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Tag: Resale

Resale market expected to be valued at $64 billion in 5 years

A ThredUp warehouse. Source: ThredUp Despite the coronavirus pandemic upending much of the retail industry and putting a damper on apparel sales, the secondhand clothing market is expected to boom, according to one online resale marketplace.  The secondhand apparel market is valued at about $28 billion today and is forecast to reach $64 billion within …

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How the resale revolution is reshaping fashion – video explainer | Global

We’re buying more clothes than ever, but it’s not all fast fashion. More than half of 25- to 34-year-olds buy secondhand or vintage clothes, and resale apps such as Depop, Stock X and Vestiaire Collective are tapping into the millennial and generation Z market. But if people are buying secondhand they’re not buying new. Grace …

How the resale revolution is reshaping fashion – video explainer | GlobalRead More

Nordstrom Introduces See You Tomorrow: A resale shop curated by Olivia Kim

Leading fashion retailer Nordstrom announced its latest creative projects initiative, See You Tomorrow, a new re-commerce experience launching on January 31, 2020. Powered by Yerdle, See You Tomorrow offers customers both an online resale site and an in-store shopping experience in the NYC Flagship store. Curated by Olivia Kim, Vice President of creative projects at …

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First Look: Nordstrom’s in-store resale shop

Nordstrom is the latest department store retailer to tap into one of retail’s fastest-growing markets: previously-owned clothes and accessories. Nordstrom has launched, See You Tomorrow, an online and in-store resale shop. Curated by Olivia Kim, VP of creative projects at Nordstrom, the shop features an edited, authenticated assortment apparel and accessories from highly coveted brands, the …

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CSA Exclusive: Resale retail giant ThredUp gains insight into unique items with AI

A popular omnichannel resale retailer is identifying “one-of-a-kind” product attributes – at scale. ThredUp, a digitally native apparel resale retailer that operates an online marketplace as well as in-store shops at Madewell, J.C. Penney, and Macy’s stores, has a constantly growing inventory of more than 3 million items. Karen Clark, VP of marketing and communications, …

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