Loyalty360 Reads: ThredUp Report Shows Growing Resale Trend, Barclays Named Official Bank for New York Liberty, and West Elm App Improves Customer Experience

ThredUp Report Shows Resale Grew Faster than Retail in 2023  According to a report by the online resale platform ThredUp, the resale apparel market grew seven times faster in 2023 than the retail clothing market. ThredUp’s 12th Annual Resale Report highlighted other significant findings, such as more than half of respondents (55%) saying they will spend more money on secondhand if the nation’s economy remains sluggish. Moreover, the secondhand apparel market is expected to reach $350 billion worldwide by 2028 and is....