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The Latest Breaking News from ThredUp

Secondhand clothing on track to take 10% of global fashion sales

Cost of living crisis and sustainability concerns drive shoppers towards ‘pre-loved’ garments as older buyers join in

The Guardian - UK

Ebay Expands Into Luxury Fashion Resale Market

eBay expands into luxury fashion resale with authenticity-guaranteed consignment service, offering higher commissions for sellers and leveraging its global...

Top News

TikToker urges parents to save old clothes for their children after inheriting mother’s wardrobe

‘Do it for your daughter,’ she urges

The Independent UK

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Fashion resale CEO bets big on brands like Chloé

Samina Virk, is North America CEO of Vestiaire Collective, a Goldman Sachs- and Softbank-backed platform.

Fortune

Which Specialty Retailer Stock Is a Buy? GameStop (GME) vs. Torrid Holdings (CURV)

Despite economic challenges, the specialty retail industry’s growth prospects look bright due to rising consumer spending, higher disposable income, and the surge in digital commerce. Given the industry tailwinds, let’s compare GameStop (GME) and Torrid (CURV) to determine which is a better buy now. Read more to find out….

StockNews.com

Is a four-day workweek as good as it sounds? California employees share what it’s really like

OAKLAND, California — It’s after noon on a recent Wednesday, and the kitchen and patio at ThredUp’s Oakland headquarters are packed.

Los Angeles Times

Do You Have Money Hanging in Your Closet? Clothes with the Best Resale Value

A new report shows which brands are getting resold the most secondhand.

Kiplinger

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Second-hand markets are on the up (and even Zara has jumped on the bandwagon)

A few weeks ago, Zara, the Spanish fashion chain with stores all over the world, announced that it was branching into the second-hand market. With a pilot test in the United Kingdom, through the Zara Pre-Owned platform, it is set to offer the option of reselling a Zara garment, having…

The Conversation

Iconic Goodwill gets serious with an American online shop for thrifters

Goodwillfinds launched Tuesday with roughly 100,000 items available online. The venture will help fund its community-based programs across the U.S. and increase donations and its customer base.

WEKU

Heinz and ThredUp are selling ketchup-stained secondhand clothes

The “Vintage Drip” collection benefits Rise Against Hunger in support of global hunger relief.

Input

Tommy Hilfiger introduces resale program and plans for circularity

The American brand plans to be fully circular by 2030.

Input

Eddie Bauer's new resale program is making outdoor gear more accessible

The latest addition to the brand’s (Re)Adventure program.

Input

How reaching for the clothes in your closet helps fight climate change

A small, simple and cheap way to prevent some future climate pollution is to wear the clothes already in your closet roughly twice as many times as you might have otherwise before tossing them.

Tribune News Service

Expert Ratings for ThredUp

Within the last quarter, ThredUp (NASDAQ:TDUP) has observed the following analyst ratings:

Benzinga

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news in one place.

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Benzinga

Expert Ratings for ThredUp

Analysts have provided the following ratings for ThredUp (NASDAQ:TDUP) within the last quarter:

Benzinga

ThredUp Earnings Perspective: Return On Capital Employed

ThredUp (NASDAQ:TDUP) brought in sales totaling $72.69 million during Q1 according to data provided by Benzinga Pro. However, earnings decreased 15.62%, resulting in a loss of $20.71 million.

The Guardian - UK

Dr Martens to get foot in the door of resale market with help from Depop

CEO says brand must enter refurbished boot market, which could account for 15% of sales in 10 years’ time

Marie Claire

Fashions' Guide to Easily Upcycling and Recycling Clothes

These are the best brands championing sustainability with resale and buyback programs.

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news in one place.

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Axios

Thrifting is the new normal

Nearly all Americans are buying or are open to buying secondhand, a study from ThredUP shows.

Benzinga

What 4 Analyst Ratings Have To Say About ThredUp

ThredUp (NASDAQ:TDUP) has observed the following analyst ratings within the last quarter:

Benzinga

Read Why Jefferies Sees Sharp Upside In This Thrift Store Operator

Jefferies analyst Ashley Helgans initiated coverage of ThredUp Inc (NASDAQ:TDUP) with a Buy rating and $13 price target, implying a 57% upside. Ashley noted ThredUp is uniquely positioned in the resale industry as the only managed marketplace for mass apparel and footwear. ThredUp is an online resale platform for women and kids apparel, shoes, and accessories.…

Benzinga

Where ThredUp Stands With Analysts

ThredUp (NASDAQ:TDUP) has observed the following analyst ratings within the last quarter:

1 2

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