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Etsy said the acquisition would help it capture the ever-expanding second-hand clothing sector, which is expected to be worth $64billion in the United States by 2024.
Simon Beckerman, a 47-year-old British-Italian entrepreneur, who was born in Milan and lives in London, founded Depop in 2011. The deal will also rake in a generous return for venture capital firms.
Resale Fashion Websites: The Best on the Internet Right Now The Best Resale Fashion Sites Online Right Now Highsnobiety / Paul Jeong The Highsnobiety Better Earth Manual is a guide for style enthusiasts in the age of ecological crisis — a crisis caused in part by the fashion itself. Here, you’ll find a growing set of resources about conscious consumption and the pioneers who are making change in our industry. As the demographic of the luxury customer shifts, it makes sense that the shopping method does too. As streetwear and luxury continue to merge — and as we, the consumers, become i...
Simon Beckerman founded clothes-selling app Depop in 2011. Now, having raised more than £80 million in equity funding, it boasts 25 million users