Depop news and archive

Depop removes selling fees in UK

Resale marketplace Depop has announced some changes to its payment structure, including the removal of its 10 percent selling fee for users in the UK. Having immediately been applied to new listings, the move hopes to aid sellers and comes as part of Depop’s efforts to further open up access to the circular economy. Alongside this, the platform...

Retail

Depop partners with Sook for retail pop-ups

Resale platform Depop is taking to the physical realm via a new partnership with Sook that will see it host a number of pop-ups across the UK. Over the course of six months, Depop will operate pop-up stores throughout London, Liverpool and Edinburgh, where a selection of unique sellers that operate through its site will be housed. To begin, four...

Fashion |In Pictures

Conner Ives launches upcycled capsule collection on Depop

Emerging fashion designer Conner Ives has launched his own Depop shop with an exclusive capsule collection of upcycled accessories and clothing. The limited-edition collection, designed and produced in London, is exclusive to the fashion resale platform and includes a two-piece T-shirt and skirt set featuring hand-drawn motifs alongside...

Business

Depop increases sales, narrows losses

London-based fashion marketplace Depop reported an 8 percent improvement in the annual sales to 54.3 million pounds, while the company’s losses narrowed to 59.4 million pounds. The company’s current owner Etsy Inc. said in its 2022 10-K filing: “We believe Depop has a meaningful growth opportunity given its healthy user engagement metrics,...

Business

Etsy reports record Q4 revenue following strong holiday season

US e-commerce giant Etsy has reported record revenue in the fourth quarter, up 12.6 percent from the same period a year earlier following a “strong holiday performance”. The company, which focuses on vintage and handmade products, made net revenue of 807.2 million dollars in the final quarter ended December 31, which was ahead of estimates. Etsy...

Business

Depop swings to FY operating loss

British resale platform Depop swung to a loss last year as the strong demand it saw during the pandemic began to wane. In the 12 months to December, the company made an operating loss of 84.5 million pounds compared to a profit of 0.4 million pounds a year earlier. That came as revenue increased slightly by 2 percent to 50.1 million pounds. The...

Fashion Featured

eBay is the cheapest resale platform, data shows

Searching for a Dior Saddlebag, Mulberry Satchel or Jacquemus Bambino on resale platforms will come with great variance in options, especially price. New data from VoucherCodes.co.uk, who analysed the cost of 20 of the most popular branded fashion items this year across three pre-loved sites including Depop, eBay, and Vinted, saw big variations...

Fashion

Depop brings thrifting to The Sims in new collaboration

Resale marketplace Depop has revealed a new collaboration with The Sims 4, as the popular game releases its new High School Years Expansion Pack. A handful of selected Depop sellers have created in-game pieces, available to buy at the game’s new thrift store and boba tea hangout, ThriftTea. Looks draw inspiration from the currently sought after...

BusinessFeatured

Depop CEO to step down, Etsy appoints two new execs

Online marketplace Etsy has announced the promotion of its current chief product officer Kruti Patel Goyal to chief executive officer of its subsidiary Depop, with the resale site’s current CEO Maria Raga to step down from September 12. According to a release, Raga has resigned to “pursue personal ventures”, but will remain in an advisory...

Business

Dr Martens prepares to enter resale market with Depop

Dr Martens has revealed plans to enter the repair and resale market through a new collaboration with online second-hand marketplace Depop. The duo will be working on the heritage brand’s ReSouled scheme, in which used Dr Martens can be repolished, given new laces, soles, heel loops and insoles before they are put back onto the market at around...

Business

Vinted reigns as number one resale market place in EU

A study carried out by Cross-Border Commerce Europe has found that Vinted is now the number one second-hand marketplace in the EU and the UK, overtaking Ebay. Results for the ‘Top 100 Cross-Border Sustainable Marketplaces operating in Europe’ are based on sustainability data from the best performing marketplaces across all platform types, with...

Retail

Depop and Wiz Khalifa partner for drops

Community-powered resale platform, Depop, has launched an exclusive, curated shop with multi-platinum selling, Grammy and Golden Globe nominated recording artist, Wiz Khalifa. A portion of the proceeds from the shop will be donated to music education program Little Kids Rock and 412 Food Rescue, a non-profit organization dedicated to recovering...