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Resale’s on Track for $50 Billion and Gap Wants to Be a Part of it

Join Theory, Google, H&M, McKinsey, Foot Locker, Lafayette 148, LL Bean, the Retail Prophet and more at Sourcing Journal’s Virtual Sourcing Summit, R/Evolution: Overhauling Fashion’s Outmoded Supply Chain, Oct 14 & 15.

Online secondhand marketplace ThredUp is partnering with Gap Inc. on a new program designed to encourage shoppers to participate in the resale economy. In a statement Thursday, Gap Inc. revealed that it would offer shopping credits for Gap, Banana Republic, Athleta, and Janie and Jack to consumers who turn in worn apparel through ThredUp’s Resale-as-a-Service (RAAS) platform. The program…

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