Trove is at the forefront of the branded resale and trade-in industry, providing brands with a robust platform to efficiently launch, manage, and scale their resale programs. Commanding over 75% of the U.S. branded resale market, Trove is trusted by industry leaders such as Canada Goose, Carhartt, Michael Kors, Patagonia, On, and Steve Madden. Trove’s platform features advanced tools, including in-store and digital trade-ins, returns processing, non-new inventory management, resale site building and management, Shopify integration, and peer-to-peer capabilities. These features empower brands to connect with new customers across all demographics, optimize resale strategies with comprehensive analytics, and maintain seamless operations across multiple channels. As a Certified B Corporation, Trove is more than just a technology provider; it is a catalyst for sustainability in retail, driving the industry toward a future where commerce and environmental responsibility go hand in hand.
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BÉIS, the luggage brand founded by actress Shay Mitchell, is giving bags an upgrade with its new resale program called "Second Béis." The company spoke with Modern Retail about it. In this piece by Julia Waldow, we speak to Elizabeth Money, Terry Boyle of Trove, Darpan Seth of Nextuple Inc, and Michael Prendergast of Alvarez & Marsal.
Trove is excited to announce the rollout of a new partner: BÉIS! 🧳🎒👜 Today, BÉIS, a leading on-the-go travel and lifestyle brand, announced the launch of Second BÉIS, providing customers with access to gently used best-selling products, including weekenders, rollers, backpacks, and commuter totes/duffles, through a seamless e-commerce experience. Second BÉIS is powered by Trove’s resale operations and Shopify integration technology. The shopping experience includes mixed-cart functionality, enabling customers to combine new and used products in a single checkout for convenience. Trove’s Recommerce Warehouse Management System (ReWMS) manages logistics – from inspecting items to intelligently routing them to their optimal selling channel or next-best-use outcome – and ensures efficient integration of inventory data into BÉIS’ existing commerce stack, an approach that drives scalable business impact and high customer satisfaction. We’re thrilled to be supporting BÉIS’ expansion and reach to a new generation of shoppers, while maintaining the brand experience and functionality their current customers love. We can’t wait to see how Second BÉIS takes off! ✈️ Thanks to Modern Retail’s Julia Waldow for covering! https://lnkd.in/e_2GqCPw #TroveRecommerce #TravelPartner #ResaleInnovation
Consumer returns often have a bigger impact than expected when it comes to a brand’s revenue, sustainability progress, operations, and overall customer experience. Trove Board of Directors Member (and former CEO) Gayle Tait joined a panel of experts, including Optoro CEO Amena Ali, Loop Co-Founder and CEO Jonathan Poma, Two Boxes Co-Founder and CEO Kyle Bertin, G2 Reverse Logistics Co-Founder and CEO Julian Mitchell, on the eCom Logistics Podcast to discuss how innovation in the resale space enables brands to power trade-in and resale programs, helping them recapture value from returned items and reduce environmental impact. Listen in on the conversation around innovation and reverse logistics operations here: https://lnkd.in/gPNgpRUc
Brands looking to enter the resale business are often faced with challenges, including limited team members to help structure and manage this sustainability venture. That’s where Trove comes in. With our market-leading resale technology, including in store and digital trade-ins, returns processing, non-new inventory management, resale site building and management with peer-to-peer expertise, operational network, and Shopify integrations, Trove helps brands and their resale teams quickly launch their programs, in as little as 4 weeks, for a more circular future. Thank you to The Business of Fashion’s Sheena Butler-Young for mentioning us as one of the top software providers equipping brands with the tools they need! We love being a resource for businesses who are starting to, if not already, view resale as a fundamental business move. #TroveRecommerce #SustainableRetail #ResaleInnovation #CircularEconomy #ClothingResale
The secondhand fashion market is booming, and Trove is at the forefront of this revolution. Resale is set to more than double by 2028, reaching $44 billion in the U.S. alone. Trove CEO Terry Boyle spoke with Forbes’ Pamela Danziger on how the company is enabling brands to “test the waters in resale and grow that segment of their business while contributing to the bottom line”. With a full suite of front-end and back-end solutions, Trove commands over 75% of U.S. branded resale traffic, working with partners like Arc'teryx, Clare V., Michael Kors, and REI. As the secondhand fashion industry takes off, we’re excited to see more brands participate! #SustainableFashion #Resale #CircularEconomy #FashionIndustry #Trove
Pinterest released its Fall 2024 Trend Report, featuring exciting predictions for the season’s trends in fashion, including nature-inspired patterns and layering to be top of mind for shoppers. While these trends can be a fun way for consumers to express their styles, participating in seasonal microtrends can also contribute to the estimated 92 million tons of textile waste produced by the industry each year. How can resale help consumers stay warm as the weather gets colder? 🛍 Shopping secondhand can help shoppers locate apparel finds with unique patterns, standing out from mass-produced alternatives. 🛍 Layering on top of existing wardrobe items can help avoid overconsumption and encourage investing in high-quality, gently-used items. 🛍 Supporting brands with resale programs, like Trove partners The Frye Company, Canada Goose and Patagonia, makes for an easy choice when locating brands that offer earthy prints. By keeping these methods in mind, brands and consumers can work together to ensure the fashion industry does not compromise on style or sustainability. By integrating Trove’s market-leading resale technology, including in store trade-ins, digital trade-ins, returns processing, non-new inventory management, and resale site building and management with peer-to-peer expertise, operational network, and Shopify integrations, Trove can equip brands with the tools they need to quickly launch their own programs for a more circular future. #TroveRecommerce #SustainableFashion
This year’s Footwear Distributors and Retailers of America (FDRA)'s Shoe Sustainability & Innovation Summit brought together innovative industry leaders and sustainability experts to discuss the future of eco-friendly footwear. In case you missed it, Trove CEO Terry Boyle spoke on its “Rethinking Sustainable Marketing” panel. Thank you to the FDRA team, leaders from Archive, KEEN, ISA TanTec Ltd, and UBC Sauder School of Business’ Professor of Marketing & Behavioural Science Dr. Kate White, for the insightful conversation! Trove was honored to have the opportunity to share our POV, while also listening in on the event’s remaining programming. A few learnings include: 👟 Start small and gradually make progress: there’s no need to solve for sustainable materials or circular products across your entire catalog all at once. 👟 Now is the time to consult with your legal and trade groups for compliance: EU legislation and impending California disclosure laws are incoming and it’s important to get at least 12 months ahead of these changes. 👟 There’s multiple approaches to circularity: whether you’re a privately-held brand or publicly-traded company that owns several brands, decide what the best approach is for your customer and business. Pro tip: buy-in from internal leadership is helpful once you find this balance! With industry partners like Steve Madden and On, we can’t wait to apply these insights to our conversations on sustainable footwear. We can’t wait for next year’s event! #shoesustainabilitysummit #fdraproudsponsor #TroveRecommerce
We’re halfway through Secondhand September, a month-long movement encouraging consumers to go beyond fast fashion trends and challenging them to buy only pre-loved styles. Acting in sync, an increasing amount of shoppers are looking for budget and eco-friendly purchases offering better quality. With the secondhand market estimated to reach $219 billion by 2029, brands need to cash in on this opportunity now if they want to appeal to consumers. Establishing a resale program is a timeless solution, whether your goal is effective circularity or customer growth. As a proud partner in the space, Trove partners with lululemon, Carhartt, Dolce Vita and COYUCHI to name a few, supporting their participation in this circular fashion trend that will never go out of style. To see other brands paving the way for a more sustainable future, check out https://lnkd.in/gCYMDMtk.
Interested in hearing about how disruptive technologies are reshaping the fashion industry’s approach toward logistics sustainably and dynamically? On October 2, Trove Founder and Executive Chairman Andy Ruben will be speaking on Prologis’ annual #GROUNDBREAKERS’ “Fashion Forward: Everyone is Unique” panel with Prada Group S.p.A Executive Deputy Chairman Paolo Zannoni and Vogue Executive European Editor Kirsty McGregor. We can’t wait to hear Andy’s perspective on the trends affecting the fashion industry and where there’s room for continued growth. Register here: https://lnkd.in/eEbjvffY
I’m honored to join some incredible thought leaders at @Prologis’ #GROUNDBREAKERSEvent to talk about the trends affecting the fashion industry. I’m looking forward to joining Prada Group and Vogue Business in London for this session. It's an incredible line up! You can watch virtually by registering here: https://lnkd.in/gsTfrpkY Trove