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thredUp thrifting

We love the hunt: combing through rows upon rows of secondhand clothes, discarding and selecting to distinguish the trash from the treasure. The vintage resale market is booming, along with its attendant avenues of sale. This includes physical brick and mortar stores, online marketplaces and vintage platforms like Grailed, Depop, Vestiaire Collective and thredUp.

The latter offers an online place where users can buy and sell high-quality secondhand clothes for as much as 90 per cent off their retail value. And if you’re after designer goods, the platform has recently teamed up with Rent the Runway, where users can buy previously rented designer clothing, as well as shoes, handbags and accessories from brands like Marni, Tori Burch and Oscar de la Renta.

Founded in 2009 by James Reinhart, thredUp started out small with a secondhand clothing line for kids, but then quickly expanded its market to include women’s clothing, high-end designer goods and reused and repurposed items. To date, the company has processed 100 million items and displaced a total of 1 billion lbs of C02e, with consumers saving a total of $3.3B off estimated retail price.

See what’s on offer here.

Isabel Marant launches Vintage Friday

Isabel Marant is the latest brand to enter the resale market, jumping in on a trend that the high fashion cognoscenti refer to as ‘archival fashion’. Vintage or archival fashion is seeing a boom as post-pandemic, younger generations become more environmentally conscious and careful about where and who they spend their money with. As part of Vintage Friday, Isabel Marant is taking donations of secondhand pieces in exchange for vouchers, and they will also sell deadstock garments, shoes and accessories from previous collections. The brand has promised to donate all proceeds to its in-house charity, the Isabel Marant Endowment Fund, which has been set up to support women’s education in indigenous communities.

Find out more here.

IMG Models and the Wall Group’s new mentoring programme

IMG Models and the Wall Group are on the lookout for fashion’s next stars. They’ve just launched a new two-month mentoring programme with the London College of Fashion to help support students develop a new creative project for their portfolio. Applications are open to both undergraduate and graduate students and five will be selected to receive one-on-one mentoring. This is part of a wider industry trend where brands and designers are increasingly taking an interest in developing fresh talent. In April, Mr Porter launched Mr Porter Futures, a new mentoring programme to mark the site’s 100th anniversary. Similarly, earlier this year Chanel partnered with the University of Cambridge to boost the sustainability efforts of its employees. This is refreshing news for anyone wanting to make a name for themselves in the fashion industry today.

More information here.

Victoria Beckham is cutting its prices

British label Victoria Beckham is lowering its prices by 40 per cent and merging its main collection with its diffusion line, in a bid to appeal to a wider audience, Business of Fashion reports. Like many designers, Victoria Beckham has had to rebrand slightly to accommodate for a changed fashion landscape post-pandemic. This has meant appealing to younger demographics who might have fewer resources to spend but are highly clued-in on a garments’ retail and resale value. The brand’s new direction doesn’t signal a drop in quality or fabrication, however; it’s merely a rebirth, and a necessary one at that, with the brand having reported losses for 11 years until 2018.

Shop Victoria Beckham here.