Re-commerce news and archive
Harvey Nichols partners with Reflaunt on luxury resale service
Harvey Nichols is the latest retailer to offer re-commerce after announcing a luxury resale service in partnership with Reflaunt. Launching on August 26, the Reflaunt Resell Service at Harvey Nichols will allow customers to resell bags and any luxury piece in their wardrobe including fashion, accessories and watches. Sellers will earn up to 80...
9 Aug 2021
The North Face launching circular re-commerce platform
Outdoor brand The North Face is transforming into a circular business model with the launch of a new circular e-commerce platform that will re-sell, repair and recycle clothing to keep it out of landfill. The circular re-commerce platform, The North Face Renewed, will launch as a pilot scheme in Germany on May 4. The initiative will not only...
22 Apr 2021
The Opportunity Of Resale As A Service. What Are Retailers Waiting For?
Today, vintage and resale are becoming an established and formal element of the fashion industry. A recent report indicated that resale has grown 21x faster than traditional retail over the past three years. By 2023, the market is set to reach $51bn, growing at an annual projected rate of 16%. In 2020 the market beat those projections, with...
22 Feb 2021