US TRW Ends $ 6 Million Round of Branded Clothing Resale

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Photo: Renewal workshop

America’s Renewal Workshop (TRW), a resale and renewal solutions company that supports clothing brands in the second-hand market, has completed a funding round of $ 6 million. Rounds include Rubio Ventures, Shift Invest, Quadia, Closed Loop Partners, Gratitude Railroad, Portland Seed Fund, Fashion for Good, DOEN, Mosiaco Management, Mistletoe, and Volta Circle.

As second-hand retail is the fastest growing segment of the fashion industry, TRW’s unserviced brands are forgoing their second sale of their products in markets such as ThredUp, TheRealReal and Vestiaire Collective. The North Face Renewed leveraged TRW’s technology, operations and fulfillment services to expand its US program to Germany in May 2021. Since then, Tommy Hilfiger’s Tommy for Life program has grown in France, incorporating TRW technology to deliver a user-centric resale experience. In a press release, TRW mentions several languages, currencies and countries.

“Following a successful expansion in Europe, TRW is the leading full-service solution to support reacquisition, renewal and re-sell on today’s global apparel business platforms. Consider the rapidly changing landscape of consumer sentiment. And all brands need resale solutions to stay competitive, and TRW is an ideal partner in terms of technology and execution, ”say TRW directors, investors and Closed now. Caroline Brown, Executive Director of. The loop partner said in a statement.

TRW also announced new executive leadership by hiring Sridhar Krishnan, former CFO of EBay in the Benelux region, as CFO. Shay Gipson has been hired to lead business development. Gipson has a long history in the apparel industry as Director of Sales and Branding for Nordstrom, Ralph Lauren and Projects and Magic Trade Shows.

Fiber2Fashion Press Office (GK)

America’s Renewal Workshop (TRW), a resale and renewal solutions company that supports clothing brands in the second-hand market, has completed a funding round of $ 6 million. Rounds include Rubio Ventures, Shift Invest, Quadia, Closed Loop Partners, Gratitude Railroad, Portland Seed Fund, Fashion for Good, DOEN, Mosiaco Management, Mistletoe, and Volta Circle.


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