[mind Retail exclusive] How second-hand goods are set to grow at Tara Jarmon and Zapa Europe Behind the scenes at the mind Retail Day conference in Paris on May 21, Laura Marquant, Managing Director of Tara Jarmon and Zapa, exclusively unveiled her circular roadmap. Accelerating second-hand sales with Faume, increasing collection volumes, gradual roll-out in stores... This shift towards circularity is already having an impact on customer acquisition and generating more sales opportunities.
Vinted triples net margin in a year and launches investment fund Europe Profitable for the second year running, Vinted is accelerating expansion in Europe, expanding logistics offering and venturing into venture capital with a fund dedicated to re-commerce.
In a booming second-hand market, 2nd Street continues Asian expansion Asia Japanese second-hand specialist 2nd Street continues to expand, opening a first store in Singapore at the end of April in the 313@Somerset centre (26,800 sq.m of net leasable area).…
Ebay improves search engine with AI to filter fast deliveries Americas Europe After reporting revenue of US$10.28 billion in 2024, up 2% at constant rate, and a net margin ratio of 19.2% of sales (a fall of 8.2 points),…
With Faume, Soeur launches into second-hand goods via an omnichannel approach Europe On February 26, 2025, the French fashion brand Soeur (turnover of €65 million in 2024, up by 30% in a year via 54 points of sale in Europe) rolled out a second-hand platform “…
Free Fashion: second-hand players call for an end to resale taxation Americas Europe In both the U.S.A. and Europe, federations and players in the circular fashion sector are campaigning for an end to double taxation, especially tax applied to resale margins, which applies to professional retailers.
Back Market takes a step into physical retail with Bouygues Telecom Americas Europe In the U.S.A. and France, Back Market is moving up the value chain and joining forces with Verizon and Bouygues. The marketplace is also due to sell via 15 stores.
Ikea and Walmart rely on marketplaces to boost second hand sales Americas While Walmart is introducing new categories of second-hand products to its marketplace, Ikea is testing a version of C2C digital marketplace. While this approach has not been successful for fashion retailers, what does the future hold for furniture?
Start-up under the microscope How Enhancy, with a model of automation and AI, wants to industrialise the second-hand sector Optical Character Recognition, automated photo retouching and pricing... Enhancy, a SaaS company specialising in optimising the online resale of 2nd hand products (household appliances and fashion), won the Startup Award at Tech for Retail and is now accelerated at EuraTechnologies. Having just added a new client from the 2nd hand luxury goods sector, CEO Alexandre Fristot presented his AI and Gen-AI-based technological soluction to mind Retail.
Galeries Lafayette enters second-hand jewellery and watch market Europe In Paris, Galeries Lafayette sees second-hand as a ‘drive to store’ opportunity. On June 23, the chain opened Hojo Vintage in the Haussmann flagship store,…