Valuence Holdings has announced it has joined the Ellen MacArthur Foundation’s Network, to demonstrate the group’s commitment to the strengthening of the circular economy. The Japan-based firm, which operates in a multitude of business categories including retail, real estate and technology services, has adopted ‘resue’ as one of its core...
Jan 14, 2022
Resale marketplace The RealReal has released its newest Luxury Consignment Report for 2022, unveiling a number of emerging trends and behaviours among resale customers and the market itself. The report, which utilises data from the platform’s 24 million members, displays evidence of growing resale opportunities among every generation, as more...
Jan 13, 2022
As resale continues to grow, more and more retailers are beginning to explore the market and investigating ways to fit the system into their brand. Recurate, a circular economy tech company, has revealed two more players joining the resale game in the US: footwear companies Steve Madden and Dolce Vita. Each retailer will be home to peer-to-peer...
Resale platform Vestiaire Collective has opened a UK-based authentication and logistics centre to deliver on consumer demand for second-hand clothing, a market that has been “stifled by Brexit”. The company’s new operations hope to deliver a “Brexit-proof experience”, offering a reduction in lead times and delivery fees for UK customers. In a...
The second pandemic year made it clear that sustainability is a must; the industry needs to renew and innovate. 2021 saw a number of collaborations, initiatives and commitments that will continue in 2022 and beyond. What is needed now is real change and goals that work towards it in the long term and seriously; it is too late for empty promises....
Dec 31, 2021
While December was characterised by holiday shopping and some pandemic-related restrictions to it, the industry’s sustainability efforts went on unhindered. There were combined initiatives to reduce an impact on the environment but also in terms of making sustainability more accessible. On the product front, recycled collections took the...
Dec 29, 2021
Last week saw the release of And Just Like That, a reboot of HBO’s comedy series, Sex and the City, which ran for six seasons from 1998 to 2004, won four Emmy awards and spawned two movies. Today sees the launch of a special shopping partnership between the costume designers of And Just Like That, Molly Rogers and Danny Santiago, and ThredUP,...
Dec 16, 2021
Outerwear and equipment design company Arc’teryx are set to launch an exclusive archival capsule in partnership with the luxury marketplace, Grailed. The digital-only release will involve 7 archival pieces from past collections dating back to 2001, which have been fully restored through Arc’teryx’s ReBird programme. Items will be sold at their...
Dec 14, 2021
Fashion trade-in service and tech platform, Bewearcy, has announced it is expanding into the US as part of its international growth plan, with the signing of new fashion brands 12 Storeez and United Colors of Benetton. According to the company, it projects huge market opportunities within the US, stating that secondhand apparel in the region is...
Dec 13, 2021
A study carried out by Cross-Border Commerce Europe has found that Vinted is now the number one second-hand marketplace in the EU and the UK, overtaking Ebay. Results for the ‘Top 100 Cross-Border Sustainable Marketplaces operating in Europe’ are based on sustainability data from the best performing marketplaces across all platform types, with...
Dec 10, 2021
November was characterised by important events like COP26 but there were also collaboration initiatives galore: between brands, between brands and material innovators, between brands and platforms and many more - the sky seemed the limit this month. Resale is still hot as many new ventures prove. Read on as FashionUnited highlights 63...
Dec 9, 2021
Luxury fashion platform Farfetch has announced it has acquired resale site Luxclusif for an undisclosed amount, further extending its footprint in the resale sector. The acquisition will see both Luxclusif’s technology platform and team join the Farfetch group. The B2B service enables the authentication and sale of second-hand luxury goods to...
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