Resale 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…
Rebag 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…
Adidas 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…
Luxury 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,…
H&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…
Second-hand fashion sales hit £187m on Ebay as “sustainable” searches skyrocket
Pre-owned fashion sales hit £187 million on Ebay over the last year as searched for “sustainable” fashion items skyrocket. Re-sale fashion sales have grown 15 per cent over the past…
Depop opens first UK retail space with Selfridges
London-based fashion resale app Depop has opened its first retail space in the UK, after partnering up with Selfridges. Depop has taken over the luxury department store’s Designer Studio up…
Resale app usage skyrockets over 100% thanks to savvy young users
Nearly a quarter of 18 to 24-year-olds have sold clothes via resale apps as usage of platforms like Depop and Vinted skyrockets. According to new research from the Fashion Retail…
Farfetch launches handbag resale pilot Second Life
Online luxury fashion retailer Farfetch is set to launch a new resale platform, aiming to capitalise on the increasingly lucrative pre-owned luxury market. Its new pilot Second Life will allow…