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Younger People Are Shifting to Secondhand Clothes: thredUP CEO

Jul.23 — thredUP Co-founder and CEO James Reinhart discusses what is behind the boom in secondhand clothing sales. He speaks with Emily Chang on “Bloomberg Technology.”

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Jul.23 — thredUP Co-founder and CEO James Reinhart discusses what is behind the boom in secondhand clothing sales. He speaks with Emily Chang on “Bloomberg Technology.”

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12 Comments

12 Comments

  1. Kitamirike Peter

    July 23, 2021 at 10:46 pm

    Poverty is what is really driving the trend

  2. mrPmj00

    July 23, 2021 at 10:52 pm

    =I bought FAANG stocks (Facebook, Apple, Amazon, Microsoft) Netflix, and Intel, Zoom, …
    ___Disney, Wells Fargo, Boeing, Walgreens, IBM, Chevron, DOW, SIEGY, AT&T for the recovery.
    Warren buffet quotes: It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.

    • mrPmj00

      July 24, 2021 at 12:00 am

      @john w Wells Fargo donated ALL the processing fees ($400 million) for distributing the government checks during Covid19, whereas other banks kept

      it as profit.

      %E2%80%9CBy%20donating%20approximately%20%24400%20million,African%20American%20entrepreneurs%20and%20other

    • mrPmj00

      July 24, 2021 at 12:00 am

      @john w I’m a regular working Joe who also invests.
      Well, the returns could be higher but I like to sleep at night
      Overall, I’m up +50% over 1 year since July 2020 so I’m happy.

  3. Enrico Zangari

    July 23, 2021 at 11:04 pm

    Younger people all over the world get paid less. Mini-Jobs and working unpaid overtime is becomming the norm. So poverty is really the driving force behind Second hand.

    • Garrison R

      July 24, 2021 at 6:52 am

      Stop working at mcdonalds maybe.

    • Salentino

      July 24, 2021 at 11:12 am

      @Garrison R even if someone is working at McDonald’s that person should be able to live of the salary they get.

    • Garrison R

      July 24, 2021 at 12:50 pm

      @Salentino Why? Why make someone with no skill comfortable? If they want to live a comfortable live, they should get more skills. When robots take over chains like Mcdonalds, they’ll have no leverage at all because they had no skill.

  4. RJ Santos

    July 23, 2021 at 11:43 pm

    Lol. Happened in the 70’s. It’s called being dirt poor as you try to not wear the same outfit every day. Let’s make being poor sound trendy and new. Assholes

  5. ALBERT

    July 24, 2021 at 12:00 am

    Increase in second hand is an huge hygiene problem in covid era.

  6. hangender

    July 24, 2021 at 1:21 am

    Been shopping at Ross for less all my life. Welcome to the club.

  7. Austin W

    July 24, 2021 at 3:18 am

    TJMaxx and Ross has always been where it’s at

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Former President Trump Speaks and Dell Shares Sink | Bloomberg Technology

Bloomberg’s Ed Ludlow breaks down results from Dell as shares sink after reporting its quarterly results. Plus, Former President Trump weighs in on his guilty verdict, and EU Commissioner Věra Jourová talks about her meetings with tech CEOs on social media, elections and misinformation. 00:00 – Bloomberg Technology Begins 38:00 – Věra Jourová, EU Commissioner…

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Bloomberg’s Ed Ludlow breaks down results from Dell as shares sink after reporting its quarterly results. Plus, Former President Trump weighs in on his guilty verdict, and EU Commissioner Věra Jourová talks about her meetings with tech CEOs on social media, elections and misinformation.

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38:00 – Věra Jourová, EU Commissioner
45:45 – Noelle Acheson, “Crypto is Macro Now” Author
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US Regulators Pave the Way for Ether ETFs

An unexpected sign-off from US regulators last week paved the way for another landmark in the cryptocurrency industry: ETFs investing directly in Ether. Noelle Acheson, author of “Crypto is Macro Now,” joins Ed Ludlow to discuss why she thinks it is not a good product on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg…

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An unexpected sign-off from US regulators last week paved the way for another landmark in the cryptocurrency industry: ETFs investing directly in Ether. Noelle Acheson, author of “Crypto is Macro Now,” joins Ed Ludlow to discuss why she thinks it is not a good product on “Bloomberg Technology.”
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Telegram Is an Issue, EU Commissioner Jourová Says

Věra Jourová, vice president of the European Commission for Values and Transparency, joins Ed Ludlow following her meetings with the CEOs of X, Meta, YouTube, Google, Netflix, and TikTok on the role of AI in tech, the media, and election misinformation. She speaks on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on…

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Věra Jourová, vice president of the European Commission for Values and Transparency, joins Ed Ludlow following her meetings with the CEOs of X, Meta, YouTube, Google, Netflix, and TikTok on the role of AI in tech, the media, and election misinformation. She speaks on “Bloomberg Technology.”
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