Resale news and archive

Zara names Stripe as payments partner for resale platform

Stripe, a financial infrastructure platform for businesses, has been selected as Zara’s payments partner to process all payments for the retailer’s pre-owned clothing marketplace, Zara Pre-Owned. In a statement, Zara said it will use Stripe Connect to move funds between buyers and sellers of pre-owned Zara products. The multi-payment...

Fashion

DVF launches ‘ReWrap’ resale programme

Womenswear brand DVF (Diane Von Furstenberg) has launched the ‘ReWrap’ resale programme in partnership with technology company Archive, which powers customised resale for leading fashion and apparel brands, including Oscar de la Renta, The North Face, and Sandro. The ‘ReWrap’ resale programme allows customers to shop archival DVF designs, as...

Business

Sneaker resale platform Wethenew secures 20 million euro funding

Wethenew, a resale platform for authenticated sneakers and streetwear, has announced the closing of a 20 million euro Series B funding round. The later stage venture capital is the third fundraising the company has secured since its launch in 2018 and comes less than two years after its previous round, when it snapped up 10 million euros. The...

Background

Tips for building a more sustainable wardrobe

In this background story, FashionUnited gives you tips on how to create a more sustainable wardrobe - or if you’re a retailer, how to advise consumers about more sustainable fashion. Contents • How to build a more sustainable wardrobe • Still want something new? Consider renting clothes, or buying second-hand • Would you rather buy brand new...

Business

Web3 sneaker resale platform MetaZ secures one million dollar investment

US-based MetaZ Holdings has announced it has attracted a Series A Investment from Pinewood Capital to support its Web3 sneaker resale platform. The company operates Meta[Z], a marketplace where sneakers are traded in the form of a non-fungible token (NFT), allowing their owners to trade collectable sneakers without damaging them or needing to...

Business

Fashion and sustainability in April 2023

April has been the most active and promising month so far this year in terms of sustainability in the fashion industry. It was marked by Earth Day on 20th April, Fashion Revolution Week, which commemorated the tenth anniversary of the Rana Plaza building collapse in Bangladesh on 24th April 2013, and the World Retail Congress in Barcelona from...

Retail

Asket to unveil new resale and repair store concept in Sweden

Swedish brand Asket is set to bring resale and repair to a physical store in Sweden, as an expansion of its circular Revival Programme dedicated to extending the life of its garments. Located in Stockholm, the Asket Restore will house reconditioned garments that have been collected and repaired by Asket’s partnering facility near Gothenburg....

Retail

WGACA launches vintage resale pop-up dedicated to Karl Lagerfeld

Luxury pre-owned luxury and vintage retailer What Goes Around Comes Around (WGACA) has opened a new shoppable retrospective dedicated to the career of Karl Lagerfeld in New York. The new 5,000-square-foot Karl Lagerfeld Retrospective retail concept on Wooster Street in SoHo is open until June 4. It features vintage ready-to-wear designs and...

Business

Sam Edelman launches resale programme with Archive

Footwear brand Sam Edelman has unveiled a new resale programme for its products created in partnership with tech platform Archive. Dubbed ‘ReLove’, the peer-to-peer platform will allow customers to list their preloved Sam Edelman shoes for sale on a designated page via the brand’s existing website. Through the technology, customers will be able...

Business

Ebay introduces new programme for certified pre-loved luxury

Marketplace giant Ebay has launched a new programme that will see it partner directly with brands to widen its selection of coveted and collectible luxury goods. ‘Certified by Brand’ hopes to encourage designers and luxury brands to scale their resale efforts, offering a platform for consumers to purchase authorised pre-loved goods that are...

Business

Resale platform Cudoni closes its doors

Resale platform Cudoni has announced that it has made the decision to shutter its business after being hit by the “current climate” in the UK. Its closure comes just three months after the company raised a significant 7.5 million pounds in a funding round led by marketplace giant Ebay’s venture arm and existing investors. The platform, which was...

Business

Ebay expands authenticity programme to kids sneakers

Resale marketplace Ebay has expanded its Authenticity Guarantee programme in the UK to kids footwear, in line with growing demand for sneakers on the site. Akin to its already existing initiative, a team of sneaker authenticators will vet and verify the most popular brands of pre-loved children’s sneakers that are over 100 pounds on the...