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Zalando is expanding its pre-owned resale platform Zircle to two new markets as it continues efforts to establish a foothold in the growing global second-hand market.
The online fashion giant…
Read MoreRebag launches new AI handbag recognition tech allowing users to get instant valuations with just a picture
Rebag has launched a new AI-powered image recognition technology which can instantly determine the resale value of luxury handbags.
‘Clair AI’ has been launched as an extension of the luxury…
Read MoreLevi’s launches resale platform offering users $25 for their old jeans
Levi’s has become the latest fashion retailer to launch its own resale platform allowing customers to sell their old jeans back to the brand. Levi’s Secondhand launched this week, offering…
Read MoreCos to launch its own-branded online resale platform “Re-sell”
H&M’s subsidiary Cos is launching a digital resale platform allowing shoppers to sell and buy used clothing in a major sustainability push.
Cos is set to launch its new “Re-sell”…
Read More70% of consumers would now shop secondhand as resale market set to hit $64bn by 2025
The resale clothing market is set to more than double to $64 billion in the next five years as more shoppers are willing to buy second hand.
Over two thirds…
Read MoreResale platforms set for sales boon this Christmas
Resale platforms like Ebay and Etsy are set to receive a sales boon this Christmas as an uncertain economic climate drives shoppers towards second-hand goods.
Nearly 90 per cent of…
Read MoreRebag launches worlds first instant appraisal app for luxury handbags
Rebag has launched the world’s first AI-powered instant appraisal app allowing users to pinpoint the resale value of their goods immediately.
Clair, the luxury handbag resale giant’s new feature, has…
Read MoreAdidas offers gift cards for old clothes as it launches “Infinite Play” programme
Adidas has become the latest retailer to launch a trade-in programme offering shoppers gift cards and loyalty points for their old clothes.
“Infinite Play” has been launched in partnership with…
Read MoreLuxury resale platforms actually help luxury retailers, here’s how
The second-hand luxury resale industry is set to represent nearly 10 per cent of the entire luxury market by 2021, as the pre-owned boom continues to cannibalise primary retailers.
However,…
Read MoreH&M buys majority stake in resale giant Sellpy
H&M has become the latest fashion retailer to invest in a resale platform as it becomes the majority shareholder in Sellpy.
Sellpy, a Swedish fashion resale company which launched in…
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