Tadpole Kids

Main Menu

  • Home
  • Kids Apparel
  • Clothing Line
  • Child’s Clothes
  • Kids’ Shoes
  • Financial Affairs

Tadpole Kids

Header Banner

Tadpole Kids

  • Home
  • Kids Apparel
  • Clothing Line
  • Child’s Clothes
  • Kids’ Shoes
  • Financial Affairs
Clothing Line
Home›Clothing Line›Fashion resale site ThredUp closes deal for Vera Bradley resale

Fashion resale site ThredUp closes deal for Vera Bradley resale

By Mable A. Houston
May 11, 2021
0
0



Consumers fill ThredUP Clean Out bags with items they no longer wear.


Courtesy of thredUP

Fashion resale site thredUp will release its 2021 resale report in July, but the retailer has shared some key points ahead of time. According to the ninth annual report with GlobalData, 80% of U.S. consumers, or 266 million people, plan to freshen up their closets after the pandemic is over, either by purging items they no longer want or buying items.

About 159.4 million U.S. consumers plan to get rid of clothes after the pandemic ends, 46.4% plan to get rid of clothes that no longer fit, while 24.8% will say goodbye to the clothes they used to wear during quarantine.

ThredUP calls this clothing transfer a “purge push,” which it says could be followed by a shopping spree where consumers who have made room in their closets buy new or used clothing. Some 155.9 million U.S. consumers plan to purchase items after the pandemic ends, with 34.4% planning to purchase items for suspended events and 31.1% saying they would purchase items to refresh their style.

Brands are also showing increased interest in savings, according to thredUP. The company’s 2020 Resale Report found that 72% of brands said they wanted to test resale. ThredUP has processed over 100 million unique second-hand items from 35,000 brands in 100 categories.

“We’ve had hundreds of calls about reselling and setting it up,” said Pooja Sethi, senior vice president of Retail-as-a-Service, or Raas, and Retail Partnerships. . “We have the unique ability to evolve the resale of a brand. This is important because only the scale can cause a significant change. We have simplified a complex process and made it very easy. “

Sethi was referring to ThredUP’s RaaS, which facilitates resale for a number of major brands and retailers, including Gap, Madewell, and Reformation. The latest RaaS deal is with Vera Bradley

VRA
, which will offer thredUP Clean Out kits to online and in-store customers. Customers fill their cleaning kits with clothes, shoes and accessories and ship them to thredUP for free. ThredUP will pay sellers for resalable items in the form of a Vera Bradley Gift Card. Vera Bradley pays platform fees to license RaaS technology, software and logistics.

Raas allows Vera Bradley to voice resale in “her own unique voice,” Sethi said. “We want to support brands that are thinking about resale. This is the future of fashion. The consumer opts for it. More and more brands will start to think about how to get into resale and become more circular. The key to reselling is the offer, and that’s where our Clean Out program comes in.

“We have all the data expertise and all the machine learning,” Sethi added. “We can help brands with sourcing and see resale as another channel. One in five items will be second hand in 10 years. By putting products for resale, you reduce the carbon impact by 80%. “

“Our consumers share an interest in Vera Bradley. It’s a very popular brand on our platform and there is synergy there, ”Sethi said. “Vera takes a strong stance on sustainability and they are forward thinking.”

Vera Bradley announced separately on Monday that she has partnered with actor and producer Lana Condor to launch a new collection of recycled cotton made from 50% recycled cotton and 50% conventional cotton. The line, available in solid colors, has the same soft feel as the original Vera Bradley cotton.

“Our recycled cotton construction expresses our vision to make the world brighter and happier, and Lana’s bright and colorful style, bubbly personality and passion for sustainable fashion make her the perfect partner to help us launch this new collection, ”said Beatrice Mac Cabe, Creative Director of Vera Bradley. “Sustainability is important to us. We are constantly researching and innovating to provide our customers with more environmentally friendly options. We’ve made sure this recycled cotton has the same softness, comfort and vibrancy as the signature cotton that Vera Bradley fans have loved since 1982. ”

“Vera Bradley leads her customers to more environmentally friendly products. Their global commitment to make 100% more sustainable fabrics by 2025, and their new collection of eco-friendly cotton are big steps towards reducing their carbon footprint. We are happy to be a part of this trip. “



Related posts:

  1. United Airlines to Update Flight Attendant Dress Code, Relax Rules on Tattoos, Makeup, Nose Piercings | KTAB
  2. Pandemic clothing purge underway as normal life resumes in US – MyStateline.com
  3. Let the fashion police start on the opening day of the Tokyo Games | News, Sports, Jobs
  4. Dickies takes a look at fashion while staying true to its workwear roots
Tagsvice president

Recent Posts

  • Catherine Gee illustrates the growth and evolution of the brand with the fall 2022 collection
  • A family of ten set up an ice cream stand to raise money and give back
  • Is this the summer when I will learn to fight against the capitalist urge to “do” something? | Emma Brockes
  • Audrey Roloff shares photo of 2-year-old Bode cycling without protective clothing after star was slammed for ‘bad parenting’
  • Why Grammy Award-Winning Rapper Macklemore Makes Golf Apparel

Archives

  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021

Categories

  • Child's Clothes
  • Clothing Line
  • Financial Affairs
  • Kids Apparel
  • Kids' Shoes
  • Terms and Conditions
  • Privacy Policy