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Stock impact report

Rebag Unveils Membership Program That Increases Customer Purchasing Power by 27 Percent [Yahoo! Finance]

ThredUp Inc. - Class A (TDUP) 
Company Research Source: Yahoo! Finance
The luxury handbag resale platform revealed on Thursday its first-ever membership program, called Rebag+, which will offer customers a lengthy list of benefits that increases their purchasing power by up to 27 percent. More from WWD Luxury Handbag Designer Nancy Gonzalez Sentenced to 18 Months in Prison Tod's Unveils Exhibit Celebrating Venetian Craftsmanship Phillip Lim to Showcase the Work of AAPI Artists and Designers “Our customers are always asking for different ways where they can get the best value out of their purchases,” said Elizabeth Layne, Rebag's chief marketing officer. “We definitely play on the high end of the market with all of our luxury items on our site, but people still want a good value and this is the way where we can offer that to them. We can give them better pricing and give them a way as long as they're staying within the Rebag ecosystem to grow their value of the Rebag wallet to be able to purchase more.” With Rebag+, members will receive 10 pe Show less Read more
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