Lancaster, Texas — According to state and local economic development sources ThredUP plans to invest $42,200,000.00 to build out 597,000 square feet of new space in Lancaster. The company plans to occupy the new space at 3800 N I-35E in Lancaster, on or about April 1, 2022. According to the company website thredUP is the worlds largest fashion resale platform, inspiring a new generation to think secondhand first. The company has spent the past 10 years reinventing resale, building a marketplace and infrastructure now poised to power the $50B resale economy and usher in a more sustainable fashion future. Millions of consumers use thredUP as the easiest way to sell their clothes and shop over 35,000 brands at up to 90% off online, in stores or via try-before-you-buy Goody Boxes. Backed by world-class investors, thredUP designed a resale engine that has redistributed nearly 100 million unique garments from closets across America and is now powering resale for the broader fashion industry via its Resale-As-A-Service (RAAS) platform.

To learn more about ThredUP, visit http://www.thredup.com/

Company Contact:
James Reinhart, Chief Executive Officer
james@thredup.com
https://www.linkedin.com/in/jamesgreinhart/
415-402-5202

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