The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
This financing round was led by prominent venture investor John Doerr, whose firm Kleiner Perkins has funded the likes of Rent the Runway and The Wing.
Tradesy, a peer-to-peer luxury resale marketplace, was founded in 2012 by Tracy DiNunzio, who serves as chief executive. The company’s new funding, announced Thursday, Sept. 16, will go toward category expansion, including a foray into menswear, as well as new technology that makes product search and discovery easier for the consumer.
Alongside the new funding round, Tradesy announced two new hires: VC veteran Amy Gershkoff Bolles as chief operating officer and former SoftBank advisor Jeffrey Housenbold as board chairman.
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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.
The company, under siege from Arkhouse Management Co. and Brigade Capital Management, doesn’t need the activists when it can be its own, writes Andrea Felsted.
As the German sportswear giant taps surging demand for its Samba and Gazelle sneakers, it’s also taking steps to spread its bets ahead of peak interest.
A profitable, multi-trillion dollar fashion industry populated with brands that generate minimal economic and environmental waste is within our reach, argues Lawrence Lenihan.
RFID technology has made self-checkout far more efficient than traditional scanning kiosks at retailers like Zara and Uniqlo, but the industry at large hesitates to fully embrace the innovation over concerns of theft and customer engagement.