Here's Why More Shoe Brands Like Dr. Martens and New Balance Are Opting for Resale Programs [Yahoo! Finance]
ThredUp Inc. - Class A (TDUP)
Company Research
Source: Yahoo! Finance
Archive, a technology provider that helps brands launch their own resale programs, has partnered with brands such Ariat, Sam Edelman, and Sarah Flint since its launch in 2021. In the last few months, the company has onboarded more footwear clients and has seen a meaningful uptick in shoe brands with an interest in building their resale offering. More from Footwear News Joe Freshgoods' New Balance 1000 'When Things Were Pure' Sneaker Capsule Releases This Week Olivia Rodrigo and Conan Gray Coordinate in Dr. Martens Shoes While Out in NYC “[We're] definitely seeing a lot of appetite with footwear brands,” Archive chief executive officer and co-founder Emily Gittins told FN in an interview. “There's a lot of uptake and interest in the footwear space.” Just last month, Archive helped Dr. Martens launch its ReWair platform, which offers pre-worn and repaired boots, shoes and bags for sale at discounted prices. And in February, New Balance launched its “Reconsidered” platform via
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TDUP
Earnings
- 3/4/24 - Miss
TDUP
Sec Filings
- 4/24/24 - Form 4
- 4/24/24 - Form 4
- 4/24/24 - Form 4
- TDUP's page on the SEC website