Resale news and archive

Karhu launches US resale programme

Finnish athletic footwear brand Karhu has launched a US resale programme powered by Archive, the technology platform that powers resale businesses for more than 50 brands globally, including The North Face, Oscar de la Renta, New Balance, and Dr. Martens. The resale programme is called Karhu Renewed and has been designed to extend the lifecycle...

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Lucy & Yak launch PreLoved scheme online expanding buyback initiative

Indie lifestyle brand Lucy & Yak has expanded and rebranded its buyback scheme, which will now exist under the title ‘Pre-Loved’ and has become available via the company’s online store. The launch into e-commerce builds on an existing concept already available in stores, initially launched in 2023 as part of the brand’s wider Re:Yak initiatives....

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H&M Foundation supports Ellen MacArthur’s circular Fashion ReModel with$15 million

The H&M Foundation, the non-profit organization from the Swedish fashion giant, has given 15.4 million dollars to the Fashion ReModel, a demonstration project that seeks to offer viable commercial alternatives to producing new garments by showcasing how revenue can be generated through rental, repair, resale, and remake models. A philanthropic...

Fashion

How archival fashion fuels the resale boom

Luxury fashion has always had a symbiotic relationship with its past, drawing on archival designs to inform contemporary collections. However, the industry’s increasing reliance on nostalgia—often with little reinterpretation—has begun to reshape consumer behaviour in ways that may prove counterproductive. Every time a creative director is...

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Truss secures investment from FIGR Ventures

UK-based resale fashion tech start-up Truss, which is looking to revolutionise the fashion industry by powering resale with AI-enabled data infrastructure, has secured 300,000 pounds in investment from FIGR Ventures. In a statement, Truss said with the new 300,000-pound capital it has also secured critical match-funding to activate a 1.1 million...

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Shoppers to spend two billion pounds on secondhand gifts this Christmas

The secondhand market has already taken precedence over consumer priorities in recent years, and it seems that even into the festive season, the sector will continue to enjoy a favourable environment. In fact, according to new research by Vinted and Retail Economics, UK consumers are expected to spend over two billion pounds on secondhand gifts...

Fashion

StockX: Performance shoes on the rise, Asics and Puma continue to dominate

Online marketplace StockX has published its latest quarterly trend round up highlighting the movers and shakers of the 2024 resale market, from the top collaborations of the period to the most in demand sneaker silhouettes. In a release, the company’s founder, COO and president, Greg Schwartz, said the ‘Big Facts: 2024 Trends’ report gave an...

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Online wholesale platform Fleek raises 20.4 million dollars for expansion plans

Online platform for wholesale secondhand fashion Fleek has raised 20.4 million dollars in funding. This consists of a 14.8 million dollar Series A financing and a 5.6 million dollar seed round. The investment was backed by HV Capital, Andreessen Horowitz and Y Combinator, as well as investors such as Shopify chairman Harley Finkelstein and...

Retail|Opinion

The fashion collector: A buyer like any other?

With the rise of the secondhand market (six billion euro turnover in France in the ready-to-wear segment alone), a marked taste for the antique, the rare, and the unique has developed. In other words, vintage fashion has captured a wide audience that seems more drawn to the allure of collecting than to the dictates of trends. A growing number of...

People

Danielle Vermeer to join ThredUp as head of social commerce

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...

Background

The future of fashion: is less more?

A confession. My original research question was, “What if the fashion industry simply made less clothes?” (Over)production, reducing speed and seasons could be the answer to almost everything?!, was my thought process. As in: for sustainability in the clothing sector and more broadly: in the pursuit of a circular economy (see text frame below)....

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‘A circular economy for the textile industry offers opportunities, but also needs action’

A recent report looks at the chances and challenges of a circular textile industry in the Netherlands, thus providing interesting input for other countries as well. The report titled ‘Towards a Dutch Circular Textile Industry’ was published by Invest-NL, an investment company that finances sustainable and innovative projects. While a circular...