Latest news with #resale
Yahoo
2 days ago
- Business
- Yahoo
Galatasaray: Victor Osimhen expected, contract details revealed
The transfer fee is set at €75 million, payable over several seasons: €40 million upfront and two installments of €17.5 million within the next 12 months. Additionally, Galatasaray will owe 10% of any future resale. An anti-Italy clause is also included for the next two years.
Yahoo
6 days ago
- Business
- Yahoo
Magnolia Pearl Launches Philanthropy-Driven Resale Platform, Donating Up to 100% of Proceeds to Charity
MALIBU, Calif., July 23, 2025 (GLOBE NEWSWIRE) -- Magnolia Pearl, the international fashion brand known for its distinct, artisan-crafted garments, has announced the official launch of Magnolia Pearl Trade, a resale platform designed to extend the life cycle of its products while directing proceeds to charitable organizations. The platform, launched in 2023, enables Magnolia Pearl collectors to list and purchase authenticated, pre-loved Magnolia Pearl pieces in a secure, moderated online marketplace. In a significant departure from typical resale sites, Magnolia Pearl Trade donates up to 100% of proceeds from select transactions to a range of charities through the Magnolia Pearl Peace Warrior Foundation, the brand's non-profit arm founded in 2020. All listing fees and 25% of final sale prices on Magnolia Pearl's exclusive listings—and in some cases, 100%—are donated to causes that include housing and healthcare for Indigenous American veterans, food and medical care for the housing insecure and their pets, disaster relief efforts, and arts education for underserved children. 'Magnolia Pearl Trade is an extension of their commitment to sustainability and service,' said a long time collector. 'From the beginning, this company has been about mending—not just clothes, but communities. This platform allows our customers to participate in that mission directly.' Magnolia Pearl garments, known for their distinctive distressed aesthetic, patchwork, and hand-applied details, have long enjoyed a robust secondary market, with collectors often reselling pieces well above their original retail price due to their rarity and artisanal quality. Magnolia Pearl Trade formalizes this resale activity within a secure environment while aligning it with the brand's philanthropic goals. Magnolia Pearl also uses the platform to auction rare production samples and long-sold-out items that are unavailable elsewhere. This model ensures that unsold inventory avoids the landfill while raising funds for charity. 'At a time when so much is wasted, this is their way of keeping beauty in circulation while giving back,' said a customer we connected with. 'It's about honoring where we've come from and creating something that serves everyone involved, from our collectors to those who benefit from these donations.' Since its founding, Magnolia Pearl has expanded from a single handmade backpack in Brown's kitchen to a global brand sold in more than 400 boutiques worldwide, as well as online and through flagship stores in Fredericksburg, Texas and Malibu, California. The launch of Magnolia Pearl Trade represents a strategic step forward for the company as it seeks to meet rising consumer interest in resale, sustainability, and purpose-driven purchasing. The global resale market, valued at $227 billion in 2024, continues to grow rapidly as consumers seek alternatives to fast fashion and disposable culture. The Magnolia Pearl Peace Warrior Foundation reports that it has raised over $550,000 to date, supporting a wide range of vetted, grassroots organizations across the United States. About Magnolia Pearl Magnolia Pearl is an international clothing brand founded in 2002 by designer Robin Brown. Known for its distinctive, handcrafted garments that celebrate imperfection and storytelling, Magnolia Pearl operates flagship stores in Fredericksburg, Texas and Malibu, California, and is sold in over 400 boutiques worldwide. The company's commitment to sustainability and philanthropy is embodied in its Magnolia Pearl Peace Warrior Foundation, which supports charities focused on housing, healthcare, disaster relief, and the arts. For more information about Magnolia Pearl, Magnolia Pearl Trade, or the Magnolia Pearl Peace Warrior Foundation, please visit Contact Information: Organization / Company: Magnolia PearlCompany website: Email Address: press@ A photo accompanying this announcement is available at in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Forbes
7 days ago
- Business
- Forbes
The Price Revolution: How Economic Reality Is Redefining Resale
(Photo by AAron Ontiveroz/The Denver Post) The romantic notion of resale as a treasure hunt for vintage gems has shifted. What we're witnessing instead is the emergence of resale as the ultimate discount channel, where consumers hunt for deals on everyday brands rather than one-of-a-kind finds. From Curation to Calculation The evolution tells the story. Resale began as Hollywood glamour—think Madonna's eclectic style in "Desperately Seeking Susan" or Carrie Bradshaw's vintage discoveries. This was fashion as self-expression, where secondhand meant distinctive. The 2010s digitized this experience through ThredUp, The RealReal, and Poshmark, but still positioned resale through the lens of sustainability and unique discovery. That era is changing. According to Circana, a data and technology company, one-third of consumers purchased apparel from online resale sites in the past 12 months. Their primary motivation? Price. Half of resale shoppers made purchases specifically because items were good deals. Meanwhile, only 23% were seeking hard-to-find pieces—less than half the number chasing discounts. This represents a seismic behavioral shift: consumers are predominantly shopping accessible brands on resale platforms. In fact, more consumers claimed to be shopping on resale for Mass/Specialty brands (34%) that those shopping for Luxury or Designer brands (31%). This isn't about aspirational shopping anymore—it's about stretching purchasing power. In an inflationary environment where tariffs threaten to push clothing prices even higher, resale offers consumers access to the same brands they'd buy new, just at sustainable price points. The Economic Catalyst The timing isn't coincidental. As tariffs and import costs rise, new apparel prices may face upward pressure that directly benefits secondhand alternatives. This economic reality is transforming resale from a niche market to a mainstream alternative. ThredUp's annual report shows U.S. secondhand apparel grew 15% in 2024 and is expected to continue on a growth trajectory through 2029. But the real story isn't growth rate; it's market positioning. Resale is no longer competing with vintage boutiques—it's competing with department store sales floors. The Male Opportunity Here's where conventional understanding of resale may miss the mark: men are driving resale adoption more aggressively than women. Thirty-four percent of men shopped resale sites in the past year versus 29% of women. Looking forward, 44% of men plan to shop resale in the next 12 months compared to just 34% of women. This 10-point intention gap signals untapped potential that most platforms are ignoring. While resale marketing continues targeting female sustainability advocates, male consumers are quietly embracing the channel. Brands and platforms focusing on this demographic could capture disproportionate growth. The Generational Engine Younger consumers aren't just buying secondhand—they're creating circular commerce loops. Among 18-34 year olds, 46% have sold clothing via resale, turning their closets into profit centers. The recent Klarna-Poshmark partnership recognizes this behavior, enabling "buy now, sell later" strategies that justify higher initial spending through future resale value. This generational approach fundamentally alters purchase decisions. When consumers factor resale value into buying choices, they're more likely to invest in quality pieces that retain value—potentially benefiting premium brands while pressuring fast fashion. What This Means for Retail's Future The implications extend far beyond resale platforms. As secondhand shopping becomes mainstream price comparison, traditional retailers face a new competitive reality. Every new item now competes against its secondhand equivalent, forcing brands to justify premium pricing through quality, experience, or immediate availability. Retailers ignoring this shift risk obsolescence. Those embracing it—through certified pre-owned programs, trade-in initiatives, or resale partnerships—position themselves within the circular economy rather than outside it. The resale revolution isn't about sustainability or vintage charm anymore. It's about economic survival in an increasingly expensive world. And that makes it infinitely more powerful.
Yahoo
16-07-2025
- Business
- Yahoo
Market to Grow by 14.7% in 2025, Reaching $1.67 Billion
The Malaysia recommerce market is poised for robust growth, with projections showing a 14.7% annual increase, reaching US$1.67 billion by 2025 and US$2.67 billion by 2029. The report offers a comprehensive analysis, detailing market opportunities across C2C and B2C channels, resale formats, and consumer behavior. Malaysian Recommerce Market Dublin, July 16, 2025 (GLOBE NEWSWIRE) -- The "Malaysia Recommerce Market Intelligence Databook - 60+ KPIs, Market Size, Share & Forecast by Channel, Category & Consumer Segment - Q2 2025 Update" report has been added to recommerce market in Malaysia is expected to grow by 14.7% on annual basis to reach US$1.67 billion in 2025. The recommerce market in the country experienced robust growth during 2020-2024, achieving a CAGR of 18.3%. This upward trajectory is expected to continue, with the market forecast to grow at a CAGR of 12.4% during 2025-2029. By the end of 2029, the recommerce market is projected to expand from its 2024 value of USD 1.46 billion to approximately USD 2.67 billion. This report provides a detailed data-centric analysis of the recommerce market in Malaysia, covering market opportunities and risks across consumer segments (peer-to-peer and business-led resale); product categories; sales channels; and resale formats. With over 60+ KPIs at the country level, this report provides a comprehensive understanding of recommerce market offers a comprehensive analysis of market dynamics in the recommerce market, segmented by recommerce channels (C2C, B2C, trade-in programs), sales models (resale, rental, refurbishment), platform types (generalist and vertical-specific), digital engagement (app, website, social media), and retail categories (electronics, apparel, home goods, and more). In addition, it provides a snapshot of consumer behaviour, device usage, payment preferences, and city-level penetration across Tier 1 to Tier 3 cities. Reasons to Buy Market Insights for Growth and Innovation: Navigate the future direction of the recommerce market by understanding business models adopted by key players - including resale, refurbishment, and rental formats. Leverage market share estimates to assess innovation, positioning, and growth opportunities. In-depth Understanding of Recommerce Market Dynamics: Gain a detailed view of market structure and growth trends across core sectors such as retail shopping, automotive, and home improvement. Understand key drivers shaping recommerce adoption through 2029. Value and Volume KPIs for Market Sizing: Utilize gross merchandise value (GMV), transaction volume, and average transaction value at the national level to quantify the overall market opportunity with precision. Competitive Landscape and Market Share Intelligence: Benchmark against leading recommerce players using market share data across categories and channels. Inform strategic decisions by understanding the current and emerging competitive landscape. Channel-Level and Digital Engagement Insights: Identify high-growth channels including C2C, B2C, and retailer-led trade-in programs. Track consumer activity across app, web, and social platforms to align digital strategies with behavior. Consumer Segmentation and Demand Patterns: Target growth opportunities by analyzing consumer behavior segmented by age group, income level, gender, and city tier. Adapt business models to evolving spending dynamics and platform preferences. Key Attributes: Report Attribute Details No. of Pages 83 Forecast Period 2025 - 2029 Estimated Market Value (USD) in 2025 $1.67 Billion Forecasted Market Value (USD) by 2029 $2.67 Billion Compound Annual Growth Rate 12.4% Regions Covered Malaysia ScopeThis report offers a comprehensive, data-centric analysis of the recommerce market in Malaysia, supported by 40+ tables and 55+ charts. The databook provides detailed forecasts and key performance indicators across transaction value, volume, and market share trends from 2020 to 2029. Below is a summary of the key market segments covered:Malaysia Recommerce Market Size and Growth Dynamics Gross Merchandise Value (GMV) Trend Analysis Average Transaction Value Trend Analysis Transaction Volume Trend Analysis Malaysia Recommerce Market Size and Forecast by Sector Retail Shopping Home Improvement Other Sectors Malaysia Recommerce Market Size and Forecast by Retail Category Apparel & Accessories Consumer Electronics Home Appliances Home Decor & Essentials Books, Toys & Hobbies Automotive Parts & Accessories Sports & Fitness Equipment Other Product Categories Malaysia Recommerce by Channel Consumer-to-Consumer (C2C) Business-to-Consumer (B2C) Retailer Trade-In & Buyback Programs Malaysia Recommerce by Sales Model Resale Rental Refurbishment & Certified Pre-Owned Malaysia Recommerce by Digital Engagement Channel Website-Based Resale App-Based Resale Social Media Driven Resale Malaysia Recommerce by Platform Type Generalist Marketplaces Vertical-Specific Platforms Malaysia Recommerce by Device and OS Mobile vs Desktop Android, iOS Malaysia Recommerce by City Tier Tier 1 Cities Tier 2 Cities Tier 3 Cities Malaysia Recommerce by Payment Instrument Credit Card Debit Card Bank Transfer Prepaid Card Digital & Mobile Wallets Other Digital Payments Cash Malaysia Recommerce Market Share Analysis Market Share by Key Players Competitive Landscape Overview Malaysia Recommerce by Consumer Demographics Market Share by Age Group Market Share by Income Level Market Share by Gender For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Malaysian Recommerce Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
16-07-2025
- Business
- Yahoo
Brand-Led Resale and In-Store Logistics to Shape UK Recommerce Evolution
UK's recommerce market set to grow 10.7% annually, reaching $8.12 billion by 2025. Evolving from C2C resale to structured brand-led models, electronics and apparel drive this shift. Key players like Vinted, eBay UK, and Currys facilitate logistics and refurbishment, aligning with sustainability goals and Gen Z preferences. United Kingdom Recommerce Market Dublin, July 16, 2025 (GLOBE NEWSWIRE) -- The "United Kingdom Recommerce Market Intelligence Databook - 60+ KPIs, Market Size, Share & Forecast by Channel, Category & Consumer Segment - Q2 2025 Update" report has been added to recommerce market in United Kingdom is expected to grow by 10.7% on annual basis to reach US$8.12 billion in 2025. The recommerce market in the country experienced robust growth during 2020-2024, achieving a CAGR of 13.6%. This upward trajectory is expected to continue, with the market forecast to grow at a CAGR of 9.0% during 2025-2029. By the end of 2029, the recommerce market is projected to expand from its 2024 value of USD 7.33 billion to approximately USD 11.45 billion. This report provides a detailed data-centric analysis of the recommerce market in United Kingdom, covering market opportunities and risks across consumer segments (peer-to-peer and business-led resale); product categories; sales channels; and resale formats. With over 60+ KPIs at the country level, this report provides a comprehensive understanding of recommerce market dynamics. The UK recommerce market is transitioning from generalist resale platforms to a verticalized ecosystem supported by refurbishment infrastructure, logistics partnerships, and regulatory readiness. Players across electronics, fashion, and household categories are consolidating category dominance while collaborating with logistics and resale service enablers. Recent regulatory consultations (e.g., EPR for textiles) and investor interest in circular startups are reshaping strategic positioning. Recommerce in the United Kingdom Is Shifting from Informal Resale to Circular Retail IntegrationThe UK recommerce market is evolving from fragmented consumer-to-consumer (C2C) resale into structured, brand-led and infrastructure-backed models. Electronics and apparel are driving this shift, with major brands adopting recommerce to align with sustainability regulations and Gen Z resale preferences. Platforms like Vinted, eBay UK, and Currys' trade-in program are institutionalizing resale through logistics, refurbishment, and the next 2-4 years, recommerce in the UK will formalize through brand-led resale, in-store logistics integration, and platform specialization. Electronics and apparel will remain the largest segments. Regulatory drivers like EPR and evolving consumer preferences - especially among younger cohorts - will sustain momentum. Infrastructure investment by platforms and retailers will move the market beyond informal resale into structured, circular Recommerce Is Evolving into Hybrid Rental-Resale Models UK electronics recommerce is moving beyond trade-in toward hybrid rent-resell models. Currys' "Cash for Trash" and "Trade-in and Save" programs remain active, while MusicMagpie is expanding its refurbished phone rental service into new categories like gaming consoles. EE and BT have extended device exchange within upgrade plans, but with increased attention to repair and reuse. High inflation and cost-of-living pressures are pushing consumers toward lower upfront costs. Retailers and telcos are adapting with longer lifecycle models. Retailers must also comply with WEEE (Waste Electrical and Electronic Equipment) obligations. Rental-to-reuse models are expected to scale alongside traditional trade-in. MusicMagpie's rental program will influence market design, while WEEE compliance will keep resale volumes within domestic channels. Apparel Brands Are Complying with EPR Through Domestic Recommerce Infrastructure UK fashion brands are setting up internal recommerce pathways, driven by compliance needs. In 2024, Joules (owned by Next) launched a resale pilot with Reskinned. COS and Jigsaw now use Thrift+, a UK-origin resale-as-a-service platform. ASOS has integrated resale within its marketplace. The UK government's upcoming Extended Producer Responsibility (EPR) for textiles, expected by 2026, mandates brand accountability for post-consumer waste. Unlike U.S. brands that use tech partners like Trove, UK brands are collaborating with domestic logistics-powered platforms such as Thrift+ and Reskinned. Recommerce in UK apparel will expand primarily as a legal compliance mechanism. More brands will implement white-label resale operations to meet EPR and maintain brand control over resale pricing. Retailers Are Embedding Recommerce into In-Store Reverse Logistics UK retailers are leveraging their physical store networks to manage recommerce collection and processing. Decathlon UK, IKEA, and John Lewis have all expanded in-store take-back programs, offering customers vouchers in exchange for returned items (sports gear, furniture, clothing). In-store take-back reduces last-mile costs and increases footfall. John Lewis's "Buy Back" furniture program and IKEA's "Green Friday" resale initiative align with UK consumer preferences for local returns and environmental consciousness. The post-Brexit shift toward domestic circular models is also shaping logistics planning. More retailers will design omnichannel recommerce pathways that integrate in-store drop-off with digital resale channels. These programs will be especially important as reverse logistics costs rise and consumer participation in take-back schemes increases. Platform Recommerce Is Consolidating Through Domestic Verticalization Post-Brexit UK-based recommerce platforms are verticalizing in response to reduced cross-border resale. Vinted (with a major UK user base), eBay UK, and MusicMagpie are investing in UK warehousing and focusing on category-specific logistics (fashion, tech, media respectively). Brexit reduced cross-border recommerce flows, pushing UK platforms like MusicMagpie to shift toward domestic sourcing and refurbishment verticals. Vinted has built local fulfillment capabilities to align with UK demand. Inflation has reinforced the value of localized operations. Platform models will grow more infrastructure-heavy. UK fulfillment and repair hubs will become essential. EU regulatory spillovers will still impact design, particularly in digital waste and packaging requirements. Circular Consumption Is Accelerating Through Payment and Discovery Integrations Circular economy adoption is growing among UK consumers, particularly Gen Z. Thrift+ and Loop have expanded resale access, and Klarna UK has integrated secondhand discovery via partner listings. The UK's Net Zero Strategy and EPR consultation for textiles, combined with high inflation and youth demand for affordability, are accelerating behavior change. Gen Z consumers purchased secondhand in the past six months. Unlike in the U.S., where resale financing is emerging through BNPL providers, UK platforms like Klarna focus on secondhand discovery and curation through partner apps. Circular shopping will integrate deeper into digital payment and search journeys. Loyalty programs, resale aggregators, and embedded resale apps will become key consumer touchpoints. Competitive Landscape in the United Kingdom Is Becoming Verticalized and Infrastructure-Led Brand-owned and platform recommerce will intensify in electronics and fashion due to EPR enforcement and shifting consumer preference toward verified resale. Logistics and repair infrastructure players like Reskinned and Twig will gain importance as ecosystem enablers. Investment is likely to increase in technology solutions (e.g., digital product passports, repair diagnostics, recommerce data platforms) that aid compliance and circularity. Larger generalist platforms (like Amazon or Shopify) are currently not major players in UK recommerce, but retail entry remains a potential disruptor in 2-4 years. Competitive Intensity Is Increasing in Category-Specific Ecosystems Fashion recommerce is dominated by peer platforms and brand-collaborations Vinted UK remains the most actively used peer-to-peer resale app for fashion, expanding its warehouse and logistics operations to the UK in 2024. Depop (UK-based, owned by Etsy) targets Gen Z and has integrated resale features that focus on style curation and social selling. Thrift+ powers resale-as-a-service for brands like COS and Jigsaw, enabling branded resale experiences. Electronics recommerce is led by retail-led and circular-native platforms MusicMagpie, a UK-based electronics recommerce company listed on AIM, processes and resells consumer electronics and media. Currys operates one of the largest trade-in programs for used electronics, with logistics partnerships for reverse collection. EE and O2 telecom providers also offer structured device trade-ins integrated into upgrade cycles. Furniture and general goods recommerce is seeing early platform-led structuring IKEA UK has scaled its "Buy Back" and refurbished furniture resale pilot in multiple cities. John Lewis has entered the recommerce space via trial programs in furniture and fashion through in-store take-backs and partnerships. New Entrants and Specialist Enablers Are Strengthening the Value Chain. Recommerce logistics and resale enablers are scaling operations Reskinned, a textile recommerce enabler, has partnered with Joules, Finisterre, and River Island to manage take-back, repair, and resale. Zedify, a sustainable logistics provider, partners with circular retailers for low-emission recommerce deliveries in urban zones. Twig, a fintech-meets-recommerce startup, offers instant cash-out for secondhand fashion and electronics, integrating fintech tools into circular retail. Retailer-led partnerships are intensifying In 2023-24, Sweaty Betty partnered with Reskinned to roll out brand-owned resale. Marks & Spencer integrated a digital wardrobe cleanup and resale flow through Thrift+, promoting brand-owned resale journeys. Decathlon UK scaled trade-in for sports equipment with in-store and online resale integration. Key Attributes: Report Attribute Details No. of Pages 83 Forecast Period 2025 - 2029 Estimated Market Value (USD) in 2025 $8.12 Billion Forecasted Market Value (USD) by 2029 $11.45 Billion Compound Annual Growth Rate 9.0% Regions Covered United Kingdom For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment United Kingdom Recommerce Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
