By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Lifestyle UgandaLifestyle Uganda
  • Home
  • News
    • International News & Politics
    • Education
    • Sports
    • Money & Finance
    • Mobile and Telecommunication
    News
    Lifestyle Uganda brings you the latest news and information on Africa, Wizkid, Azawi, and Eddy Kenzo right from the heart of the industry.
    Show More
    Top News
    Lycamobile Uganda data bundles and voice (1)
    Lycamobile Uganda: 4 Most Frequently Asked Questions & Answers
    5th November 2021
    Who is John Blaq: Biography, Profile and Life Story of Kashada John
    Who is John Blaq: Biography, Profile and Life Story of Kashada John
    19th September 2020
    Maro, Maurice Kirya Help German singer Mark Forster Cross Over With "Chip In"
    Maro, Maurice Kirya Help German singer Mark Forster Cross Over With “Chip In”
    17th November 2018
    Latest News
    $10,000 Donated by Exness to Help 2022 Nigerian Flood Victims
    20th January 2023
    Former Brazilian Minister of Sports Pele Died at the Age of 82
    30th December 2022
    37 Visa Exempt Countries to Uganda: A Complete List
    7th December 2022
    Who is Patrick Oboi Amuriat: Biography, Early Life, Family, Education, Career and Controversies
    28th November 2022
  • Business
  • Entertainment
    • Music
    • Celebrity
    • Biography
    • Lifestyle
      • Fitness
      • Pop Culture
      • Recipes
      • Travel/Culture
    Entertainment
    With Lifestyle Uganda Entertainment you will be able to get the latest news from Uganda, Nigeria, Kenya, South Africa entertainment, celebrity gossip, films, TV shows,…
    Show More
    Top News
    Lycamobile Uganda data bundles and voice (1)
    Lycamobile Uganda: 4 Most Frequently Asked Questions & Answers
    5th November 2021
    Who is John Blaq: Biography, Profile and Life Story of Kashada John
    Who is John Blaq: Biography, Profile and Life Story of Kashada John
    19th September 2020
    Bobi Wine and Barbie Share First Joint Magazine Cover
    Bobi Wine and Barbie Share First Joint Cover on Parents Magazine in Kenya
    3rd November 2018
    Latest News
    Nominations for the 2023 Oscars: Tems Nominated for Lift Me Up
    25th January 2023
    London’s Tottenham Hotspur Stadium to Host Massive Wizkid Show
    24th January 2023
    Tickets, Lineup, and Dates for Afro Nation Portugal 2023
    23rd January 2023
    Winners of the All Africa Music Awards 2022/2023: Burna Boy, Davido
    21st January 2023
  • Fashion
    • Beauty Trends
    • Accessories
    • Hair
    • Lipstick
    • Makeup
    • Skincare
    FashionShow More
    lifestyleuganda.com__Fenty Beauty appoints Nikita Kering as brand ambassador (1)
    Rihanna’s Fenty Beauty Appoints Nikita Kering As Brand Ambassador
    1st June 2022
    nowthendigital.com__Balenciaga to accept cryptocurrency payments (1)
    Fashion Label Balenciaga to Accept Cryptocurrency Payments in the U.S.
    28th May 2022
    Nicki Minaj at met gala 2022 (1)
    See Nicki Minaj, Hillary Clinton, Elon Musk, Alicia Keys and More at the 2022 Met Gala
    3rd May 2022
    lifestyleuganda.com-Judith Heard wins Miss Environment Africa International
    Judith Heard wins Miss Environment Africa International in India
    4th April 2022
    lifestyleuganda.com__judith heard india miss environment contest (1)
    Miss Environment International 2022: Judith Heard arrives in India
    22nd March 2022
  • Health & Living
  • Tips & Advice
Search
© 2023 Lifestyle Uganda. All Rights Reserved.
Reading: Walmart Partners With Thredup to Expand Fashion Offerings
Share
Sign In
Notification Show More
Latest News
partnership of Liquid Intelligent Technologies with Nokia
Liquid Intelligent Technologies and Nokia Partner to Drive Africa’s Innovation
Sponsored by APO GroupAPO Group
ashwagandha benefits
Ashwagandha: What Is It and How Does It Work?
Health & Living
Tems at 2023 Oscar nominations
Nominations for the 2023 Oscars: Tems Nominated for Lift Me Up
Entertainment Music
Wizkid announces London Date 29th July 2023
London’s Tottenham Hotspur Stadium to Host Massive Wizkid Show
Entertainment Music
burna boy afro nation 2023
Tickets, Lineup, and Dates for Afro Nation Portugal 2023
Entertainment Music
Aa
Lifestyle UgandaLifestyle Uganda
Aa
  • Home
  • News
  • Business
  • Entertainment
  • Health & Living
Search
  • Home
  • News
    • International News & Politics
    • Education
    • Sports
    • Money & Finance
    • Mobile and Telecommunication
  • Business
  • Entertainment
    • Music
    • Celebrity
    • Biography
    • Lifestyle
  • Fashion
    • Beauty Trends
    • Accessories
    • Hair
    • Lipstick
    • Makeup
    • Skincare
  • Health & Living
  • Tips & Advice
Have an existing account? Sign In
Follow US
© 2023 Lifestyle Uganda. A Now & Entertainment Media Company. All Rights Reserved.
Lifestyle Uganda > Blog > Business > Walmart Partners With Thredup to Expand Fashion Offerings
BusinessFashionNews

Walmart Partners With Thredup to Expand Fashion Offerings

Jacob Mugwana
Last updated: 2020/05/30 at 10:22 AM
Jacob Mugwana
Share
3 Min Read
Walmart Partners With Thredup
Walmart has entered the reseller market, now partners with ThredUp. PHOTO/SHUTTERSTOCK
SHARE

Walmart has officially entered the reseller market, now partners with ThredUp to expand fashion offerings.

Walmart Partners With Thredup
Walmart has entered the reseller market, now partners with ThredUp. PHOTO/SHUTTERSTOCK

This week, Walmart launched a new platform in conjunction with ThredUp, an online thrift store where users can buy and sell famous clothes. 

ThredUp, known for its excellent deals on used designer products, now allows Walmart customers to purchase designer labels at regular Walmart prices.

Walmart is also a fashion focus

Walmart has tried to enter the fashion market for many years, but with little success. Before its partnership with ThredUp, Walmart carried only a small sampling of designer lines, in addition to its in-house George brand, which offers simple, affordable staples.

But Walmart has recognized that offering a wide variety of brand names will be key to boosting its apparel segment, particularly among young consumers looking for designer labels. 

- Advertisement -

Furthermore, recent trends demonstrate that shoppers are less disgusted with buying secondhand clothing, which is thought to be less harmful to the environment than mass-produced clothing.

SEE ALSO  COVID-19 Pandemic: The US Is Not Ready To Reopen

Now, Walmart’s partnership with ThredUp gives customers access to hundreds of brands such as Coach, Armani and Nike, while leaning on the general acceptance of lightly used clothing.

Impact of contract

“This partnership is our latest step towards establishing Walmart.com as the venue for fashion,” boasted Denise Incandela, fashion head of Walmart e-commerce. But how exactly does it affect Walmart’s bottom line?

It is not clear how the profit margin of second-hand clothing will stack up against the profitability of new, Walmart-made clothing. 

Making cheap George-brand clothing costs less than buying second-hand designer clothes for Walmart, but the company is betting that the designer can use it to mark-up and maintain margins. 

- Advertisement -

A generic article of George-brand clothing costs $20 to $40, and a good condition designer item may sell for $100, but it is still considered a theft.

Walmart is not the only retailer that tests on ThredUp’s services. Fellow bricks and mortar chain Macy’s has partnered with ThredUp in the past, opening small, in-store thrift stores in select locations.

SEE ALSO  Google Street View to heavily impact Kenya’s tourism sector

While Macy acknowledges that resale has never proved to be a cash cow, thrift store pop-ups have successfully attracted younger shoppers.

- Advertisement -

But the real winner in this deal is ThredUp, a relatively low-profile company that will gain great visibility from its partner with Walmart.

Suggest an edit? WhatsApp +256781873083

Share this:

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)
  • Click to share on Pinterest (Opens in new window)
  • More
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Tumblr (Opens in new window)

Related

You Might Also Like

MTN MoMo Now Offers Self-Initiated Reversal for Mobile Customers

Shelter Afrique Approves USD13 Million Credit Line for Mixta Africa

Why You Should Consider Forex Trading in South Africa

Landmark Africa Receives a USD24 Million Housing Loan From Shelter Afrique

5 Ways the Internet is Helping Businesses Grow

TAGGED: Macy’s partnered with ThredUp, ThredUp, ThredUp online Thrift Store, Walmart, Walmart Expand Fashion Offerings, Walmart Partners With Thredup, Walmart partnership with ThredUp, Walmart's partnership with ThredUp

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
I have read and agree to the terms & conditions
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Jacob Mugwana 30th May 2020
Share this Article
Facebook Twitter Whatsapp Whatsapp Reddit Copy Link
Share
By Jacob Mugwana
Follow:
Am an aspiring international media journalist, a nominee for Abryanz Style and Fashion Awards 2014 and 2015, and I help provide companies with tips & recommendations for improving their social media presence. WhatsApp +256781873083.
Previous Article Premier League and Serie A confirm return English Premier League, and Italy’s Serie A Confirm Return
Next Article Lady Gaga releases Chromatica Lady Gaga Returns with “Chromatica”, Her 6th Studio Album
Leave a comment Leave a comment

Leave a Reply Cancel reply

Stay Connected

45.2k Followers Like
5.1k Followers Follow
213 Followers Pin
35.6k Followers Follow
11k Subscribers Subscribe
400 Followers Follow
- Advertisement -

Latest News

partnership of Liquid Intelligent Technologies with Nokia edit
Liquid Intelligent Technologies and Nokia Partner to Drive Africa’s Innovation
Business Technology & Science 2nd February 2023
ashwagandha benefits edit
Ashwagandha: What Is It and How Does It Work?
Health & Living 25th January 2023
Tems at 2023 Oscar nominations edit
Nominations for the 2023 Oscars: Tems Nominated for Lift Me Up
Entertainment Music 25th January 2023
Wizkid announces London Date 29th July 2023 edit
London’s Tottenham Hotspur Stadium to Host Massive Wizkid Show
Entertainment Music 24th January 2023

Follow Us

//

At Lifestyle Uganda, we inform, entertain, and inspire action through the content we create — empowering you to live a celebrity life.

Quick Link

  • Home
  • News
  • Business
  • Entertainment
  • Health & Living

Top Categories

  • About Us
  • Send a Tip
  • Terms of Use
  • Privacy Policy
  • Contact

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

I have read and agree to the terms & conditions
Lifestyle UgandaLifestyle Uganda
Follow US

© 2023 Lifestyle Uganda. A Now & Entertainment Media Company. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

I have read and agree to the terms & conditions
Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
 

Loading Comments...
 

    Welcome Back!

    Sign in to your account

    Lost your password?