ThredUp
| Formation | 2009 |
|---|---|
| Founder | James Reinhart, Chris Homer and Oliver Lubin |
| Purpose | Online reselling |
| Products | Clothing, footwear and accessories |
Staff (2024) | 300 (aprox.) [1] |
ThredUp Inc. is an American company that operates an online resale platform using Artificial Intelligence, specializing in the sale of second-hand clothing, footwear, and accessories [2] Founded in 2009 and headquartered in Oakland, California, ThredUp has established itself as one of the leading resale fashion marketplaces.[3]
History
[edit]ThredUp was founded in 2009[4] by James Reinhart, Chris Homer and Oliver Lubin who raised US$131 million in a funding round.[5] The company aims to provide a sustainable solution for discarded fashion. The company allows consumers to send in their used clothing to be sold on the platform, offering a convenient and eco-friendly option for getting rid of items they no longer wear.[6]
Since its inception, ThredUp has processed more than 137 million secondhand items from approximately 55,000 different brands. The company has several distribution centers in the United States and Europe, allowing it to efficiently manage its inventory and meet customer demand.[7]
In the first half of 2023, ThredUp increased its sales by 4% to €99.8 million, substantially reducing its negative result to €38.5 million.[8]
References
[edit]- ^ "Una experiencia práctica sobre la semana laboral de 4 días: "No es para todo el mundo"". El Confidencial (in Spanish). 2023-09-26. Retrieved 2024-06-26.
- ^ Ponce de Leon, Sandra. "How thredUP is Driving the Circular Fashion Movement with AI". Forbes. Retrieved 2024-06-21.
- ^ "ThredUp Inc, TDUP:NSQ profile". Financial Times. Retrieved 2024-06-21.
- ^ Sourtech. "La CONMEBOL anunció la realización del documental de la Copa América USA 2024 en Co-Producción con Tronito/Idelve". Forbes Argentina (in Spanish). Retrieved 2024-06-21.
- ^ McDowell, Maghan (26 March 2021). "Thredup, now public, wants to solve resale tech for fashion brands". Vogue Business. Retrieved 8 October 2024.
- ^ Moore, Kristina. "Designer Spotlight: ThredUp Transforms Winter Closets To Spring Styles With Unique 'Clean Out Bag'". Forbes. Retrieved 2024-06-25.
- ^ "ThredUp Adds to Board as It Plots AI Expansion". Yahoo Finance. 2024-06-25. Retrieved 2024-06-25.
- ^ "ThredUp eleva sus ventas un 4% y reduce sus pérdidas en el primer semestre". Modaes (in Spanish). Retrieved 2024-06-25.