thredUP accepts about half of what is sent to them. Damaged items and clothing without size tags are among the criteria that would cause a garment to be rejected. All clothing goes through a multipoint inspection. Aaronson provided samples from brands like Madewell, Levi's and Staud. It's an Instagram generation and resale has that unique ability for you to find that stuff that other people don't have."ĪBC7 News anchor Jobina Fortson met up with thredUP's brand director, Madeline Aaronson, to see some of their items for herself. "I think people now, especially young people, don't want what everybody else has," Reinhart said. Not to mention, thrifting has become increasingly popular in recent years. According to thredUP company data, if everyone bought one secondhand clothing item instead of new this year, it would save in carbon emissions the equivalent of taking 76 million cars off the road for a day. Zara, H&M and Shein are just a few that dominate that market. Fast fashion is the biggest culprit.įast fashion refers to cheaply made and priced clothing that looks a lot like designer items. It continues to be the second-largest consumer of water and 85% of all textiles go to dumps each year. MORE: Fashion brand for girls making going green easy for customers this Earth DayĪccording to FairPlanet, the fashion industry emits up to 10% of global carbon emissions, which is more than the European Union. Reinhart admits that he didn't set out to make an environmental impact, but overtime it's become a central focus of the business. "I thought that the idea that we buy stuff and then eventually we just give it away and it ends up in a landfill at some point, just to me felt like a broken system," Reinhart said. The company sells more than 55,000 brands across 100 product categories. ThredUP is one of the world's largest online consignment and thrift stores where you can sell and buy secondhand clothes and accessories for women and kids. We just do luxury.' I thought, well but this stuff has real value, it just doesn't have value to me." "So, I went to a local consignment store to sell them after school that day, took these bags in and stood in line, and I got to the front and the woman said, 'Oh we don't take these things. "The true story is, I was getting dressed one morning and I had a closet full of clothes that I wasn't going to wear," James Reinhart, thredUP's co-founder and CEO, said. Fast forward to 2023, and Oakland-based thredUP is gracing the TIME 100 list of Most Influential Companies. (KGO) - In 2009, the iPhone 3GS was released, President Obama was inaugurated, and a company called thredUP was born. © 2023 Long-Term Stock Exchange, including its affiliate, LTSE Services, Inc. Such forward-looking statements include, but are not limited to, projections relating to LTSE or a LTSE-listed company’s future financial results or statements that are not historical facts. This material may contain forward-looking statements regarding LTSE or a LTSE-listed company that are based on the current beliefs and expectations of management, are subject to significant risks and uncertainties, and which may differ from actual results. Investors should undertake their own due diligence regarding securities and investment practices. Past performance is not indicative of future results. Representations and warranties of any kind are disclaimed, except to the extent disclaimer is prohibited by law. Information provided by a LTSE-listed company or other third-party is not endorsed or guaranteed by LTSE. Long-Term Stock Exchange (“LTSE”), including its affiliate, LTSE Services, Inc., does not recommend or make any representation as to possible benefits from any securities or investments, or third-party products or services. The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice or an offer to buy or sell any securities.
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