Archives
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ELECTRONICS May 15, 2019 India to allow import of second-hand electronics at last; windfall for refurbished phones market?
By: Loknath DasPhone companies – Apple especially – could soon be posed to take a bigger bite out of India’s growing refurbished phones market, with the Directorate General of Foreign Trade (DGFT) allowing – via a notification on May 7 – the import of refurbished electronic goods, reports ET Prime. The caveat – and it’s a big one […]
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ELECTRONICS May 10, 2019 Govt prohibits imports of non-BIS compliant second-hand electronics, IT goods
By: Loknath DasImport of second-hand or refurbished electronics and IT goods without registration with the Bureau of Indian Standards (BIS) is prohibited, the government has said. Under the Electronics and IT Goods (Requirement of Compulsory Registration) order 2012, imports of these goods is allowed through the registration with the BIS or on specific exemption letter from the […]
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CLOTHING December 18, 2016 Second-Hand Clothing Site ThredUP Gets $81M in Funding
By: sristy SahaThe second-hand clothing online marketplace is getting more competitive but one company, ThredUP, seems to have gotten ahead of the rest with a recent round of investments totaling $81 million. Goldman Sachs Investment Partners (GSIP) took the lead in the Series E investment in ThredUp. Existing ThredUP investors Trinity Ventures, Redpoint Ventures, Highland Capital Partners, […]
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CLOTHING December 18, 2016 Booming Second-Hand Clothing Business
By: sristy SahaSales of second-hand clothing from western countries are booming in the former Soviet state of Belarus. In the past five years, sales of used clothing have increased four and a half times, now accounting for 10% of all Belarus clothing sales. Small Belarus entrepreneurs have popped up selling the western cast-offs: “We wear second-hand all […]
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CLOTHING December 4, 2016 Booming Second-Hand Clothing Business
By: sristy SahaSales of second-hand clothing from western countries are booming in the former Soviet state of Belarus. In the past five years, sales of used clothing have increased four and a half times, now accounting for 10% of all Belarus clothing sales. Small Belarus entrepreneurs have popped up selling the western cast-offs: “We wear second-hand all […]
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CLOTHING October 31, 2016 Booming Second-Hand Clothing Business
By: sristy SahaSales of second-hand clothing from western countries are booming in the former Soviet state of Belarus. In the past five years, sales of used clothing have increased four and a half times, now accounting for 10% of all Belarus clothing sales. Small Belarus entrepreneurs have popped up selling the western cast-offs: “We wear second-hand all […]
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CLOTHING October 31, 2016 Second-Hand Clothing Site ThredUP Gets $81M in Funding
By: sristy SahaT he second-hand clothing online marketplace is getting more competitive but one company, ThredUP, seems to have gotten ahead of the rest with a recent round of investments totaling $81 million. Goldman Sachs Investment Partners (GSIP) took the lead in the Series E investment in ThredUp. Existing ThredUP investors Trinity Ventures, Redpoint Ventures, Highland Capital […]