ThredUp’s 12th Annual Resale Report Reveals Resale Grew 15X Faster than Retail in 2023
ThredUp Inc. - Class A (TDUP)
Company Research
Source: Business Wire
New study finds 60% of consumers say shopping secondhand apparel gives them the most bang for their buck; 55% say they’ll spend more on secondhand if the economy doesn’t improve.Branded resale saw continued momentum in 2023, with 31% year-over-year growth; 163 brands now offer resale shops.40% of voters say they’re more likely to vote for a candidate that supports sustainable fashion in upcoming elections. OAKLAND, Calif.--(BUSINESS WIRE)--ThredUp (Nasdaq: TDUP, LTSE: TDUP), one of the largest online resale platforms for apparel, shoes, and accessories, today released the results of its 2024 Resale Report. Conducted by third-party retail analytics firm GlobalData, the 12th annual study serves as the most comprehensive measure of the secondhand market globally and in the U.S., with forward looking projections through 2033. It also includes new insights about trends driving online resale’s growth, momentum in branded resale, and a special section about the government’s role in reduci
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TDUP
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- 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