ThredUP news and archive

ThredUp appoints first chief marketing officer in nearly five years

Resale platform ThredUp has announced the appointment of Noelle Sadler as its chief marketing officer as it looks to sharpen its focus on encouraging secondhand shopping for younger generations. Reporting to ThredUp president Anthony Marino, Sadler joins the company as its first CMO in nearly five years and will apply her expertise in e-commerce...

Fashion Featured

thredUp tackles fashion's waste problem during music festival season

The merry parade of young Hollywood in bucket hats, tie dye shirts and cowboy boots is upon us again but the dark side of summer music festivals extends beyond Kanye’s last minute cancellation as headliner at Coachella. The waste associated with the summer festival period is an environmental nightmare. Thrifting website thredUP conducted a...

Fashion Featured

ThredUp/And Just Like That Costume Designers' partnership shows how far secondhand clothes have come

Last week saw the release of And Just Like That, a reboot of HBO’s comedy series, Sex and the City, which ran for six seasons from 1998 to 2004, won four Emmy awards and spawned two movies. Today sees the launch of a special shopping partnership between the costume designers of And Just Like That, Molly Rogers and Danny Santiago, and ThredUP,...

Business

U.S. second-hand market to reach 77 billion dollars in the next five years

Within the next five years, the second-hand apparel market is expected to reach 77 billion dollars, according to a new report. Analysts say that a convergence of driving forces are making shoppers “think second-hand first”. A new research by ThredUp based on GlobalData’s findings confirms the U.S. consumers’ preference for more sustainable...

Fashion Featured

Why re-sale is fashion’s most bankable new market

When Etsy snapped up Depop for 1.6 billion dollars investors took note. Dubbed the “resale home for Gen Z” by Etsy CEO Josh Silverman, the app, which counts over 30 million registered users, has enormous potential to be scaled. Expansion would see the company grow its share in a booming and growing resale market, which according to analytics...

Retail

ThredUp to power resale for Vera Bradley through RaaS

US apparel resale platform ThredUp has announced it will provide American luggage and handbag company Vera Bradley, Inc. with its Resale-as-a-Service (RaaS). Vera Bradley will give its online and in-store customers the opportunity to fill what it refers to as ‘Clean Out Kits’, with the apparel, shoes and accessories they want to do away with....

BusinessFeatured

ThredUp looks to raise up to 168 million dollars in IPO

Fashion resale platform ThredUp is aiming to raise up to 168 million dollars in its upcoming IPO. The US company said Thursday it plans to sell 12 million shares of its Class A common stock at a price of between 12 dollars and 14 dollars, the upper range of which would raise 168 million dollars and value the business at around 1.3 billion...

Fashion Featured

Christian Siriano turns the NYFW runway into a resale platform

ThredUp teamed with Christian Siriano to help the designer show secondhand clothing on his New York Fashion Week runway. Siriano selected three of his own designs that were available through ThredUp’s online resale site, which he then repurposed and showed on the runway alongside his Fall 2021 collection. Siriano’s repurposed pieces included a...

Business

Former Match Group CEO joins ThredUp board

Fashion resale platform ThredUp has announced the appointment of former Match Group CEO Mandy Ginsberg to its board of directors. Ginsberg spent 14 years at Match Group, which owns and operates a global portfolio of popular online dating services including Tinder and Match.com. During her time there, she held a number of executive roles,...

Fashion

ThredUp and Christian Siriano team to unveil ‘Thrift Logo'

ThredUp has created a logo that will serve as the first universal symbol for used secondhand clothing. In partnership with designer Christian Siriano, the clothing resale platform has introduced what it calls the "Thrift Logo." The Thrift Logo was created to allow secondhand garments to become recognizable objects that stand for sustainability,...

Business

ThredUp files for IPO

ThredUp, a clothing resale platform, has said that it has confidentially submitted paperwork to the U.S. Securities and Exchange Commission for an initial public offering of its Class A common stock. The news was reported by Reuters. In a statement, the company said that size and price range of the common stock has not been determined. ThredUp’s...

Fashion

ThredUp rebrands itself with a new look

ThredUp has gotten a makeover. The popular secondhand retail site launched a new rebrand to better connect with a new generation of thrifters who are proud to wear used clothing. Creative agency Red Antler was selected to lead the rebranding effort. The resale retailer describes its new identity as "a creative direction inspired by thrifter...