Thrift+

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Thrift+ is an online platform specializing in second-hand clothing sales. The company operates a unique business model that allows individuals to send in their pre-owned clothes, which Thrift+ then photographs, prices, and lists for sale on their website. This service simplifies the process of selling used clothing for customers who lack the time or inclination to manage individual sales themselves. Thrift+ offers a wide variety of clothing items, including popular and high-end brands, at significantly reduced prices compared to their original retail value. The company emphasizes sustainability by promoting the reuse of clothing, thereby contributing to waste reduction in the fashion industry. Thrift+ employs a quality grading system for their items, providing transparency to buyers about the condition of each piece. If items do not sell through the platform, Thrift+ donates them to charity, further reinforcing their commitment to sustainability and waste reduction.

Key customers and partnerships

Thrift+ caters to environmentally conscious consumers looking for affordable, quality second-hand clothing. The platform has gained a following among shoppers seeking branded items at discounted prices, with customers mentioning purchases of high-end brands like Armani at a fraction of their original cost. User reviews indicate a growing base of repeat customers who appreciate the platform's wide selection, quality assurance, and contribution to sustainable fashion practices. Thrift+ also maintains a presence on eBay, expanding its reach to a broader audience of online shoppers interested in second-hand clothing.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
London GBR
Founded year:
2017
Employees:
11-50
IPO status:
Private
Total funding:
USD 1.9 mn
Last Funding:
USD 1.2 mn (Seed; Apr 2020)
Last valuation:
-
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