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)
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