Three trends shaping the global fashion resale market in 2025
A GlobalData report titled 'Global Apparel Resale Market to 2028' suggests that as the resale market becomes more established and…
ThredUp Inc
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ThredUp to exit Europe amid 18% Q2 revenue drop in region
ThredUp announced in its Q2 results it is evaluating strategic alternatives for its European business and intends to leave the…
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Secondhand style will make up 10% of market in ‘seismic shift’ for sector
The global secondhand apparel market will be worth $350bn by 2028 and will comprise 10% of the fashion market worldwide…
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Signal: ThredUp’s financial results reflect ever-growing resale market
US online thrift store ThredUp reported a quarterly revenue of $82m for its third quarter 2023, representing an increase of…
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H&M, thredUP coalition pressure US environment agency to combat textile waste
The coalition, known as the American Circular Textiles Group (ACT), includes Swedish fashion retailer H&M, rental ecommerce platform Rent The Runway,…
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Calls for US legislation to fill ‘gaps’ in circular fashion
The American Circular Textiles (ACT) group has published its first whitepaper in the hope of identifying strategic bipartisan public policy…
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American Eagle Outfitters, thredUP team on digital resale shop
American Eagle Outfitters (AEO) and thredUP team up to launch “RE/AE”, a digital resale shop of secondhand and exclusive vintage…
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Secondhand apparel market soaring as awareness improves – report
A 2023 Resale Report published by online resale platform ThredUp shows that sustainability is a top five motivator for Generation…
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Tommy Hilfiger launches US resale programme
Tommy Hilfiger has partnered with online resale platform ThredUp to introduce the new 360-resale programme which gives US-based consumers the…
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New policy group to advance textile circularity in US
The newly formed American Circular Textiles (ACT) policy group, was spearheaded by Circular Services Group (CSG) and Resource Recycling Systems…
