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, launches the first commission-free resale marketplace in North America, focused on men’s and women’s clothing, designer, street wear and vintage clothing

Featured image for Reissue FZ LLC

Featured image for Reissue FZ LLC

Featured image for Reissue FZ LLC

LOS ANGELES, November 23, 2021 (GLOBE NEWSWIRE) – Reissue FZ LLC (“Reissue” or the “Company”), is pleased to announce the launch of North America’s first commission-free resale marketplace to buy and sell, and women’s, designer, streetwear and vintage clothing, as well as footwear and accessories.

The company seeks to fill a void left by existing high commission markets and those focused solely on men’s clothing, in the current $ 15 billion market for resold clothing, footwear and accessories, which is expected to grow to $ 47 billion. dollars in the world by 2025 (not counting traditional thrift stores).

The reissue.com marketplace, a web application, recently completed a beta testing phase that saw over 4,500 individual users, from 65 different countries successfully accessing and browsing the web application, which is now accessible by web browser and available for download on mobile and desktop.

Beta testing has proven to be very effective in identifying and fixing over 250 bugs and small design improvements to improve user experience. Additionally, during this beta phase, users created over 3,300 ads, with a total value of almost $ 1.5 million.

In order to process sales securely, the Company has partnered with PayPal to be the exclusive payment processor for all transactions in the marketplace. Re-issue.com requires all users to register and log in to the app through their verified PayPal account through a PayPal gateway. Requiring login through PayPal reduces the amount of sensitive personal data stored by Reissue and reduces the risk of fraudulent ads, as every verified PayPal account is linked to a bank account.

Plus, this exclusive partnership ensures that every purchase is backed by PayPal’s Guarantee of Authenticity. If a buyer does not receive a purchased item, or if the item is not genuine or does not match its description, PayPal will issue a full refund.

Re-issue.com does not charge users a fee for posting ads or facilitating sales, but the marketplace offers additional paid features to promote ads that range in price from $ 1 to $ 10.

The company looks forward to deploying a content delivery network in the near future as part of our overall strategy of global expansion to access additional markets.

* All figures are shown in USD

** Market size data and projections provided by GlobalData 2021 Market Sizing and Growth Estimates

Durability

Every year billions of new clothes, accessories and shoes are purchased and half of these items end up in landfills or incinerators. If every person on the planet bought a used item instead of a new one, it would save the equivalent of:

To put that into perspective, that’s the equivalent of planting 66 million trees, taking 1.25 billion fewer showers, and filling 18,700 fewer garbage trucks.

Learn more about Reissue’s commitment to sustainability by visiting https://re-issue.com/page/sustainability

* Consumption statistics provided by:

  1. LFS Garment and Footwear Waste Estimates

  2. World Bank report “How much do our wardrobes cost the environment?” »September 23, 2019

About the reissue

Reissue FZ LLC. is a sustainable luxury startup based in the United Arab Emirates that operates a commission-free online resale marketplace for high-quality already worn clothing, as well as new limited editions and hard-to-find pieces.

Reissue has a dedicated team of experts who review each listing to ensure that items listed in the Marketplace are authenticated prior to publication. The company is driven by the goal of matching high quality clothing already worn with new owners, in order to reduce waste and the environmental impact of the fashion industry.

For more information on the reissue, please visit https://re-issue.com/page/about

Reissue FZ LLC.

145 S. Fairfax Ave Suite 200 – # 252

Los Angeles, California, United States of America

90036

+1 (424) 407 4186

Reissue FZ LLC.

Fujairah Creative Tour

PO BOX 4422

Fujairah, United Arab Emirates

https://re-issue.com/contact

+971 58 513 2163

Christophe george

Co-managing director and administrator

[email protected]

+971 58 513 2163

+1 (424) 407 4186

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