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With $175 Million Infusion, Secondhand Fashion Giant ThredUp Plots Its Future

Retailer will launch new platform to expand resale options

thredup high heel orange shoes stilletos resale market fashion
The company estimates the resale market will be worth $51 billion by 2023.ThredUP
By Ann-Marie Alcántara

August 21, 2019

As fast fashion retailers continue to grapple with growing consumer demand for transparency, online secondhand retailers like Poshmark and The RealReal—which went through an IPO in June—are continuing to evolve.

Ann-Marie Alcántara

Ann-Marie Alcántara is a tech reporter for Adweek, focusing on direct-to-consumer brands and ecommerce.

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