Resale marketplace taps fashion tech executive to help further resale innovation ThredUp Inc. (NASDAQ:TDUP, LTSE: TDUP)), one of the largest online resale platforms for apparel, shoes, and accessories, today announced the appointment of fashion tech executive, Danielle Vermeer, to the newly created role of Head of Social Commerce, effective January 2025. Vermeer will spearhead ThredUp's efforts to make resale more engaging and accessible to a wider audience through innovative shopping experiences. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241112325660/en/With more than thirteen years of experience in ecommerce, fashion tech

Former executive of Pigu Hobby Hall Group and eMAG to lead ThredUp's European business as the company's General Manager of Europe Long-time ThredUp executive Dan DeMeyere to transition back to the U.S. business as Chief Product and Technology Officer after running international business ThredUp (NASDAQ:TDUP, LTSE: TDUP))), one of the largest online resale platforms for apparel, shoes, and accessories, today announced the appointment of Florin Filote as the company's General Manager of Europe. With nearly two decades of experience in retail and ecommerce with an emphasis on building and scaling marketplace businesses, Filote will oversee the company's European business operations, which

Former Match Group Executives Bring 54 Years of Collective Experience to Further Strengthen Advent's Consumer Technology Practice Advent International ("Advent"), one of the largest and most experienced global private equity investors, today announced the appointments of Shar Dubey and Mandy Ginsberg as Operating Partners. Dubey and Ginsberg will play key roles in further building out Advent's consumer technology practice and work collaboratively with the firm's consumer and technology investment teams and the management teams of its portfolio companies. Dubey and Ginsberg bring substantial experience in building digital communities and scaling disruptive global businesses, having each pr

Paramount Group, Inc. (NYSE:PGRE) ("Paramount" or the "Company") announced today that it has appointed Paula Sutter to its Board of Directors (the "Board") as an independent director, effective immediately. With the addition of Ms. Sutter, Paramount's Board now comprises ten members, nine of whom are independent. "Paula is a highly experienced business executive who brings added depth and perspective to our Board of Directors," said Albert Behler, Chairman, Chief Executive Officer and President of Paramount Group. "Her appointment is also in keeping with our commitment to increase the number of women on the Board. Paula will be a valuable addition to the Board and we look forward to workin

OAKLAND, Calif., Feb. 24, 2022 /PRNewswire/ -- thredUP (NASDAQ:TDUP), one of the largest resale platforms for women's and kid's apparel, shoes, and accessories, today announced that Seth Levey has joined the company as its first-ever Head of Public Policy and Sustainability. In this role, Levey will lead government affairs and policy initiatives that drive impact by encouraging widespread adoption of circular business models with an emphasis on apparel reuse. He will also oversee thredUP's broader Environmental, Social, and Governance (ESG) efforts. Levey will report to Alon Rotem, Chief Legal Officer of thredUP.

Third quarter Total revenue of $73.0 million, a decrease of 11% year-over-year. U.S. Total revenue of $61.5 million, a decrease of 10% year-over-year. Third quarter Gross margin of 71.2% and a decrease in Gross profit of 8% year-over-year. U.S. Gross margin of 79.3% and a decrease in U.S. Gross profit of 9% year-over-year. Active Buyers of 1.632 million and Orders of 1.553 million in Q3 2024, representing decreases of 7% and 14%, respectively, year-over-year. U.S. Active Buyers of 1.248 million and Orders of 1.172 million in Q3 2024,  representing a decrease of 7% and a decrease of 10%, respectively, year-over-year. ThredUp has signed a non-binding term sheet for a management buyout of its E

OAKLAND, Calif., Oct. 07, 2024 (GLOBE NEWSWIRE) -- ThredUp (NASDAQ:TDUP, LTSE: TDUP))), one of the largest online resale platforms for apparel, shoes, and accessories, announced today that its financial results for the third quarter ended September 30, 2024 will be released on Monday, November 4, 2024 after the close of the U.S. markets. ThredUp will host a conference call and live webcast that day at 1:30 p.m. PT / 4:30 p.m. ET. The live and archived webcast and all related earnings materials will be available at ThredUp's investor relations website: ir.thredup.com/news-events/events-and-presentations. About ThredUp ThredUp is transforming resale with technology and a mission to

Second quarter revenue of $79.8 million, representing a decrease of 4% year-over-year.Second quarter gross margin of 70.4% and an increase in gross profit of 1% year-over-year.Active Buyers of 1.7 million and Orders of 1.7 million in Q2 2024, representing a decrease of 3% and a decrease of 6%, respectively, year-over-year.Evaluating strategic alternatives for its European business; providing Q3, Q4, and updated FY 2024 guidance for both consolidated and U.S. only operations. OAKLAND, Calif., Aug. 05, 2024 (GLOBE NEWSWIRE) -- ThredUp Inc. (NASDAQ:TDUP, LTSE: TDUP))), one of the largest online resale platforms for apparel, shoes, and accessories, announced today its financial results for th

OAKLAND, Calif., July 08, 2024 (GLOBE NEWSWIRE) -- ThredUp (NASDAQ:TDUP, LTSE: TDUP))), one of the largest online resale platforms for apparel, shoes, and accessories, announced today that its financial results for the second quarter ended June 30, 2024 will be released on Monday, August 5, 2024 after the close of the U.S. markets. ThredUp will host a conference call and live webcast that day at 1:30 p.m. PT / 4:30 p.m. ET. The live and archived webcast and all related earnings materials will be available at ThredUp's investor relations website: ir.thredup.com/news-events/events-and-presentations. About ThredUp ThredUp is transforming resale with technology and a mission to inspire the

First quarter revenue of $79.6 million, representing an increase of 5% year-over-year.First quarter gross margin of 69.5% and an increase in gross profit of 8% year-over-year.Active Buyers of 1.7 million and Orders of 1.7 million in Q1 2024, representing an increase of 4% and an increase of 9%, respectively, year-over-year.Issued an updated 2024 financial outlook, including positive adjusted EBITDA margin in the range of 2.0% to 4.0% and positive free cash flow on an annual basis. OAKLAND, Calif., May 06, 2024 (GLOBE NEWSWIRE) -- ThredUp Inc. (NASDAQ:TDUP, LTSE: TDUP))), one of the largest online resale platforms for apparel, shoes, and accessories, announced today its financial results f

OAKLAND, Calif., April 08, 2024 (GLOBE NEWSWIRE) -- ThredUp (NASDAQ:TDUP, LTSE: TDUP))), one of the largest online resale platforms for apparel, shoes, and accessories, announced today that its financial results for the first quarter ended March 31, 2024 will be released on Monday, May 6, 2024 after the close of the U.S. markets. ThredUp will host a conference call and live webcast that day at 1:30 p.m. PT / 4:30 p.m. ET. The live and archived webcast and all related earnings materials will be available at ThredUp's investor relations website: ir.thredup.com/news-events/events-and-presentations. About ThredUp ThredUp is transforming resale with technology and a mission to inspire the wo

Quarterly revenue of $81.4 million, representing an increase of 14% year-over-year.Fourth quarter gross margin of 61.9% and an increase in gross profit of 12% year-over-year, which included a $1.9 million inventory write-off in Europe, an impact of 230 basis points to gross margin.Record full year revenue of $322.0 million, representing 12% growth year-over-year. Full year gross margin of 66.4% and gross profit growth of 11% year-over-year.Record Active Buyers of 1.8 million and Orders of 1.8 million in Q4 2023, representing year-over-year growth of 9% and 17%, respectively. Record annual orders of 6.9 million, representing growth of 6% year-over-year. OAKLAND, Calif., March 04, 2024 (G

OAKLAND, Calif., Feb. 05, 2024 (GLOBE NEWSWIRE) -- ThredUp (NASDAQ:TDUP, LTSE: TDUP))), one of the largest online resale platforms for apparel, shoes, and accessories, announced today that its financial results for the fourth quarter and full year ended December 31, 2023 will be released on Monday, March 4, 2024 after the close of the U.S. markets. ThredUp will host a conference call and live webcast that day at 1:30 p.m. PT / 4:30 p.m. ET. The live and archived webcast and all related earnings materials will be available at ThredUp's investor relations website: ir.thredup.com/news-events/events-and-presentations. About ThredUp ThredUp is transforming resale with technology and a missio

Quarterly revenue of $82.0 million, representing an increase of 21% year-over-year.U.S. business reached quarterly adjusted EBITDA breakeven for first time in company's history.Third quarter gross margin of 69.0% and an increase in gross profit of 27% year-over-year.Record Active Buyers of 1.8 million and Orders of 1.8 million in Q3 2023, representing an increase of 4% and an increase of 11%, respectively, year-over-year.Continue to grow its Resale-as-a-Service (RaaS) client roster, launching new programs with Beyond Yoga, Smartwool, and Journeys.Recognized as one of TIME 100's Most Influential Companies of 2023 and Digiday's WorkLife 50 Awards. OAKLAND, Calif., Nov. 06, 2023 (GLOBE NEWSW

OAKLAND, Calif., Oct. 09, 2023 (GLOBE NEWSWIRE) -- ThredUp Inc. (NASDAQ:TDUP, LTSE: TDUP))), one of the largest online resale platforms for apparel, shoes, and accessories, announced today that its financial results for the third quarter ended September 30, 2023 will be released on Monday, November 6, 2023 after the close of the U.S. markets. thredUP will host a conference call and live webcast that day at 1:30 p.m. PT / 4:30 p.m. ET. The live and archived webcast and all related earnings materials will be available at thredUP's investor relations website: ir.thredup.com/news-events/events-and-presentations. About thredUPthredUP is transforming resale with technology and a mission to

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