This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Indicating the continued rise of recommerce, H&M has teamed up with ThredUp to launch its first resale service, “H&M Pre-Loved,” according to a Tuesday press release.
Link: H&M taps ThredUp for resale program | Retail Dive
Should ThredUp not be winning this accounts by default? or are they being beaten by startups. Birdies have told me that they lose to startups.
I will never understand the economics of shipping a $30 skirt over and over to resell it.