ThredUp and Madewell partner for Brooklyn secondhand store - NewsBreak

ThredUp Inc. said Thursday that it has partnered with clothing and accessories brand Madewell for A Circular Store, a secondhand shop in Brooklyn that sells previously owned Madewell items. The store will be open for a limited time, and is a bricks-and-mortar extension of the Madewell Forever e-commerce site that launched in July. Items are priced from $10 to $40. "We've designed a store to represent the future of fashion -- a circular future in which retailers design for longevity, and consumers shop with resale in mind," said Erin Wallace, vice president of integrated marketing at ThredUp, in a statement. ThredUp's stock, which went public in March, has slumped 22% over the past three months, while the S&P 500 index has gained 5% over that period. Also see: