ReCommerce

Rebag’s AI Solution Brings Transparency, Confidence To Luxury Resale Market
Rebag’s AI Solution Brings Transparency, Confidence To Luxury Resale Market
April 21, 2021  |  Retail

If you were poised to spend $1,000, $2,000 or even $5,000 or more on a secondhand designer purse, you’d want to be pretty darn sure...

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lululemon Joins Secondhand Clothing Trend With ‘Like New’ reCommerce Unit
lululemon Joins Secondhand Clothing Trend With ‘Like New’ reCommerce Unit
April 20, 2021  |  Retail

Six months after the rollout of its sweeping corporate sustainability agenda, the yoga and athletic apparel retailer lululemon has unveiled its first-ever venture to resell...

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Poshmark Announces Net Revenue Of $69.3 Million For Q4
Poshmark Announces Net Revenue Of $69.3 Million For Q4
March 12, 2021  |  Earnings

Poshmark, the social market for new and secondhand style, has announced net revenues of $69.3 million for the fourth quarter of last year, according to...

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RealReal Takes Earnings Hit; reCommerce Outlook Still Bright For 2021
RealReal Takes Earnings Hit; reCommerce Outlook Still Bright For 2021
February 23, 2021  |  eCommerce

By the numbers, reCommerce has had a split decision in 2020. On one side, the pandemic has hurt companies like The RealReal that have included...

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IKEA To Buy Back And Resell Shoppers’ Used Furniture
IKEA To Buy Back And Resell Shoppers’ Used Furniture
October 14, 2020  |  Retail

As part of its goal to become “a fully circular and climate-positive business” by the turn of the next decade, IKEA plans to buy back...

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Wardrobe: Recommerce Meets The Sharing Economy In Bid To Become The ‘Airbnb of Fashion’
Wardrobe: Recommerce Meets The Sharing Economy In Bid To Become The ‘Airbnb of Fashion’
September 08, 2020  |  Retail

The reCommerce business has met the sharing economy. That’s the oversimplified view of the business model adopted by Wardrobe, a new kind of peer-to-peer fashion...

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