With consumers increasingly expecting to be able to get anything they want, when they want it, bridal retail is picking up the pace, according to Kleinfeld Bridal, the wedding retailer from TLC’s “Say Yes to the Dress.” In an interview with PYMNTS, Co-owner Ronnie Rothstein...
Bridal retailer Kleinfeld Bridal has introduced an online marketplace for pre-owned wedding dresses. KleinfeldAgain.com, announced Tuesday (June 18), is designed to address the “growing consumer movement toward circular fashion,” the company said, while meeting the needs of the bride “who doesn’t seek the traditional bridal...
With young shoppers increasingly seeking more social shopping experiences across digital and physical channels, Poshmark is turning to virtual, live events to generate enthusiasm and engagement. The resale marketplace announced Thursday (June 13) the launch of Posh Party LIVE, a real-time virtual event centered on...
As consumers turn to secondhand shopping options to manage their budgets amid inflation, millennials are leading the way. By the Numbers For the January edition of the “Consumer Inflation Sentiment Report,” titled “Consumers Shop Secondhand Stores as Often as Other Retail,” PYMNTS Intelligence conducted a...
June 28, 2024
With consumers increasingly expecting to be able to get anything they want, when they want it, bridal retail is picking up the pace, according to Kleinfeld Bridal, the wedding retailer from TLC’s “Say Yes to the Dress.” In an interview with PYMNTS, Co-owner Ronnie Rothstein and Consulting Chief Marketing Officer Jennifer Shipe described how consumers’ […]
March 06, 2024
As consumers’ budgetary pressures prompt them to seek lower-priced options, many digital resale platforms are seeing growth, but eCommerce has a long way to go when it comes to driving...
January 09, 2024
Luxury resale tends to be dominated by consignment platforms. Sites like The RealReal buy designer clothes, bags and jewelry, and then mark the prices to a level that will move...
November 23, 2023
As inflation takes its toll on consumer spending, luxury consignment stores are grappling with the effects, witnessing a notable increase in the challenges associated with high-end fashion. The RealReal is...
July 03, 2024
While more people are embracing the idea of buying and selling secondhand clothing, companies specializing in selling these items are reportedly facing challenges in turning a profit. The U.S. secondhand apparel market was valued at approximately $43 billion in 2023, The Wall Street Journal (WSJ) reported Wednesday (July 3), citing data from online apparel reseller […]
June 18, 2024
Bridal retailer Kleinfeld Bridal has introduced an online marketplace for pre-owned wedding dresses. KleinfeldAgain.com, announced Tuesday (June 18), is designed to address the “growing consumer movement toward circular fashion,” the...
June 03, 2024
Shein has begun extending its resale platform to France, the United Kingdom and Germany. The platform will be expanded in phases. It is now available in France and will be...
February 26, 2024
Mobile eCommerce platform Wish has launched a new trade-in program for old technology. Beginning next month, customers in certain parts of Europe can trade in devices such as smartphones, laptops and tablets in return...