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Veda Announces Clean Out Resale Program Enabled by ThredUp’s Resale-as-a-Service®

April 22, 2024 (Oakland, Calif. and New York) – Veda, who offers the perfect leather jacket with a focus on fit and leather of the highest quality, announced a Clean Out resale program that allows customers to resell gently-worn items for Veda shopping credit. The program is powered by ThredUp’s Resale-as-a-Service® (RaaS®), which enables the world's leading fashion brands and retailers to deliver customizable, scalable resale experiences to their customers. Veda joins more than 50 other brands offering resale programs through RaaS, including J.Crew, Tommy Hilfiger, and Madewell.

Through the new program, customers can earn Veda shopping credit for sending in gently-worn items. To participate, customers can generate a prepaid shipping label from veda.thredup.com, fill any shippable box or bag with apparel, shoes, and accessories from any brand in their closet, and ship it to ThredUp for free. For items that sell on ThredUp, customers receive Veda credit that can be used both online and in-store.

For more information, please visit veda.thredup.com. To learn more about ThredUp's RaaS, visit raas.thredup.com.

About Veda

Born in Texas and raised by New York City, Lyndsey Butler founded Veda in 2008 on a mission to create the perfect leather jacket; an elegant layer designed to protect against the myriad challenges of modern living. Veda jackets have been a staple amongst celebrities, stylists and influencers since its inception. Most recently Veda made jackets for Taylor Swift’s Eras Tour. And Veda’s ongoing collaboration with everyone's favorite sustainably focused brand, Reformation, has produced sold out collections season after season.

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.