Let's Talk Resale artwork

Fashion & Beauty · Trove Inc.

Let's Talk Resale

by Trove Inc.

In 2022 alone, there were 150 billion new garments produced to clothe a world of only 8 billion. 90% of that ends up in landfills. No question, the fashion industry is hurtling toward a reckoning. Here at Trove, we intend to learn, unlearn, and relearn so we can inspire our peers, the industry, and our youth that as a collectively conscious body, we can achieve growth without growing our emissions. Let’s Talk Resale is a foundational series that considers the emerging landscape of resale also known as recommerce. We follow Andy Ruben - Founder and Executive Chair of Trove - as he dives deep into the trends shaping the circular economy. Each episode’s theme will address key issues that brands face when adopting a recommerce platform. We’ll interrogate the nuances of sustainability and discuss the implications of recommerce for brand control. You’ll hear key anecdotes from brands with resale models that are already thriving, such as REI, in addition to a bottom-up approach, where we interview several members of Gen Z, and gain insight into the future consumer. To capture the fast-paced weekly news in the resale industry, we have an episode every Tuesday, The Resale Edit, that highlights the key trends and takeaways for brands and their teams which is hosted by Trove's Head of Content, Samantha Dersarkissian. Subscribe to the accompanying newsletter here. This series is a tour de force that will educate, inspire, and offer insight into Trove’s product and vision. While targeted to thought leaders and luxury executives, all listeners will gain a robust understanding of the state of recommerce. Along the way, you'll come to face the inevitable choice fashion brands must make to stay relevant in the 21st century. Looking for more resale content? Check out www.trove.com

Latest episodes

Showing 20 · updated from the feed

Let's Talk Resale: Circular Business Models Reshaping Business

Join host Andy Ruben, founder of Trove, in a groundbreaking episode where the intersection of business and sustainability takes center stage. Uncover the strategies and i

Nov 22 2023
43 min

Let's Talk Resale: Digital Threads- How Item Digitization is Reweaving Retail's Future

In this episode of "Let’s Talk Resale," we dive into the future of item digitization, where every product will have its own digital identity. Joined by industry leaders,

Oct 13 2023
49 min

Let's Talk Resale: IYKYK...Brands' Next Generation of Customers

Who is the customer of tomorrow? How do they shop? What do brand - and brand values - mean to them? In this second episode of Let’s Talk Resale, we consider brands' fut

May 24 2023
44 min

The Resale Edit: Decoding ThredUp and eBay's Moves to Uncover the Future of Resale

ThredUp and eBay in the News: Decoding Their Moves to Uncover the Future of Resale This Weeks Key Takeaways: Embrace in-house resale channels: While brands can learn from

May 3 2023
5 min

The Resale Edit: Are Recent Handbag Trends a Blip or a Harbinger of a Generational Shift?

This Weeks Key Takeaways: Selling second-hand products has the potential to attract customers in ways that one-off, sustainability-oriented products haven’tBrands and re

Apr 18 2023
9 min

The Resale Edit: Revolutionizing Retail: Why Brands Have an Opportunity to Invest in the Right Circular Model for Their Customers

This Weeks Key Takeaways: Brands will continue to innovate toward a listing/trade-in value proposition that makes sense to their customers. Lululemon and Frye were good

Apr 5 2023
5 min

The Resale Edit: The RealReal's Push Upmarket Creates Opportunity for Competitors and Premium Brands to Gain Share

This Weeks Key Takeaways: Changes at The RealReal present opportunities for others in the resale market.Brands will need to treat emissions with the same level of import

Mar 30 2023
6 min

Let's Talk Resale: 2023 Inaugural Brand Resale Index

What is the state of resale today? Which brands are leading the industry? Where exactly is the industry heading? And … how fast? In this episode of Let’s Talk Resale, w

Mar 13 2023
40 min

The Resale Edit: The Birkin bag...An indicator of the evolving customer shifts in retail

W. David Marx, author of the book Status and Culture was highlighted In a New York Times Style piece this week, on the evolving status symbol of luxury goods. According t

Mar 7 2023
7 min

The Resale Edit: Don't Shame Thrifting Hauls. Celebrate Them.

Jacklyn Wells, a 19-year-old Depop seller posted a TikTok in late January showing off “the most insane thrift haul.” The TikTok quickly went negative, really negative wit

Feb 28 2023
9 min

The Resale Edit: We can’t expect business model change from brands that don’t make money on resale

There are high expectations for resale as pointed out by The Guardian. Next-generation customers will seek out pre-owned items that will allow the fashion industry to aut

Feb 14 2023
7 min

The Resale Edit: Let’s stop talking about ‘more transparency’ and start addressing fashion production

Feb 8 2023
7 min

The Resale Edit: Luxury's Chassé Into Resale: Canada Goose Generations

The secondhand luxury goods market grew 28% in 2022 to reach $45.21 billion, according to Bain & Company and Fondazione Altagamma. This is 1.3X higher than the growth rat

Feb 2 2023
5 min

The Resale Edit: Rolex Certified Pre-Owned - What Every Brand Should be Watching

J. Crew launched its resale program, J Crew Always, with Thredup’s Resale as a Service (RaaS) last week, well-timed to be announced at NRF’s Big Show. Given the existing

Jan 23 2023
7 min

The Resale Edit: Watch Out Brands-Rent the Runway is Now Selling Your Stuff on Amazon

Rent the Runway’s deal with Amazon is a five-alarm fire for brands such as Rag & Bone and Tory Burch. RTR sells pre-owned branded fashion and its own branded pieces on Am

Jan 18 2023
5 min

Let's Talk Resale: Don't Buy This Jacket - A Story with Former Patagonia’s Nellie Cohen

Don't Buy This Jacket - A Story with Former Patagonia’s Nellie Cohen and Trove’s Founder Andy Ruben The birth and evolution of Patagonia’s Worn Wear is a story of confro

Jan 18 2023
47 min

The Resale Edit: All 2023 Predictions Come Down to Staying Close to Your Customers and Offering More Value

It’s been a week of 2023 prediction soup. Nearly all the prediction lists included Resale–some predictions driven by younger customer preferences, some by value in diffic

Jan 11 2023
10 min

The Resale Edit: Why Brands Need To Understand The Structure Of The Resale Market

Happy New Year, and Welcome to what is sure to be a dynamic 2023 for Resale. Let’s start with Glossy’s article, The state of resale in 2023: Competition, consolidation a

Jan 4 2023
7 min

The Resale Edit: 5 Resale Predictions for 2023

5 Resale Predictions for 2023 As the news slows down for the Holidays and New Year, we’d love to share our resale predictions for 2023. Let’s start with how the end of

Dec 21 2022
8 min

The Resale Edit: Borrowing $80M with Interest Rates Tied to GHG Reduction Targets, That’s New

As Sourcing Journal writes, Money Keeps Flowing Into Secondhand Shopping. Yes, and this week we will cover Vestiaire’s $80M in a credit line and Beni’s raise of $4M. Ther

Dec 20 2022
5 min

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