Global retailer Walmart has partnered with thredUP, a resale platform for fashion and accessories at mass-market prices, thereby foraying into the fashion resale segment. Customers will now be able to shop over 750,000 pre-owned items across women’s and children’s clothing, accessories, footwear and handbags on Walmart.com.
According to thredUP’s 2020 Annual Resale Report, 70% of consumers have bought or are now willing to buy second-hand. The partnership with thredUP will help to establish Walmart.com as a destination for fashion and offer customers pre-owned items they might be looking for.
Also read: Closets of the future
“Over the last few years, we’ve focused on expanding our assortment of quality, on-trend, accessible fashion to help customers outfit themselves no matter their personal style or budget. In fact, we’ve added nearly 1,000 brands to our online assortment, including national brands like Champion, Jordache and Levi Strauss. We also offer private label brands Time and Tru, Terra & Sky, Wonder Nation and George, and customers love our exclusive, elevated brands like Scoop, Sofia Jeans by Sofia Vergara and EV1 by Ellen DeGeneres,” said Denise Incandela, head of fashion, Walmart US e-commerce.
Alongside offering attractive pricing, garments available are chosen based on quality and condition. In addition, customers will be able to avail Walmart’s free shipping option on orders of $35 or more and free returns to Walmart stores or thredUP.
“We are excited to join forces with Walmart to power a sustainable, second-hand shopping experience unlike any other. From Calvin Klein and Nike to Coach and Michael Kors, this digital partnership enhances Walmart’s fashion offering with fresh brands at amazing prices that their customers will love,” added Jenn Volk, director of product management, thredUP.
Overall, the fashion resale market has been growing due to consumers’ choice to shop sustainably and clothing rental is a trendy option. More recently, the COVID-19 has contributed to significant changes in consumption patterns. Amidst a lot of uncertainty, consumers around the world are considering curbing non-essential consumption, which could add fillip to the re-commerce industry. Moreover, when events and gatherings resume, a pent-up demand for formal wear could further boost the fashion resale market.
However, a setback could be heightened hygiene concerns in the post-COVID world. Consumers might become wary about buying pre-owned or renting clothes.
Words by Farimah Moeini, Snapchat Head of Industry – Retail and Travel TheJuly 5, 2021 | By RetailME Bureau
Snapchat has been betting big on Augmented Reality’s (AR) retail future consideringJune 22, 2021 | By Jibran Chouguley
Nando’s has revealed their revamped Sheikh Zayed Road outlet where newcomers and
UAE-based Al Maya Group announced that it will be boosting import of
UAE-based grocery retail chain, Grandiose has opened its first hypermarket in Abu
UAE-based Carrefour announced its theme and plans for Ramadan 2021. The brand
Locally owned supermarket Spinneys celebrates 60 years of doing business in the
UAE-based Carrefour will become the first retailer in the region to offer new levels
The Organic Farmers’ Market is back in Bay Avenue for its 12th
UAE-based Lulu Group recently inaugurated its first-ever all-female staff store in Jeddah,
Jones the Grocer, the gourmet grocer and cheese retailer launches the Jones
UAE-based Al Maya Supermarkets is hosting a two-week food festival at select
Locally-owned supermarket Spinneys has launched its ‘Power of Plants’ initiative in the
Adidas has opened its first store wholly dedicated to women at the
Off-price retailer BFL (Brands For Less) Group has announced the opening of
“The fashion industry will need to ‘slow down’ so that people can
E-commerce giant Amazon’s founder Jeff Bezos has stepped down as CEO, handing
American clothing retailer, PVH has increased the number of active job advertisements
Extravagant, conceptual, great food and views are some of the ways that
As the UK begins to return to normality, Father’s Day shoppers are
Abu Dhabi’s state investment company ADQ is in talks to invest about $500 million
Netflix has announced the launch of its e-commerce platform where show merchandise
Hong Kong-based Giordano International Limited announced that it has entered into an
SHEIN customers in Saudi and the UAE can now benefit from its