In late 2022, we launched our first second-hand service as a local initiative in our Gothenburg store in Sweden. A year later, we introduced ARKET ARCHIVE online, offering a resale service currently available in Sweden and the UK. We are actively working on the development of ARKET ARCHIVE, with plans to expand to additional countries in 2025.
‘The resale market is growing rapidly, aided by technology that streamlines peer-to-peer platforms, making buying pre-loved nearly as seamless as buying new. We’ve already learned a lot about resale, and a key insight is the importance of bridging the gap between customers’ intentions to sell and shop second hand, and their actions. It involves making second-hand as convenient and appealing as traditional shopping, while integrating the service into our core business,’ says Sofia Snöborgs Tüll, and continues:
We’re also experimenting with other services that keep products in use. In autumn 2023, we launched a children’s clothing rental service in the UK with Bundlee which is ongoing and performing well. We are currently exploring repair service collaborations through the Ellen MacArthur Foundation’.
Visit ARKET ARCHIVE (currently available in the UK and Sweden)