Reissue FZ LLC., a Sustainable Luxury Startup, is Launching North America’s Initially Fee-Free of charge, Resale Marketplace, Concentrated on Menswear and Womenswear, Designer, Streetwear and Vintage Outfits

Press Launch


Nov 23, 2021


Reissue FZ LLC (“Reissue” or the “Business”), is pleased to announce the launch of North America’s first commission-no cost, resale market to acquire and promote, men’s and women’s, designer, streetwear and classic clothing, as effectively as footwear, and add-ons.

The Firm is in search of to handle a void relinquished by present superior commission marketplaces and individuals that focus solely on menswear, in the recent $15 billion market place for resold garments, sneakers and components, which is projected to grow to $47 billion globally by 2025 (not such as classic thrift suppliers).

The re-issue.com market, a internet based mostly software, not too long ago done a beta screening stage which saw around 4500 person customers, from 65 distinct nations around the world correctly accessibility and navigate the net app, which is now available by website browser and readily available for obtain on mobile and desktop.

Beta screening proved to be very successful in pinpointing and solving in excess of 250 bugs and little design and style enhancements to improve the consumer expertise. Moreover, for the duration of this beta phase users made about 3300 listings, totalling approximately $1.5 million in benefit.

In buy to course of action income safely and securely and securely the Business has partnered with PayPal to be the distinctive payment processor for all transactions on the marketplace. Re-challenge.com requires all customers to signup and login to the application by their confirmed PayPal account by way of a PayPal gateway. Necessitating login as a result of PayPal decreases the sum of delicate personalized facts saved by Reissue and minimizes the danger of fraudulent listings as every confirmed PayPal account is connected to a financial institution account.

In addition this unique partnership assures that every single order is protected by PayPal’s authenticity guarantee. If a customer does not receive a purchased merchandise, or if the item is inauthentic or not as explained, PayPal will situation a total refund. 

Re-challenge.com does not cost users a fee for posting listings or facilitating revenue, nonetheless the marketplace does offer additional paid functions to advertise listings that array in price from $1 to $10.

The Business appears to be forward to deploying a material shipping and delivery network in the near potential as element of our detailed world-wide growth tactic to obtain additional markets.

* All figures quoted in USD

** Current market measurement information and projections supplied by GlobalData 2021 Market Sizing and Expansion Estimates

Sustainability

Each calendar year, billions of new clothes, accessories, and shoes are acquired with half of these products ultimately ending up in landfills or incinerators. If every individual on the world purchased a single next hand product instead of a new a single, it would help save the equal of:

  • 5.7 billion lbs of CO2 and Greenhouse Gasses
  • 25 billion gallons of drinking water
  • 449 million lbs of waste

To put that into perspective, that’s the equal of planting 66 million trees, having 1.25 billion a lot less showers, and filling 18,700 considerably less rubbish vehicles.

Find out more about Reissue’s commitment to sustainability by visiting https://re-situation.com/web site/sustainability 

* Intake stats furnished by:

  1. EPA Clothing and Footwear Waste Estimates
  2. Environment Financial institution Report “How A lot Do Our Wardrobes Charge to the Surroundings?” September 23, 2019

About Reissue 

Reissue FZ LLC. is a UAE headquartered sustainable luxurious startup which operates a commission-free of charge, on the internet, resale market for high top quality, beforehand worn clothes, as very well as new limited version and challenging to obtain pieces. 

Reissue has a dedicated crew of gurus that overview every single listing to make sure products listed on the marketplace are authenticated prior to publication. The Firm is driven by the aim of matching up beforehand worn superior high-quality clothes with new house owners, in buy to reduce squander and the environmental influence of the manner marketplace.

For A lot more Details about Reissue, be sure to visit https://re-challenge.com/page/about

Reissue FZ LLC.

145 S. Fairfax Ave Suite 200 – #252

Los Angeles, CA, United States of The usa

90036

+1 (424) 407 4186

Reissue FZ LLC.

Fujairah Innovative Tower

PO BOX 4422 

Fujairah, United Arab Emirates

https://re-concern.com/contact

+971 58 513 2163

Christopher George

Co-Chief Executive Officer and Director

[email protected]

+971 58 513 2163

+1 (424) 407 4186

Source: Reissue FZ LLC