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The Swoondle Society, Leading Resale Site For Childrenswear, Acquires Shoptomorrows

PRIVATEJul 25, 2023

Acquiring Company

The Swoondle Society

Acquired Company

ShopTomorrows

E CommerceMarketplaceFashionRetailE CommerceMarketplaceFashionRetail

Description

The Swoondle Society, a pioneer in the trade-based clothing resale industry that is revolutionizing the secondhand fashion market, is excited to announce the strategic acquisition of ShopTomorrows, a leading resale marketplace for childrenswear founded by CEO, Haley Lieberman, a sustainable fashion thought-leader and former fashion stylist. As a result of the acquisition, Swoondle becomes the market-leading trade-based apparel platform in the country.

Quick answer

The Swoondle Society is acquiring ShopTomorrows, announced July 25, 2023.

How much did The Swoondle Society pay for ShopTomorrows?
The deal value was not disclosed.
What does The Swoondle Society do?
The Swoondle Society is a full-service, circular marketplace for parents and apparel brands to manage their outgrown, last season clothing.

Source: Fundz verified event record.

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Company Information

Company

The Swoondle Society

About

The Swoondle Society is a full-service, circular marketplace for parents and apparel brands to manage their outgrown, last season clothing. Parents can trade-in and shop for new and used clothing giving them the maximum value for their trade-in. With less than an hour of set-up, shopify-enabled brands can launch their own resale and trade-in programs - increasing loyalty and sustainability for their customers. In addition to SwoondleSociety.com, Swoondle’s contracts with Walmart and Poshmark give it one of the broadest organic distribution networks in re-commerce.

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Frequently asked

Who acquired ShopTomorrows?

ShopTomorrows was acquired by The Swoondle Society. The deal was reported on July 25, 2023. The Swoondle Society is a full-service, circular marketplace for parents and apparel brands to manage their outgrown, last season clothing. The Swoondle Society is privately held and operates in E Commerce.

When did The Swoondle Society acquire ShopTomorrows?

The Swoondle Society's acquisition of ShopTomorrows was reported on July 25, 2023. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does ShopTomorrows do?

ShopTomorrows is a nationwide resale marketplace for trading-up kidswear across networks, neighborhoods and beyond - without exchanging cash. It is privately held, operating in E Commerce.

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