Headlines

Poshmark Expands to Home Decor

Users can resell clothing, makeup and now, home goods

Published

5 years ago

June 12, 2019

VMSD_Olivia

The e-commerce resale empire of Poshmark (Redwood Shores, California) is taking on the lucrative world of home decor, according to Forbes.

The company will allow its users to resell home goods such as curtains, bedding and framing. Large furniture, however, cannot be sold, as all of Poshmark’s items travel through the mail. Poshmark previously expanded from women’s clothing only, to menswear, makeup and kid’s clothing.

"The biggest piece here is to continue to prove that Poshmark’s social commerce approach works beyond just fashion," says CEO and co-founder Manish Chandra.

Poshmark was founded in 2011 as a marketplace for women to resell their clothing items. In 2018, the e-commerce marketplace racked up an estimated $140 million in revenue. The company takes a 20 percent cut of every sale.

MasterClass: ‘Re-Sparkling’ Retail: Using Store Design to Build Trust, Faith and Brand Loyalty

HOW CAN WE EMPOWER and inspire senior leaders to see design as an investment for future retail growth? This session, led by retail design expert Ian Johnston from Quinine Design, explores how physical stores remain unmatched in the ability to build trust, faith, and loyalty with your customers, ultimately driving shareholder value.

Presented by:
Ian Johnston
Founder and Creative Director, Quinine Design