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FARFETCH Launches Donate Service in US, Powered by New White Label Offering from thredUP s Resale-as-a-ServiceⓇ

FARFETCH Launches Donate Service in US, Powered by New White Label Offering from thredUP s Resale-as-a-ServiceⓇ Following the successful launch of FARFETCH Donate in the UK in 2019, the donation service is now available in the US. Consumers can donate clothes they no longer wear to earn FARFETCH credits and raise money for charity. https://www.farfetch.com/stories/positively-farfetch/donate.aspx FARFETCH Donate US will run on thredUP s Resale-as-a-ServiceⓇ(RaaSⓇ), the technology and logistics platform that powers circular fashion experiences for brands and retailers. FARFETCH is the first partner to leverage thredUP s white label offering through RaaSⓇ. News provided by Share this article

Vera Bradley Inc (VRA) Q1 2022 Earnings Call Transcript

thredUP will power resale for Vera Bradley, serving the surge of consumers who plan to refresh their closets

Share this article Share this article OAKLAND, Calif., May 11, 2021 /PRNewswire/  ThredUp Inc. (NASDAQ: TDUP), one of the largest resale platforms for women s and kids apparel, shoes, and accessories, today announced that it will power resale for Vera Bradley through Resale-as-a-Service Ⓡ (RaaS Ⓡ). The announcement coincides with the release of new data from thredUP s upcoming 2021 Resale Report revealing that 80% of U.S. consumers (266 million people), plan to refresh their closets once the pandemic is over. As consumers start dressing up and traveling again, they are looking to refresh their wardrobes. We re thrilled to power an easy and sustainable way for shoppers to earn credit towards Vera Bradley s vibrant patterns and travel bags, said Pooja Sethi, thredUP s SVP of RaaS

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