1504 ET - ThredUp sources 100% of its second-hand clothes within the U.S., which could give it a major upper hand as low-cost competitors like Shein face increased tariffs against China, Chief Executive James Reinhart told WSJ. The app-based retailer is planning to be more public about its domestic sourcing to capitalize on consumers' desires to buy local. Reinhart also plans to double down on marketing low prices as he waits to see whether tariffs drive up competitors' price points and dampen spending on ads. (katherine.hamilton@wsj.com)
(END) Dow Jones Newswires
February 14, 2025 15:04 ET (20:04 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。