Fashion News

Etsy Is Buying Fashion Resale App Depop For $1.6 Billion

22 days ago   |   By Pop Sugar

American ecommerce site Etsy is buying London-based fashion resale app Depop for an impressive $1.63 billion as reported by the New York Times , which means that the vintage, handcrafted , and secondhand fashion markets are expecting a major boom in the coming years.
Related:
How to Master the Art of Selling Clothes on Depop
Etsy was founded in Brooklyn in 2005 and has since established itself as the go-to online shopping destination for vintage and handmade goods and arts and craft supplies. In 2015, Etsy went public on the stock market and joined NASDAQ's composite index, which includes...
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