The fashion industry has a huge problem: Despite many returned items being unworn or undamaged, a lot, if not the majority, end up in the trash. An estimated […]
Poshmark’s ‘Promoted Closet’ tool lets sellers boost all their listings at once
Poshmark, the social commerce site that lets people buy and sell new and used items to each other, launched a paid marketing tool on Thursday, giving sellers the […]
TikTok Shop expands its secondhand luxury fashion offering to the UK
TikTok Shop, TikTok’s social commerce marketplace, is launching a secondhand luxury category in the U.K., putting it in closer competition with The RealReal, Vestiaire Collective, Depop, Poshmark, and […]
Depop sellers faced ongoing payment delays due to tech issue, company admits
Sellers on the Etsy-owned clothing resale app Depop have been facing delayed payments. Over the last few months, more and more sellers have reported that their payment dates […]
Topsort helps e-commerce create ads without being ‘creepy’
Regina Ye says she and Topsort co-founder Francisco Larrain have learned a lot in the two years since their auction-powered advertising startup launched. The company raised $8 million […]
It’s critical to protect equity investments in minority businesses from activist organizations
Lyneir Richardson Contributor Lyneir Richardson is the co-founder of the Chicago TREND Corporation, a social enterprise funded by prestigious impact investors to stimulate urban retail development. He is […]
eBay to gain $2.2B from sales of its shares in classified biz Adevinta
eBay is unloading its remaining shares in the online classified business Adevinta to private equity firms Permira and Blackstone for $2.2 billion in cash and 20% equity, it said. […]
The circular economy promises to remake retail. Why is it so hard to trust?
Thrifting is back, though this time it has a tech spin on it. An entirely new generation has discovered the pleasures of digging through other people’s discarded clothes […]
Poshmark to shut down India, Australia and UK businesses
Poshmark is shutting down its international businesses – operations in India, Australia and the UK – as the social shopping marketplace shifts attention to “core markets,” the company […]