Former executive of Pigu Hobby Hall Group and eMAG to lead ThredUp’s European business as the company’s General Manager of Europe Long-time ThredUp executive Dan DeMeyere to transition back to the U.S. business as Chief Product and Technology Officer after running international business OAKLAND,
OAKLAND, Calif., April 08, 2024 (GLOBE NEWSWIRE) -- ThredUp (NASDAQ: TDUP, LTSE: TDUP), one of the largest online resale platforms for apparel, shoes, and accessories, announced today that its financial results for the first quarter ended March 31, 2024 will be released on Monday, May 6, 2024 after
New study finds 60% of consumers say shopping secondhand apparel gives them the most bang for their buck; 55% say they’ll spend more on secondhand if the economy doesn’t improve. Branded resale saw continued momentum in 2023, with 31% year-over-year growth; 163 brands now offer resale shops.
OAKLAND, Calif., March 05, 2024 (GLOBE NEWSWIRE) -- ThredUp (NASDAQ: TDUP, LTSE: TDUP), one of the largest online resale platforms for apparel, shoes, and accessories, announced today that CEO and co-founder James Reinhart and CFO Sean Sobers will participate in the following investor conference:
Quarterly revenue of $81.4 million, representing an increase of 14% year-over-year. Fourth quarter gross margin of 61.9% and an increase in gross profit of 12% year-over-year, which included a $1.9 million inventory write-off in Europe, an impact of 230 basis points to gross margin.
OAKLAND, Calif., Feb. 05, 2024 (GLOBE NEWSWIRE) -- ThredUp (NASDAQ: TDUP, LTSE: TDUP), one of the largest online resale platforms for apparel, shoes, and accessories, announced today that its financial results for the fourth quarter and full year ended December 31, 2023 will be released on Monday,