Less than two years into the role, The RealReal chief executive John Koryl has exited the company and will no longer serve on its board, […]
Tag: resale
Unlocking Commercial Opportunities with Digital Product Passports
Shifts in both customer shopping behaviours and regulatory requirements from governmental bodies are moving digital product passport (DPP) technology from the edges of brand consideration […]
How Brands Build Their Resale Teams
When Grace Han landed her first fashion gig as director of social impact at Faherty, it came with an unexpected second title: chief executive of […]
Japans’ Secondhand Fashion Boom Is Bigger Than the Weak Yen
The plunging value of Japan’s yen has kept archival-fashion seller Sam Barback busy. The Japanese secondhand market has been an important source of vintage items […]
Branded Resale Provider Trove Acquires Recurate, a Competitor in the Space
Trove, the resale operator for brands including Patagonia and Levi’s, has acquired Recurate, another branded resale platform, the companies announced Tuesday. Terms of the deal […]
Luxury’s Latest Foe: 40% Discounts on Chinese Resale Sites
Luxury powerhouses like LVMH and Kering SA are facing a fast-growing foe in China: a grey market that sells brand-new, authenticated goods procured in other countries for discounts of […]
Understanding the Luxury Resale Market in Korea
In 2023, about $49.3 billion (€45 billion) worth of secondhand luxury products were sold worldwide, according to management consultancy Bain & Company. The strength of […]
‘In Business to Save the Planet’: The Patagonia Paradox
COPENHAGEN, Denmark — Patagonia CEO Ryan Gellert has been mulling a peculiar problem for a top executive at a billion-dollar brand: Can a business be […]
Why One AI Start-Up Is Cataloguing Millions of Fashion Items
If you want to sell a Helmut Lang jacket on a resale site, you have to photograph it, write out a description and price it, […]
Why Some Consumers Find Sustainable Marketing So Annoying
A typical Patagonia ad evokes a sense of awe for nature: rugged terrain under an endless blue sky, extreme athletes summiting the vast mountain range. […]