feb 2021

Business

These were the sustainability efforts of the fashion industry in 2020

The year 2020 started harmless enough with several good sustainability initiatives, but they were soon overshadowed by the global Corona pandemic. From March onwards, with lockdowns and restrictions for brick and mortar stores selling non-essentials like clothing, accessories and shoes, it was more about the survival of many brands and retailers...

31 Dec 2020