Skip to main content
BoF Logo

The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.

Farfetch Partners With ThredUp on US Resale Service

Farfetch partners with Thredup on US resale service and Browns partners with The Restory for repair service. The Restory.
Farfetch partners with Thredup on US resale service and Browns partners with The Restory for repair service. The Restory.

The online luxury marketplace said Thursday it is partnering with the US-based resale platform to help customers thrift their old clothes for charity and store credit.

The company will offer branded “clean out kits” customers can fill with unwanted clothes and accessories that are then sent for sale on ThredUp. Sellers donate at least 50 percent of what they make to their choice out of a selection of charities and receive the rest in Farfetch credit. The move expands on Farfetch’s existing resale initiatives. The company already has a version of the programme, known as Farfetch Donate, running in the UK and an option for customers to sell pre-loved handbags in exchange for Farfetch credit through its Second-Life service.

Other circular initiatives include a repair service in partnership with The Restory that launched in February. Browns, the retailer Farfetch acquired in 2015, launched a partnership with the London-based aftercare service this week. Browns said it has also launched a tailoring service this month in partnership with Zegna, and is working with six jewellery brands on a customisation service.

summit_watch_jewellery_2021

The Future of Fashion Resale Report — BoF Insights

BoF’s definitive guide to fashion resale, covering the evolution of the market, its growth and upside, consumer behaviours and recommendations for crafting a data-driven resale strategy. To explore the full report click here.

The Future of Fashion Resale is the first in-depth analysis to be published by the BoF Insights Lab, a new data and analysis unit at The Business of Fashion providing business leaders with proprietary and data-driven research to navigate the fast-changing global fashion industry.

Editor’s Note: This article was revised on 1 July 2021. A previous version of this article stated that Farfetch offers customers an option to sell pre-loved handbags through its site . That is incorrect. Customers may sell pre-loved handbags through Farfetch’s Second Life service in exchange for credit.

In This Article

© 2024 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions

More from Retail
Analysis and advice from the front lines of the retail transformation.
view more

Subscribe to the BoF Daily Digest

The essential daily round-up of fashion news, analysis, and breaking news alerts.

The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.
CONNECT WITH US ON
The Business of Beauty Global Forum
© 2024 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions, Privacy Policy, Cookie Policy and Accessibility Statement.
The Business of Beauty Global Forum