All Secondhand market articles
-
ArticleSellpy grew 35% in 2024 but is unprofitable
The Swedish online company increased its turnover to €160 million in 2024, but at the same time, the company’s losses increased.
-
Infographics & DataThe rise of secondhand shopping and repair in 2023
Consumers in 2023 pivot to secondhand goods and repair services, championing sustainability while navigating economic pressures. This focused insight reveals a growing trend that’s reshaping consumer spending and driving the demand for longevity and environmental responsibility in all products.
-
ArticleHow to price for resale: Insights from Globetrotter and 2nd Peak
Two different retailers share insights into how they approach the pricing of pre-loved items, with tips for any brand thinking of adopting resale.
-
C-Suite InterviewSecondhand: The balance of pricing between buying and selling
The secondhand retailer must balance seller and buyer when it comes to pricing. Reverse.Supply CEO explains how they find the right price.
-
ArticleAll Good Things closes Series A financing, plans to expand UK store network
All Good Things, a UK-based independent retailer founded in 2019 selling exclusively used, torn or repaired clothing, announced that it has received a £2.5 million (€2.93m) equity investment. The funding was provided by Souter Investments in conjunction with a broad range of experienced former retail employees, including Ben Barnett (former ...
-
News briefsBrooks enters resale market with ReStart program
Brooks Running has launched a new program reselling refurbished used Brooks footwear in the U.S.. The ReStart program will sell “lightly used” running shoes at three quality levels: “Like New,” “Great,” or “Good” condition. The move is part of Brooks’ sustainable consumption strategy in support of the United Nations Sustainable ...
-
Case StudyHow StockX learnt from its competitors and became a sneaker resale giant
We examine how a unique sales model, learning from its competitors, and ensuring authenticity brought success to the sneaker resale platform StockX.
-
News briefsSneaker re-selling platform WeTheNew announces €20 million capital funding round
French-based limited-edition sneaker re-selling platform WeTheNew has announced a €20 million capital funding round. The Series B funding round was led by C4 Ventures, along with Singular – the company’s historical investor – the investment arm of Chalhoub Group, Chalhoub Ventures & Acquisitions, and also supporting the venture is French ...
-
News briefsBlockchain and NFT sneaker trading marketplace secures $1 million investment
MetaZ Holdings, the owners of the Korean-based sneaker trading marketplace Meta[Z], has announced a $1 million Series A Investment from Pinewood Capital. On the Meta[Z] marketplce, sneakers are traded in the form of NFTs. The platform provides a service called Custody, which receives and stores sneakers in exchange for NFTs, ...
-
News briefsSecond-hand isn’t second best, says Unidays fashion report 2023
Unidays, a digital marketplace for student discounts and a networking platform, has conducted a new study among 3,279 of its (27 million worldwide) users in the U.S., U.K., and Australia. As Unidays is a student-only offering, the company connects with a purely Gen-Z target group. The Unidays Fashion Report 2023 ...
-
News briefsCanada Goose launches U.S. resale platform powered by Trove
Trove, a service provider that powers the secondhand stores of Patagonia, Lululemon, REI, Arc’teryx, On and Allbirds, is now also the partner for Canada Goose’s new authorized reselling platform: Canada Goose Generations. Consumers can trade in their used Canada Goose products online, for assessment and authentication. Canada Goose will compensate ...
-
ArticleAthleta partners with thredUP and Shop Premium Outlets to offer new online shopping experiences
Athleta, The Gap, Inc.-owned women’s active and wellness brand, has announced a new partnership with thredUP and an online collaboration with Shop Premium Outlets, both in the U.S. and supporting Athleta’s long-term growth strategy to reach new customers and expand its community of “empowered women and girls.” Athleta launches ...
-
News briefsBarooders raises €2.2m in new funding round
Barooders, a French marketplace for second-hand sporting goods, has announced its latest round of funding, which amounts to €2.2 million. Investors include tennis player Stan Wawrinka and Kima Ventures. Barooders was founded by Edwige Michau and Geoffroy D’Autichamp in October 2021.
-
ArticleE-Commerce: Secondhand marketplaces on the rise
Cross-border marketplaces are developing fast, and the C2C trend is one of the drivers.