Across the internet, the resale market is blowing up. At the high end, platforms like TheRealReal and StockX are making it easier than ever to buy and sell luxury goods, while ThredUP has become the ...
She started cleaning out her closet in college and realized she could make extra cash by thrifting and reselling.
The report also found that 57% of consumers discover new brands via word of mouth, 41% of them through influencers and 33% through social media marketing. The survey of roughly 8,500 consumers was ...
In the announcement of Poshmark’s acquisition, the companies said the merger aims to combine “Poshmark’s unique discovery-based social shopping platform and deeply engaged community with Naver’s ...
Used clothes, it turns out, are worth a lot of money. Poshmark, which had a hotly-anticipated IPO last week, ended its first day of trading with a valuation of $7.4 billion. It’s a sign that the ...
Poshmark CEO Manish Chandra is relying on Gen Z workers for fashion inspiration, from picking out his outfits to deciding what brands the site should feature. He credited them for keeping him current ...
So much for a year-end IPO slowdown. We’ll have more on the bloc of IPO news in coming posts, but as Poshmark has provided hard numbers and a fascinating business 2020 story, we’ll start here. The ...
Poshmark started eight years ago as a way for women to offload their extra clothes and make money, like a more social eBay where people could comment and share the clothes they liked. It has since ...
Forbes contributors publish independent expert analyses and insights. I write about retail and the forces that are redefining shopping. Poshmark is thinking small. The social commerce resale giant has ...
When Poshmark opened its platform to the sale of home decor items last month, it was a sign that the fast-growing e-commerce company was expanding from a curated fashion app to a lifestyle marketplace ...
A big part of Poshmark’s appeal is the social aspect — users are encouraged to leave comments under listings, and share other sellers’ “closets,” or profiles. In that way, it’s closer to ...
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