Retail TouchPoints

MARCH 1, 2023

Two new entrants into the world of resale, Carhartt and Hanna Andersson , serve very different consumer segments, but both are highlighting the same brand attribute with their resale programs — their products’ durability. The program will gather inventory from consumer trade-ins, customer returns and imperfect inventory.

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Inside Retail

DECEMBER 1, 2023

Power tool supplier Techtronic has been fined $15 million for resale price maintenance conduct in relation to Milwaukee branded products. The penalties are the highest imposed for resale price maintenance in Australia, according to the Australian Competition & Consumer Commission (ACCC).

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Retail TouchPoints

OCTOBER 30, 2023

There’s a chill in the air but resale remains hot, with major brands — including Crocs , Beyond Yoga , Tommy Hilfiger Men’s and Maje jumping into the circularity movement. Crocs Pilots Takeback Program in 10 States Crocs is piloting a Retail Takeback Program at its stores in 10 states.

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Retail TouchPoints

JUNE 20, 2023

REI Co-op will open a Re/Supply store dedicated to resale gear and apparel in Clackamas, Ore. All REI co-op members, including the 303,000 in the Portland market, have access to the Re/Supply program. All REI co-op members, including the 303,000 in the Portland market, have access to the Re/Supply program. in late August 2023.

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Retail TouchPoints

JULY 26, 2022

Eddie Bauer will move into resale beginning in August, when the outdoors retailer will begin accepting Eddie Bauer-branded apparel, footwear, accessories and gear, according to reporting in WWD and other media outlets. The program launched soon after the retailer’s acquisition by Authentic Brands Group (ABG) and SPARC Group.

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Retail TouchPoints

APRIL 24, 2023

As brands increasingly look to resale to build their sustainability credentials, ThredUp ’s white label resale-as-a-service (RaaS) is proving to be an appealing plug-and-play option for retailers. Fabletics is an excellent example of a brand which started with a Clean Out program that resonated well with customers.

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Retail TouchPoints

MARCH 14, 2023

Two more retailers have entered the resale space to help address shoppers’ demands for sustainability: H&M has partnered with ThredUp to launch a resale program directly on H&M’s website, while footwear and apparel brand Ariat International has launched a resale marketplace called Reboot , powered by Archive.

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Retail TouchPoints

APRIL 29, 2022

Resale has a new player with the launch of DICK’S Sporting Goods ’ in-store buy-back program, available in select markets through a partnership with outdoor and adventure gear resale platform Out&Back. DICK’S will pilot the program at DICK’S Sporting Goods locations in Pittsburgh and Lakewood, Colo.

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Retail TouchPoints

MAY 2, 2023

The Container Store has debuted its Closet Clean Out resale program for apparel and accessories, powered by the ThredUp Resale-as-a-Service solution. Additionally, footwear and apparel retailer Sam Edelman has launched its ReLove resale initiative with support from the Archive platform.

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Retail TouchPoints

FEBRUARY 17, 2023

The resale company also will shutter two flagship stores, in San Francisco and Chicago, two neighborhood stores, in Atlanta and Austin, Texas, and two consignment offices in Miami and Washington, D.C.

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Retail TouchPoints

AUGUST 11, 2022

Finnish design house Marimekko will launch its new community-driven resale and vintage marketplace, Pre-loved, on Aug. The program’s goal is to increase the lifespan of Marimekko products, a key element of the company’s sustainability strategy. 25, 2022 in partnership with Archive.

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Retail TouchPoints

FEBRUARY 5, 2024

New Balance Debuts ‘Reconsidered’ Program To launch its new Reconsidered resale program, New Balance has teamed up with resale tech platform Archive for its branded online experience and Tersus Solutions for the cleaning, fulfillment and warehousing of trade-ins. stores later this year. “We

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Retail TouchPoints

APRIL 5, 2023

Consumers and retailers are turning to resale more than ever amid economic uncertainty, according to ThredUp ’s 11th annual Resale Report , conducted by GlobalData. the online resale market is the fastest growing, with 21% growth [expected annually] over the next five years. The study found that more than half of U.S.

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Inside Retail

FEBRUARY 8, 2024

Earlier this month, American footwear brand New Balance announced the launch of its new resale program, Reconsidered. An ​​​​in-store trade-in program is being piloted at eight New Balance retail locations before scaling into more US stores later this year. There are many things that have to shift.

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Retail TouchPoints

MAY 9, 2023

Bergdorf Goodman has launched its Conscious Closet program, designed to extend the useful life of customers’ luxury goods through a range of personal styling, alteration, repair and resale services. ” . ”

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Retail TouchPoints

APRIL 4, 2024

Retailers are pulling out the stops for Earth Month this year: companies like Sephora and REI Co-op are showcasing the success of their recycling efforts, while others including Poshmark and Joor promote the inherent sustainability of their platforms in partnership with eco-friendly brands such as Rothy’s and Marine Serre.

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Retail TouchPoints

SEPTEMBER 29, 2022

s Athleta brand has teamed up with ThredUP and Shop Premium Outlets to pilot a new resale program and expand further into the off-price sector, respectively. Resale with ThredUP. The launch of our first-ever resale pilot marks a major milestone toward our vision for a more sustainable future. Gap, Inc. ’s

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Retail TouchPoints

APRIL 20, 2021

Lululemon is putting a renewed emphasis on sustainability with the launch of lululemon Like New, a trade-in initiative that will expand into a resale program in the coming months. The trade-in pilot will launch in California and Texas in May 2021 before expanding into a resale program in the same markets in June.

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Retail TouchPoints

DECEMBER 19, 2022

Torrid has entered the Resale-as-a-Service (RaaS) business to serve its size 10-to-30 customers, becoming resale platform ThredUP ’s first plus-size brand. The ThredUP RaaS platform allows brands to tap into its Clean Out program, which helps consumers clean out their closets for retailer credit.

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Retail TouchPoints

OCTOBER 17, 2022

SHEIN has launched SHEIN Exchange, an integrated online peer-to-peer resale platform for buying and selling previously owned SHEIN products, created in partnership with Treet. By harnessing the reach and the influence of our growing community, we believe that shopping resale can become the new normal in our industry.”.

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Retail TouchPoints

SEPTEMBER 27, 2021

A Circular Store is an extension of the online Madewell Forever denim resale experience, marking the first time the initiative will be available in a physical space. The shop also will host programming from local designers and educational brands, including upcycling and repair workshops with Patagonia ‘s Worn Wear team.

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Retail TouchPoints

JANUARY 4, 2022

As retailers have struggled to navigate changes in consumer behavior and economic uncertainty brought on by the pandemic, one area has seen continued growth: recommerce. It’s an important secondary market for returned goods, helping retailers reduce waste and recover cost, especially as returns increase in step with ecommerce growth.

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Retail TouchPoints

JANUARY 10, 2022

Steve Madden and Dolce Vita have each partnered with recommerce solution provider Recurate to launch peer-to-peer resale marketplaces designed to boost circularity for their respective footwear brands. Resale is an increasingly hot market for retailers, with a projected value of $47 billion by 2025 , according to ThredUP.

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Retail TouchPoints

NOVEMBER 9, 2021

As product scarcity issues continue to dominate this holiday shopping season, consumers are increasingly turning to resale to get the goods — and platform operators are taking notice. Trying to Stand Out in the Increasingly Crowded Resale Field. “With resale, consumers are not forced to rely on retailers to find what they need.”

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Retail TouchPoints

FEBRUARY 17, 2022

Sustainability-focused lifestyle brand Allbirds plans to double the lifetime of its footwear products with the launch of a shoe resale program in partnership with recommerce platform Trove. retail locations. Trove will provide the technology platform and logistics for the ReRun program.

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Retail TouchPoints

OCTOBER 7, 2021

adidas is expanding its sustainability efforts with a new resale program powered by ThredUP ’s resale-as-as-service (RaaS) program. The brand initially launched the program through the Creators Club app, part of its membership program, on Oct.

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Inside Retail

OCTOBER 19, 2023

Brilliant Lighting has admitted to engaging in resale price maintenance and has submitted a court-enforceable undertaking to the Australian Competition & Consumer Commission (ACCC). It sells these products to a network of at least 1439 retailers and distributors. This conduct is deemed illegal under the Australian competition law.

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Retail TouchPoints

MAY 17, 2022

Now, both consumers and the retailers that serve them are quite willingly jumping on the resale bandwagon, driving an already hot sector toward even further growth. Retailers and Brands Take the Baton. When I started working at the company about 10 years ago, businesses like ThredUP were the vanguard for resale,” he recounted.

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Retail TouchPoints

AUGUST 3, 2021

Fashion Resale. The fashion resale market is one of the fastest growing consumer-driven sectors today. The resale market is set to hit $36 billion by 2024, growing at 39% CAGR (versus overall retail at approximately 2% pre-pandemic). Nike has just launched its in-house pre-owned program. Social Commerce.

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Fashion Social Commerce Fast Fashion Consumer 289

Inside Retail

APRIL 12, 2021

Nike will start collecting and cleaning some of the sneakers that are returned by customers and reselling them at a discount in stores as part of its Nike Refurbished program, which launched on Monday. . The brand plans to expand the Refurbished program to more US stores throughout 2021 and beyond.

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Retail TouchPoints

NOVEMBER 4, 2022

An even higher number, 74% of millennials said they would like to receive a pre-owned gift — just one sign that the potential for resale to become a regular destination for holiday shopping is even greater than many people realize. Resale Thrives in Tough Economic Times. Resale is another option for customer acquisition. ”.

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Inside Retail

APRIL 21, 2022

Bridget Veals, David Jones GM of womenswear, footwear and accessories, said the company is committed to ethical, environmental and climate-conscious practices in the retail space. The post David Jones launches clothing resale program appeared first on Inside Retail.

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Retail TouchPoints

APRIL 25, 2023

Among the new additions are the permanent inclusion of subscription and rent-to-buy programs. Additionally, the retailer has launched a new bag-focused rental subscription service through which customers will receive a different designer bag of their choice delivered to them each month.

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Inside Retail

FEBRUARY 16, 2024

“The business fell on hard times during the Covid lockdown period and despite robust restructuring initiatives over recent years, the well-documented difficulties across the retail sector appear to be the key contributing factor to the company’s demise,” Howlett said in a statement provided to SmartCompany.

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Retail TouchPoints

MAY 14, 2024

To create successful live shopping experiences, retailers must first understand their customers’ behavior, preferences and motivations,” said Joe Kwong, Head of Business Development at Agora in a statement. Qurate Retail’s New App and FAST Channel Qurate Retail’s Sune shopping app.

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Retail TouchPoints

FEBRUARY 2, 2023

The company also continues to grow its resale-as-a-service offering, with specialty retailer Francesca’s tapping ThredUP to power its new resale offering. Another way ThredUP is helping shoppers kick their fast fashion habit is through its resale-as-a-service platform.

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Inside Retail

AUGUST 29, 2023

Thanks in large part to TikTok and Gen Z’s love of thrifting and vintage fashion, the resale market has never been more robust. Established resale platforms like eBay, Depop, and TheRealReal have been profiting off of the vintage fashion trend. Globally, the market is expected to reach (US$350 billion) in the same time period.

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