Browsing tag

resale fashion market

EU-Based Secondhand Clothing Marketplace Vinted Raises US$303M With New US$4.5B Valuation

4 Mins Read Clothing and home goods marketplace Vinted recently announced that it closed an all-equity round of EUR€250M (approx. US$303M), and as a result, the company’s value now stands at approx. US$4.5 billion, a significant jump from its end 2019 value of US$1 billion valuation. The European startup’s round was led by purpose-driven global investment firm EQT Growth […]

Lululemon To Test Resale Program, Unveil Collection Featuring Dyes Upcycled From Orange & Beet Waste

4 Mins Read In the fall of last year, global athleisure brand lululemon unveiled its impact agenda, marking its commitment to an equitable and sustainable future, and pledging to limit its environmental impact by creating products from alternative materials and end-of-use solutions.To reaffirm this commitment, the brand will be launching two new sustainable initiatives – the lululemon Like […]