second-hand Archives - Latest Retail Technology News From Across The Globe

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.

Luxury resale platforms actually help luxury retailers, here’s how

October 16, 2019

BCG, Boston Consulting Group, Luxury, pre-owned, resale, second-hand, Vestiaire Collective

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 is launching a clothing rental service enabling shoppers to hire selected party dresses and skirts from its sustainable range.

H&M buys majority stake in resale giant Sellpy

October 11, 2019

Ben Stevens

News, Sustainable Tech

CO:LAB, fashion, H&M, resale, second-hand, Sellpy

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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…

Ebay is set to launch a “buy now pay later” scheme next year as it partners with payments giant Afterpay.

Second-hand fashion sales hit £187m on Ebay as “sustainable” searches skyrocket

September 5, 2019

Ben Stevens

Ecommerce, News, Sustainable Tech

Ebay, fashion, resale, second-hand, sustainable

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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…

Farfetch shares rise 15% after tumultuous week of results

Farfetch launches handbag resale pilot Second Life

May 13, 2019

Ben Stevens

Ecommerce, News

Dream Assembly, Farfetch, resale, Second Life, second-hand, Upteam

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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…

second-hand

Luxury resale platforms actually help luxury retailers, here’s how

H&M buys majority stake in resale giant Sellpy

Second-hand fashion sales hit £187m on Ebay as “sustainable” searches skyrocket

Farfetch launches handbag resale pilot Second Life

Just un-do it: The risks of Nike cutting ties with Amazon

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