ThredUp

ThredUp applauds the recent decision to close the de minimis exemption, a critical step in addressing the unsustainable flow of ultra-fast fashion into the U.S. This policy change will increase the cost of cheaply produced, disposable clothing imported from China, directly impacting the business model that fuels overproduction and environmental degradation. For years, the de minimis loophole has provided an unfair advantage to fast fashion retailers, enabling them to flood the market with low-cost, short-lived items while circumventing import duties. ThredUp has been a leading voice on this issue as the de minimis loophole has contributed significantly to the textile waste crisis, where millions of tons of clothing end up in landfills annually. As highlighted in our 13th Annual Resale Report, consumers are increasingly aware of the environmental impact of their fashion choices. Our data shows a strong desire for government policies that support sustainable alternatives like resale. In fact, nearly 59% of consumers surveyed stated they would turn to more affordable secondhand options if new clothing prices increase due to higher tariffs.  Among different generations, Millennials are most likely to make this shift, with 69% indicating they would consider secondhand options more often if new clothes became more expensive.  By leveling the playing field, this tariff order encourages a shift towards a more circular economy, where clothing is given a second life, reducing waste and carbon emissions. We believe that making fast fashion more expensive will incentivize consumers to choose quality, durability, and secondhand options. ThredUp sees this policy as a significant win for both the environment and the future of sustainable fashion. We will continue to advocate for policies that promote circularity and responsible consumption, and we encourage consumers to join us in making conscious choices that support a healthier planet. #Deminimis #Sustainablefashion #slowfastfashion #sustainablefashion #circularity https://lnkd.in/gjSYbvZS

94% of retail executives say their customers are participating in resale; yet 2 in 3 say they're not confident they could successfully get a program up and running, according to our latest Resale Report. If this resonates, join us on April 9 at 11:30 a.m. PT for a webinar where we'll break down what customers are saying about secondhand participation and how you can meet demand. Our CEO James Reinhart and our partner Neil Saunders have (just a few) thoughts to help you. Register today: https://lnkd.in/gWTuHtAE

Congratulations to our partners, The Oakland Roots Sports Club, on their electrifying home opener at the Coliseum this past weekend! We're incredibly proud to be part of their journey. Our partnership with this team is more than just a sponsorship; it's a powerful alignment of our missions to drive meaningful change. We're especially excited about an initiative we are launching this year: The Upcycle Fashion Contest, where talented young designers from the Oakland Unified School District will showcase their creativity through upcycled designs. The winning designs will then be featured in a fashion show at a game during Oakland Style Week in October 2025. This initiative not only exemplifies our shared dedication to fostering creativity, sustainability, and community, but highlights the work we're building a brighter, more sustainable future for Oakland and beyond. Congrats team! #oaklandroots #upcycling #sustainablefashion The Oakland Roots and Soul Foundation (ORASF)

What are the latest trends in resale and what do they mean for fashion brands? On April 9, we're hosting a webinar to answer these critical questions. We'll dig into key themes from our latest Resale Report – from how social commerce and AI are changing the way people shop, to how you can get in front of new regulation around textile waste. Save your spot today: https://lnkd.in/gWTuHtAE

If you're at Shoptalk Spring this week, here's your gentle reminder to join ThredUp's Head of Social Commerce Danielle L. Vermeer tomorrow, March 25, 2025 at 4:55PM as she dives into how ThredUp uses #AI and #personalization to engage with our ever-evolving customer and boost the adoption of resale! Have time to connect? ThredUp's Chief Strategy Officer Alon Rotem, our newly appointed Head of Sales and Business Development Christine Iovino and New Ventures lead Hailey Eberle will also be there to chat all things resale, so shoot us a DM if you're interested in meeting UP! See you there! #ShopTalkSpring #ShopTalkVegas #Ecommerce #Personalization #Retail #ResaleasaService

Our Chief Strategy Officer Alon Rotem caught up with Elsa Wenzel from Trellis this week to chat about our new Resale Report findings, and we couldn't agree more with his comment that resale is in one of the strongest positions it's been in right now. We've always been about delivering great brands at great prices in a sustainable way; and with innovation in social commerce and AI, thrifting is also more fun and easier than it used to be. Who's with us?

Our new Resale Report just dropped, and our CEO James Reinhart sat down with Zahra Hirji at Bloomberg to break down what’s driving global secondhand fashion sales. From seeking value in the face of tariffs to AI making it easier to find the perfect one-of-a-kind item, it’s no surprise the market grew 15% in 2024 and is projected to reach $367 billion in the next 5 years. Read more here (gift link! 🔗 ): https://bloom.bg/4bFojNf

Today, we published our 2025 Resale Report in partnership with GlobalData Plc. Now in its 13th year, the report sizes the market and provides insights on who and what are driving its growth. We love capturing how the space has evolved; and lately, that’s happening pretty fast. Below you’ll find what’s new and notable this year, and for a more comprehensive overview of the latest trends driving the $367 billion global secondhand industry, check out the full report at thredup.com/resale. 📈 In 2024, online resale saw accelerated growth for the second consecutive year, growing at its strongest rate since 2021. 56% of consumers who bought secondhand apparel in 2024 did so online. 💰 Tariffs could give secondhand a boost. 59% of consumers say they’ll seek more affordable options if tariffs make apparel more expensive. 44% of retail executives are looking to reduce reliance on imported goods. 📱 Shoppers want seamless integration of social interaction and shopping. 39% of Gen Z + Millennials made a secondhand apparel purchase on a social commerce platform last year. 🔎 AI innovation is helping reduce thrift overwhelm and bridge the gap between shopping new and used. 48% of consumers say personalization, improved search, and discovery make the secondhand experience as easy as shopping new. ♻️ Amid regulation around managing textile waste, retailers want more government support. 66% of retail executives struggle with managing textile waste, and 44% believe a federal waste policy would make it easier.

We're incredibly proud ThredUp Chief People and Diversity Officer Natalie Breece has been recognized as one of the Top Women in Retail in the 2025 Women in Retail Leadership Circle report! 🏆 This prestigious recognition highlights Natalie's exceptional leadership, dedication, and significant impact on the retail industry. We're so grateful for Natalie's vision and commitment to our team, driving us forward and empowering us all. Her dedication to fostering a strong, inclusive workplace is truly inspiring. A huge thank you to Women in Retail Leadership Circle for recognizing such remarkable leaders in our industry, and we're thrilled to see Natalie amongst this esteemed group of women across retail.

Heading to Shoptalk Spring in Vegas? ☀️ Join ThredUp's Head of Social Commerce Danielle L. Vermeer on Tuesday, March 25, 2025 at 4:55PM as she dives into how ThredUp uses AI and personalization to spark joy, engage with our ever-evolving customer and help boost the adoption of resale. Have some time to catch up? DM us and let us know. Danielle and ThredUp's newly appointed Head of Sales and Business Development Christine Iovino would be happy to meet up and discuss all things resale! #ShopTalkSpring #ShopTalkVegas #Ecommerce #Personalization #Retail