ThredUp’s Resale-as-a-ServiceⓇ selected as a Good Housekeeping 2024 Sustainable Innovation Award Winner

Oakland, CA, February 20, 2024 - ThredUp, the largest online resale platform for apparel, shoes, and accessories, today announced that ThredUp’s Resale-as-a-ServiceⓇ was named a Best of Apparel winner in Good Housekeeping’s 2024 Sustainable Innovation Awards in the apparel category. The full list of awards can be found here.

With its Resale-as-a-ServiceⓇ offering, ThredUp is powering resale for some of the world’s leading fashion brands and retailers. With white-label, turn-key solutions that are customizable and scalable, ThredUp is supporting industry players in adopting more circular business models and creating a more sustainable future for fashion. ThredUp’s Resale-as-a-ServiceⓇ serves brands across the apparel ecosystem and powers resale programs for global brands like Tommy Hilfiger and J. Crew to heritage brands like Madewell and Michael Stars. The global secondhand apparel market is set to reach $350 billion by 2027, according to ThredUp’s 2023 Resale Report, and 159 brands have resale shops, according to ThredUp’s Recommerce 100.

Learn more about ThredUp’s Resale-as-a-ServiceⓇ at raas.thredup.com.

About ThredUp

ThredUp is transforming resale with technology and a mission to inspire the world to think secondhand first. By making it easy to buy and sell secondhand, ThredUp has become one of the world's largest online resale platforms for apparel, shoes and accessories. Sellers love ThredUp because we make it easy to clean out their closets and unlock value for themselves or for the charity of their choice while doing good for the planet. Buyers love shopping value, premium and luxury brands all in one place, at up to 90% off estimated retail price. Our proprietary operating platform is the foundation for our managed marketplace and consists of distributed processing infrastructure, proprietary software and systems and data science expertise. With ThredUp’s Resale-as-a-Service, some of the world's leading brands and retailers are leveraging our platform to deliver customizable, scalable resale experiences to their customers. ThredUp has processed over 172 million unique secondhand items from 55,000 brands across 100 categories. By extending the life cycle of clothing, ThredUp is changing the way consumers shop and ushering in a more sustainable future for the fashion industry.

Contacts

Media
Christina Berger
media@thredup.com

Resale-as-a-Service
Ann Starodaj
raas@thredup.com