Tired of proverbially picking their way through online resale marketplaces, consumers are looking for more streamlined secondhand shopping experiences that more closely resemble the ease and simplicity of buying new. In an interview with PYMNTS, Gayle Tait, CEO of Trove, a white-label resale platform for...
As ongoing economic pressures have consumers continuing to shop secondhand to save on retail spending, brands are looking to capture this growing opportunity through direct resale platforms. Resale operating system Archive announced last week via LinkedIn a partnership with footwear brand Dr. Martens on its new resale initiative, ReWair, through which the...
Before branded resale, third-party platforms like ThredUP, Vestiaire Collective, Poshmark and The RealReal dominated the pre-loved market — and fueled a global market value of $184 billion in 2022. The explosion of resale created a widespread adoption of peer-to-peer (P2P) selling and buying, extending the...
African FinTech platforms that connect investors to international markets are on the rise. Leading the charge are a handful of Nigerian startups that have built apps that allow retail investors to access stock markets and foreign asset classes in markets like the U.S. and elsewhere....
March 14, 2023
Before branded resale, third-party platforms like ThredUP, Vestiaire Collective, Poshmark and The RealReal dominated the pre-loved market — and fueled a global market value of $184 billion in 2022. The explosion of resale created a widespread adoption of peer-to-peer (P2P) selling and buying, extending the life of garments and accessories and addressing a major consumer […]
August 13, 2024
Branded resale company Trove has acquired Recurate, a “significant” player in its industry. “This acquisition underscores Trove’s commitment to making branded resale more accessible and easier to launch and scale for brands,” the company said in a Tuesday (Aug. 13) news release. The deal, Trove said, integrates its capabilities like store trade-ins, digital trade-ins, returns […]
February 17, 2022
Allbirds, an eco-friendly clothing and shoe brand, debuted its Allbirds ReRun resale platform Thursday (Feb. 17), a press release said. The release said the platform will operate in partnership with...
May 24, 2017
Moving and storing items like furniture and wall decor can be a somewhat painful process. In the $30 billion furniture storage industry, Uber’s former head of product Michael Pao has...