ARLINGTON, Va., May 25, 2021 /PRNewswire/ -- Recurate, Inc.
(www.recurate.com), a plug and play tool that lets brands offer an
owned resale channel within a matter of weeks, today announced the
hiring of luxury fashion executive Karin
Dillie as Vice President of Partnerships. In this role,
Karin will continue to expand Recurate's marquis brand partnerships
with luxury, emerging, and mainstream labels nationwide. Today,
Recuate works with leading brands such as Re/Done, La Ligne,
Mara Hoffman, and Peak Design.
In 2020, the luxury fashion and resale veteran took over the
growth of The Real Real's business-to-business strategy and oversaw
$100 million in revenue.
"Any successful fashion brand today will need to have an owned
resale channel or lose billions in market share," says Karin Dillie, Vice President of Partnerships at
Recurate.
"Recurate represents 'the next big thing' in resale in a way
that other marketplaces haven't been able to fully address. It
brings the customer to the center of the circular economy by easily
integrating the brand in the experience. Consumers trust the brands
they buy from and that's never going to change. Buying a pre-loved
handbag from the same brand's online store that you bought a new
pair of boots from is going to be a billion dollar game changer for
the fashion community."
"We're so thrilled to have Karin join our team at Recurate,"
says Adam Siegel, Co-founder and CEO
at Recurate. "We couldn't have welcomed a more dynamic fashion
executive, who brings tremendous brand expertise and a deep
empathy for the resale consumer."
"Our ecommerce solution, which makes it easy for brands to
capture their secondhand sales, is the leader in the industry,"
says Siegel. "We're so excited to reveal the use of Non-Fungible
Tokens (NFTs) and artificial intelligence (AI) this year for
ensuring product authenticity and more effective image recognition,
image enhancement, and resale product marketing tools for brands.
Karin's expertise, together with our resale solutions, will give
brands access to the $5 trillion
dollar circular economy and dramatically improve the resale
experience in 2021 and beyond."
For more details on Recurate, visit www.recurate.com.
About Recurate
Founded in 2020, Recurate, Inc. is a leading circular
economy technology company that offers brands an ecommerce solution
to capture their secondhand sales. Recurate enables an integrated
peer-to-peer marketplace on brands' ecommerce stores, allowing
their customers to resell items they previously purchased from
those brands. Recurate works with fashion, outdoor gear,
electronics, and equipment brand companies. To learn more about
Recurate, please visit: www.recurate.com.
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SOURCE Recurate