The fashion industry is one of the dirtiest industries that exist. The industry itself is responsible for roughly ten percent of GHG emissions, and fast fashion’s impact not only contributes to that percentage, but is the leading force. Today, Congresswoman Chellie Pingree (D-Maine), ranking member of the House Appropriations Interior and Environment Subcommittee, alongside Reps. Marie Gluesenkamp Perez (D-Wash.) and Sydney Kamlager-Dove (D-Calif.), announced the first-ever Congressional Slow Fashion Caucus to curb fast fashion pollution through climate-smart policies; a huge step in the fight against the climate crisis. This morning, the Members held a press conference to launch the platform and invited ThredUp's Chief Legal Officer Alon Rotem to deliver the opening remarks. “The launch of the Slow Fashion Caucus gives us a powerful new platform to forge ahead. Together we can drive the fashion policy agenda forward and change the incentive structures to benefit our shared planet and resources,” Alon said in his remarks. Thank you to the Congresswoman Pingree for inviting ThredUp to a part of this incredibly crucial platform, and to Rachel Seville Tashjian and The Washington Post for diving into what the Slow Fashion Caucus has set out to do.
ThredUp
Retail Apparel and Fashion
Oakland, California 62,918 followers
Inspiring the world to think secondhand first
About us
ThredUp is transforming resale with technology and a mission to inspire the world to think secondhand first. By making it easy to buy and sell secondhand, ThredUp has become one of the world's largest online resale platforms for apparel, shoes and accessories. Sellers love ThredUp because we make it easy to clean out their closets and unlock value for themselves or for the charity of their choice while doing good for the planet. Buyers love shopping value, premium and luxury brands all in one place, at up to 90% off estimated retail price. Our proprietary operating platform is the foundation for our managed marketplace and consists of distributed processing infrastructure, proprietary software and systems and data science expertise. With ThredUp’s Resale-as-a-Service, some of the world's leading brands and retailers are leveraging our platform to deliver customizable, scalable resale experiences to their customers. ThredUp has processed over 172 million unique secondhand items from 55,000 brands across 100 categories. By extending the life cycle of clothing, ThredUp is changing the way consumers shop and ushering in a more sustainable future for the fashion industry.
- Website
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http://www.thredup.com
External link for ThredUp
- Industry
- Retail Apparel and Fashion
- Company size
- 1,001-5,000 employees
- Headquarters
- Oakland, California
- Type
- Privately Held
- Founded
- 2009
- Specialties
- Consignment, Fashion Resale, E-Commerce, Startup, Secondhand Clothing, Women's Clothing, Kids Clothing, Thirft, Technology, Operations, Goody Box, Designer, and Distribution
Locations
Employees at ThredUp
Updates
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Thank you Innovation Forum and Kelly A. Burton for having ThredUp's Chief Legal Officer Alon Rotem join Day 2 of the Sustainable Apparel and Textiles Conference in NYC. Alon shared his insights on where shoppers rank environmental causes on their priority list and whether their values make it past checkout, and how often those perceptions can change. It was a thought-provoking conversation and we were honored to be a part of it.
Thank you for joining this year's Sustainable Apparel and Textiles Conference in New York! Across the two days, we discussed how brands can transform supply chains, raise labor standards and accelerate the transition to a #circular economy. Got any feedback? Please share using this link: https://eur.cvent.me/lWDgv Thank you to our sponsors CottonConnect, Lenzing Group, Peterson Projects and Solutions (Europe), TextileGenesis , Archive, athena studio, and ALGI for supporting this event. And a huge thank you to Catie Ball, MBA for organising this fantastic conference. See you all next year! #IFapparelUS25 #IFapparelUS24 All photographs by Paula G. #SustainableApparel #SustainableTextiles #SustainableFashion
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Thank you to WWD and Evan Clark for sharing our news that we announced this morning. While the adoption of resale continues to rise, so do the stakes when it comes to customer experience. Today we announced the appointment of Tapestry's Chief Omni and Innovation Officer Noam Paransky to our Board of Directors. Having more than 25 years in digital retail innovation and omnichannel strategy, Paransky will advise ThredUp as we continue to transform our business into an AI-powered resale marketplace, improving the secondhand shopping journey and encouraging more shoppers to choose used. Welcome to the team, Noam!
ThredUp Adds to Board as It Plots AI Expansion
https://wwd.com
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Fashion has a dark side, but secondhand is playing an important role in combating industry waste. Thank you Aaron Heslehurst for inviting our CEO James Reinhart to participate in a discussion about sustainable fashion on BBC News and helping spread awareness around how ThredUp is disrupting the traditional, linear ecommerce model; how brands can incorporate circularity into their strategies; and what AI is doing to improve the secondhand shopping journey and encourage more shoppers to choose used. Listen to the full episode of Talking Business here: https://lnkd.in/gzn9FAXk
Talking Business - 31/05/2024
bbc.co.uk
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For the last 15 years, we've been building the infrastructure and backbone of how resale works on the Internet. To hear how we've scaled our business to capture rising demand for secondhand and why resale should be treated like electric vehicles and solar energy, tune into the latest episode of The Modern Retail Podcast with Cale Guthrie Weissman and our CEO James Reinhart.
This week on the Modern Retail Podcast, ThredUp CEO and co-founder James Reinhart spoke about rising demand for resale and how the platform has expanded its offerings.
How fast-fashion backlash gave ThredUp a marketing edge: 'It's easy to have a boogeyman'
https://www.modernretail.co
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Headed to The Lead next month? Our CEO James Reinhart will take the stage to discuss how to leverage AI to enhance shoppability and discoverability, using insights from ThredUp's own experience as a case study. Mark your calendars for July 11!
James has a passion for circularity, and education's role in our communities drives his vision of reducing the fashion industry’s negative impact on the planet. This vision motivated him to launch thredUP, an online consignment & thrift store where you can constantly refresh your style while creating less waste. His business able to process and recirculate clothing at an extraordinary speed and scale, all in support of sustainable fashion, freer closets, and a better world. Join us as James Reinhart, Founder and CEO, ThredUp takes the stage at The Lead Summit on July 10th and 11th in New York City. Brand & retail attendees are eligible for FREE registrations! Passes are limited, and space is filling FAST! Register now!: https://lnkd.in/eE6-zKKh To view the full agenda, click here: https://lnkd.in/gjyCSa_v #TheLeadSummmit #Brands #DTC
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At ThredUp, we think a lot about where shoppers rank environmental causes on their priority list and whether their values make it past checkout. On June 27, our Chief Legal Officer Alon Rotem will take the stage at the Innovation Forum's Sustainable Apparel and Textiles Conference in NY to explore this with Kelly A. Burton. Reserve your spot today: https://lnkd.in/eGByzKuV #IFapparelUS24
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Eric Ries invited our CEO James Reinhart to be one of the first guests of his new podcast, The Eric Ries Show. Whether you're interested in fashion or not, this is a must-listen for anyone remotely interested in business, with insightful stories about the small wins, speedbumps, and learnings you encounter on the quest to build an enduring business.
Episode 2 of The Eric Ries Show drops today! My guest is James Reinhart, founder of the second-hand resale platform ThredUp. James started out as a teacher, an experience that made him sure he wanted to make a positive impact on the world just as much as he wanted to build a successful business. ThredUp checks both boxes. It's changing the way people think about filling (and emptying) their closets -- its mission is "to inspire the world to think secondhand first" -- and it also generated $80 million in revenue in the first quarter of this year. In our conversation, we covered this duality from a number of perspectives, including the company culture that makes it possible, the importance of choosing the right investors, why an ambitious mission brings many advantages, what it was like to go public, and why more people should be thinking about purpose and profit as complementary rather than at odds with each other. As James put it, "intrinsically good businesses are good for bottom lines and good for the world." Listen today 👇 - YouTube: https://lnkd.in/gmyqPMrd - Spotify: https://lnkd.in/gS8C_-Xh - Apple: https://lnkd.in/gXpFdxtq And a very special thank you to our sponsors: Mercury DigitalOcean Neo4j
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Like most great businesses, ThredUp was born to address a market failure: Secondhand clothes. Today, the secondhand apparel market is exploding, projected to reach $350 billion globally by 2028. But it’s not without tensions in making the business and operating model work – and scale. Our CEO James Reinhart sat down with the team at World Retail Congress to share his POV on how the resale market has evolved and how ThredUp continues to disrupt the space 15 years after its founding. Listen in!👇
Episode 6 of the World Retail Podcast is out now! In this latest episode from our series, 'Disrupt or be Disrupted', Matt Clark, Partner and Managing Director, AlixPartners and Ian McGarrigle, Chairman of World Retail Congress, talk to James Reinhart the Co-Founder and CEO of ThredUp, the online resale platform for apparel, about how his drive is to disrupt fashion and force the industry to embrace the circular economy. Listen now on your normal podcast platform: https://bit.ly/3TCBuqG #WorldRetailPodcast
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We've partnered with dozens of brands and retailers through our Resale-as-a-Service offering to help them incorporate circularity into their businesses through resale. If you're evaluating what the best-fit circular model is for your business, the new Retail Circularity Action Guide from Deloitte and National Retail Federation is a great place to start.
Our new retail #circularity action guide, a collaboration with the National Retail Federation, is out and available to help you explore and implement best-fit circular solutions in your business. Here are five key takeaways from the guide: 🗺️ Recognize the #retail business landscape is shifting 📌 Focus on the business value proposition 🛒 Support existing consumer circularity behaviors 🕹️ Focus on what your business can control ⭕️ Prioritize #CircularityBusinessModels carefully Want more? Download the guide for in-depth insights and strategy from Deloitte's Tal Viskin, Allie Turner, and James Carlo Cascone, as well as NRF's Scot Case: https://lnkd.in/gmSguqPE
5 key findings from the NRF and Deloitte retail circularity action guide
nrf.com