We leveraged troves of resale data to fill gaps in sizes and styles that sell out quickly on thredUP. With that data, we want to help consumers buy clothes that can be resold instead of discarded - a mindset shift which is ultimately good for wallets and the planet. However, outside of luxury purchases, most of shoppers are in the dark about what apparel actually resells.Īt thredUP we know exactly what resells. Retail is looking a lot like the auto-industry, where consumers are gravitating towards brands with great resale value. Where did you come up with this idea/what problem are you solving? That’s a lot of dirt on our backs! So far, thredUP has recycled over 60M items, and the company believes Remade is a gateway to millions more. 26B tons of textile waste is landfilled annually. Diverting waste, which is a huge and growing problem.įashion is the second most polluting industry in the world next to oil. Remade fills a ‘temporary ownership’ gap between one-time use rental, and a lifetime commitment to clothes - allowing for more responsible closet rotations. Made for consumers who consider resale value when shopping.Ĭonsumers are buying more and discarding clothes faster than ever before, and reselling on secondary markets. The line democratizes circularity with accessible price points and inclusive size range (XS-3X), and fills a market-gap: well-made apparel, with high-resale value, at attainable prices points. ThredUP Remade is a more affordable way to participate in the circular economy - by purchasing clothes that can be resold instead of landfilled. Sustainability for the rest of us: buy into the Circular Economy at an affordable price point. This technology will track how many times an item is resold and how old it is, allowing thredUP to price it quickly for resale, and pay the seller cash or credit. Lifecycle QR Tags: An item’s history can be surfaced with a scan.Įvery Remade garment has a scannable label that allows thredUP to quickly re-enter the item back into the circular economy. The high-quality construction and data-backed designs allow thredUP to pay4Xmore than average payouts for items at comparable price points. A Buyback Promise: Clothes with guaranteed resale value.Įvery Remade garment comes with the thredUP Buyback Promise, ensuring it will be accepted and resold on thredUP. This data guided Remade design, ensuring the line consists of what customers want - without the fashion guesswork that results in production waste. With more than 30K items resold on thredUP daily across 35K brands, thredUP knows what styles are timeless and always in demand. Data-Backed Design: Styles informed by what resells again and again.
0 Comments
Leave a Reply. |