All recommerce articles
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Article
Resale specialist Trove secures $30 million Series E funding
Trove, a leading U.S.-based resale and trade-in company for brands and retailers including Canada Goose, Carhartt, Lululemon, Patagonia, REI, Arc’teryx, Allbirds and others, announced $30 million in Series E funding, bringing Trove’s total funding since inception to more than $150 million. The funding round was co-led by Wellington Management and ...
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Article
Trove expands brand resale operations across North America, targets Europe
Trove, a leading, U.S.-based branded resale and trade-in company for brands and retailers including Canada Goose, Lululemon, Patagonia, REI, Levi’s, Arc’teryx, Carhartt and others, announced the expansion of five Trove Recommerce Powered Partner facilities across North America, including the U.S. and Canada, with expansion into Europe already in the planning ...
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Article
Circularity in retail: Retailers finding their role in a changing world
How can retailers contribute to a more circular world? What are the challenges and how can medium-sized companies overcome them? At the panel talk “Circularity in retail” at ISPO Munich 2022, Yonderland’s head of sustainability, Melanie Grünwald, and Bergzeit’s CEO Martin Stolzenberger shared interesting experiences in transforming their retail concepts ...
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News briefs
Global study by Recurate shows demand for brand-owned re-commerce offerings
The U.S.-based resale platform provider Recurate, founded in 2020, has conducted a new re-commerce study in eleven markets worldwide, together with social impact agency BBMG. To understand consumers’ pre-owned product shopping habits, the company has surveyed a mix of non-active and active e-commerce shoppers. First and foremost, the study finds ...
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News briefs
Resale company Trove has a new CEO
Trove, the California-based branded e-commerce specialist that counts Patagonia, Arc’teryx, REI, Allbirds and Lululemon among its clients, announced that its president, Gayle Tait, who has also been a company board member since January 2021, was promoted to CEO. Andy Ruben, who has served as CEO since the company’s launch in ...
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Article
ThredUp debuts Recommerce 100 report, sees rapid growth of brand’s resale programs
U.S.-based company ThredUP, a large online resale service provider and platform for women’s and kids’ apparel, shoes and accessories, has started a monthly index that tracks which brands and retailers have launched resale programs and monitors their potential impact on the planet. The monthly Recommerce 100 report, conducted by the ...