These forward-looking statements are subject to a number of risks, uncertainties and assumptions. ![]() The words "believe," "may," "will," "estimate," "continue," "anticipate," "intend," "expect," "predict" and similar expressions are intended to identify forward-looking statements. Forward-looking statements include all statements that are not historical facts. This release contains forward-looking statements. By extending the life cycle of clothing, thredUP is changing the way consumers shop and ushering in a more sustainable future for the fashion industry. thredUP has processed over 125 million unique secondhand items from 35,000 brands across 100 categories. With thredUP's Resale-as-a-Service, some of the world's leading brands and retailers are leveraging our platform to deliver customizable, scalable resale experiences to their customers. Our proprietary operating platform is the foundation for our managed marketplace and consists of distributed processing infrastructure, proprietary software and systems and data science expertise. Buyers love shopping value, premium and luxury brands all in one place, at up to 90% off estimated retail price. Sellers love thredUP because we make it easy to clean out their closets and unlock value for themselves or for the charity of their choice while doing good for the planet. By making it easy to buy and sell secondhand, thredUP has become one of the world's largest online resale platforms for women's and kids' apparel, shoes and accessories. ThredUP is transforming resale with technology and a mission to inspire a new generation of consumers to think secondhand first. Any such appearance does not imply any affiliation with or endorsement of thredUP. research and internal thredUP customer and brand performance data.ĭisclosure: All third-party brand names and logos appearing in this report are trademarks or registered trademarks of their respective holders. thredUP’s Resale Report also leverages data from the following sources: Green Story Inc. fashion retailers and brands in January and February 2022 to gather their opinions on resale. ![]() Further, for the purpose of this report, GlobalData conducted a January 2021 survey of 3,500 American adults over 18, asking specific questions about their behaviors and preferences for secondhand. These inputs are used by analysts to model and calculate market sizes, channel sizes, and market shares. GlobalData’s assessment of the secondhand market is determined through consumer surveys, retailer tracking, official public data, data sharing, store observation, and secondary sources. All rights reserved.ThredUP’s Annual Resale Report contains research and data from GlobalData, a third-party retail analytics firm. ![]() © 2023 Long-Term Stock Exchange, including its affiliate, LTSE Services, Inc. Such forward-looking statements include, but are not limited to, projections relating to LTSE or a LTSE-listed company’s future financial results or statements that are not historical facts. This material may contain forward-looking statements regarding LTSE or a LTSE-listed company that are based on the current beliefs and expectations of management, are subject to significant risks and uncertainties, and which may differ from actual results. Investors should undertake their own due diligence regarding securities and investment practices. Past performance is not indicative of future results. Representations and warranties of any kind are disclaimed, except to the extent disclaimer is prohibited by law. Information provided by a LTSE-listed company or other third-party is not endorsed or guaranteed by LTSE. Long-Term Stock Exchange (“LTSE”), including its affiliate, LTSE Services, Inc., does not recommend or make any representation as to possible benefits from any securities or investments, or third-party products or services. The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice or an offer to buy or sell any securities.
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