Brazilian fashion and lifestyle brand Farm Rio is joining the secondhand marketplace with the launch of its first resale programme called ‘Farm Rio Closet to Closet’. The programme, which aims to keep wearable garments out of landfill, is being powered by ThredUp and Poshmark and will initially be available in the US only, with the brand stating...
Jul 9, 2025
Vintage retailer Beyond Retro is bringing its offering to the US for the first time. The London-based clothing store chain has partnered with American resale platform ThredUp to roll out a collection in the region. With this, ThredUp has launched 17,000 vintage and vintage-inspired pieces curated in collaboration with Beyond Retro on its site,...
May 8, 2025
Resale platform ThredUp reported a “record” quarterly revenue for the first quarter ended March 31, 2025. With this, the company said it would be raising its full year outlook as it continued to drive improvements in its product experience, CEO James Reinhart said. Over the period, revenue reached 71.3 million dollars, a 10 percent...
As the U.S. administration ramps up tariffs on imported goods, the fallout for global fashion is already becoming apparent. From European luxury houses to Chinese fast fashion giants, industry players are bracing for squeezed margins, disrupted supply chains, and dampened demand from increasingly cost-conscious American consumers. The new wave...
Apr 22, 2025
The global secondhand apparel market is on an unprecedented growth trajectory, set to reach 367 billion dollars by 2029, according to ThredUp’s annual Resale 2025 report. This sector is expanding at a pace 2.7 times faster than the broader global apparel industry, reflecting a seismic shift in consumer behavior and retail strategies. In 2024...
Mar 20, 2025
Online resale platform ThredUp said in a preliminary results statement that fourth quarter revenue, gross margin and adjusted EBITDA margin are above previously issued guidance for the United States. The company recorded total revenue of 66.7 million dollars to 67.2 million dollars in the US versus the previous expected range of 58 million...
Jan 15, 2025
Online fashion resale marketplace ThredUp has revealed that today it entered into a legally binding deal to divest its European business, Remix, in a management buyout led by the general manager of Remix, Florin Filote. The divestiture was finalized at the same time the agreement was signed. According to the agreement, ThredUp retains a minority...
Dec 3, 2024
Online resale platform ThredUp has appointed fashion tech executive, Danielle Vermeer, to the newly created role of head of social commerce, effective January 2025. The company said, Vermeer will spearhead ThredUp's efforts to make resale more engaging and accessible to a wider audience through innovative shopping experiences. Commenting on the...
Nov 13, 2024
ThredUp third quarter revenue of 73 million dollars, decreased by 11 percent, while US revenue of 61.5 million dollars, decreased by 10 percent year-over-year. Net loss widened to 24.8 million dollars, while net loss in the US was 9.9 million dollars. Adjusted EBITDA loss was 2.5 million dollars and adjusted EBITDA in the US was 0.7 million...
Nov 7, 2024
Second-hand platform Thredup is calling it quits in Europe. The company has announced it is withdrawing from the market, according to a statement. ThredUp, Inc. says it is considering “strategic alternatives” for its European arm. The move is notable given that ThredUp hired a new general manager for Europe in May. The platform entered the...
Aug 5, 2024
Online fashion resale platform ThredUp has published its third annual impact report, which offers a broad view of the company’s environmental, social, and governance (ESG) strategy. In its latest report, ThredUp highlights its progress on its corporate ESG initiatives for 2023, focusing on 12 key areas where it can make the most impact, based on...
Aug 2, 2024
ThredUp has appointed Tapestry's chief omni and innovation officer Noam Paransky to the company’s board of directors. With more than 25 years of experience in digital retail innovation and omnichannel strategy, Paransky will advise ThredUp as the company transforms its business from a legacy resale marketplace to an AI-powered resale...
Jun 26, 2024