Re-issue.com Launches North America’s First 0% Commission Resale Marketplace to Buy and Sell Clothing, Footwear and Accessories
Reissue FZ LLC., a Sustainable Luxury Startup, is Launching North America’s To start with Fee-Absolutely free, Resale Marketplace, Focused on Menswear and Womenswear, Designer, Streetwear and Classic Apparel
Push Launch
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Nov 23, 2021 09:00 EST
LOS ANGELES,
November 23, 2021(Newswire.com) –
Reissue FZ LLC (“Reissue” or the “Firm”), is pleased to announce the launch of North America’s 1st fee-free of charge, resale market to obtain and promote, men’s and women’s, designer, streetwear and vintage apparel, as very well as footwear, and add-ons.
The Business is looking for to deal with a void relinquished by present high commission marketplaces and those that concentrate solely on menswear, in the recent $15 billion market place for resold clothes, footwear and accessories, which is projected to expand to $47 billion globally by 2025 (not together with standard thrift retailers).
The re-problem.com market, a net based software, not too long ago concluded a beta testing phase which saw more than 4500 individual consumers, from 65 different nations productively obtain and navigate the internet app, which is now accessible by web browser and out there for obtain on cellular and desktop.
Beta screening proved to be extremely efficient in determining and resolving around 250 bugs and modest style and design advancements to boost the consumer experience. On top of that, through this beta stage users produced above 3300 listings, totalling almost $1.5 million in value.
In buy to method product sales securely and securely the Enterprise has partnered with PayPal to be the distinctive payment processor for all transactions on the marketplace. Re-concern.com necessitates all consumers to signup and login to the software via their verified PayPal account through a PayPal gateway. Demanding login through PayPal lowers the volume of delicate personalized knowledge stored by Reissue and lowers the threat of fraudulent listings as each and every verified PayPal account is joined to a financial institution account.
Moreover this distinctive partnership makes certain that each solitary purchase is coated by PayPal’s authenticity guarantee. If a purchaser does not receive a ordered product, or if the merchandise is inauthentic or not as described, PayPal will difficulty a complete refund.
Re-challenge.com does not charge users a price for putting up listings or facilitating profits, on the other hand the market does present extra compensated functions to advertise listings that selection in price from $1 to $10.
The Corporation appears to be like forward to deploying a content delivery network in the in close proximity to long term as component of our complete worldwide expansion system to obtain additional markets.
* All figures quoted in USD
** Current market size information and projections furnished by GlobalData 2021 Marketplace Sizing and Progress Estimates
Sustainability
Each and every 12 months, billions of new garments, components, and footwear are procured with fifty percent of these products eventually ending up in landfills or incinerators. If each individual on the earth acquired just one next hand merchandise instead of a new just one, it would preserve the equal of:
- 5.7 billion lbs of CO2 and Greenhouse Gasses
- 25 billion gallons of drinking water
- 449 million lbs of squander
To put that into perspective, that’s the equivalent of planting 66 million trees, using 1.25 billion a lot less showers, and filling 18,700 much less rubbish vans.
Find out a lot more about Reissue’s dedication to sustainability by traveling to https://re-challenge.com/site/sustainability
* Use data provided by:
- EPA Clothes and Footwear Squander Estimates
- Earth Lender Report “How A lot Do Our Wardrobes Cost to the Natural environment?” September 23, 2019
About Reissue
Reissue FZ LLC. is a UAE headquartered sustainable luxury startup which operates a commission-no cost, on the internet, resale marketplace for large high quality, previously worn clothes, as well as new constrained version and really hard to locate parts.
Reissue has a focused workforce of experts that assessment every single listing to make guaranteed things stated on the market are authenticated prior to publication. The Enterprise is driven by the objective of matching up formerly worn significant excellent clothes with new owners, in buy to lower squander and the environmental effect of the vogue field.
For A lot more Details about Reissue, please stop by https://re-challenge.com/webpage/about
Reissue FZ LLC.
145 S. Fairfax Ave Suite 200 – #252
Los Angeles, CA, United States of The us
90036
+1 (424) 407 4186
Reissue FZ LLC.
Fujairah Creative Tower
PO BOX 4422
Fujairah, United Arab Emirates
https://re-problem.com/contact
+971 58 513 2163
Christopher George
Co-Chief Executive Officer and Director
+971 58 513 2163
+1 (424) 407 4186
Resource: Reissue FZ LLC
