{"id":164395,"date":"2021-03-16T16:57:28","date_gmt":"2021-03-16T16:57:28","guid":{"rendered":"https:\/\/www.theindustry.fashion\/cudoni-reports-400-year-on-year-growth\/"},"modified":"2021-08-06T12:10:38","modified_gmt":"2021-08-06T12:10:38","slug":"cudoni-reports-400-year-on-year-growth","status":"publish","type":"post","link":"https:\/\/www.theindustry.fashion\/cudoni-reports-400-year-on-year-growth\/","title":{"rendered":"Cudoni reports 400% year on year growth"},"content":{"rendered":"<p><strong>Luxury resale service <a href=\"https:\/\/www.theindustry.fashion\/intelligence\/cudoni\/\">Cudoni<\/a> has announced it has seen a 400% year on year growth, following a continued growth in interest for circular fashion.<\/strong><\/p>\n<p>Cudoni centres their service around <strong>making resale as seamless as possible for their clients.<\/strong> From the moment a new client signs up, they are assigned a personal account manager to assist them throughout the process.<\/p>\n<p>The company also provides free home collections, item authentication, expert valuations and manages the entire sales process, end-to-end. The service enables clients to extend the life cycle of their cherished items, encouraging circularity in luxury fashion and supporting the slow fashion movement.<\/p>\n<p>In three years, the company has<strong> increased male users from 20% to between 35-40% on a monthly basis<\/strong>. On average, men's items now sell in almost half the time relative to women's.<\/p>\n<p>Accessories including shoes, watches, outerwear, bags and leather goods perform particularly well in both value retention and in sell-through rate.<\/p>\n<p>In 2019, 51% of men's items through Cudoni came from women looking to sell, now in 2021 the percentage is less than 40%, which suggests an increase in resale engagement amongst men.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-166690 \" src=\"https:\/\/www.theindustry.fashion\/wp-content\/uploads\/richld-1024x640.jpg\" alt=\"Richard Biedul\" width=\"624\" height=\"390\" \/><\/p>\n<p>As demand rose for men\u2019s second-hand fashion, <strong>Cudoni spotted a gap in the market to become a leading luxury resale service for men<\/strong>. To capitalise on the opportunity, the company has<strong> launched a new campaign titled \"The Cudoni Man\"<\/strong> with model Richard Biedul.<\/p>\n<p>Richard Biedul commented: \"Cudoni\u2019s concierge-style service allows me to sell my designer clothing effortlessly. As a model, artistic and creative director, I\u2019m constantly on the go, what little free time I have, I want to spend with the ones I love, doing the things I enjoy the most.<\/p>\n<p>\"This is why Cudoni is perfect for me. They help me to sell the designer pieces that I no longer wear, and I don't even have to lift a finger.\"<\/p>\n<p><a href=\"https:\/\/www.theindustry.fashion\/podcasts\/\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-143937 size-full\" src=\"https:\/\/www.theindustry.fashion\/wp-content\/uploads\/Podcast-add.png\" alt=\"\" width=\"1930\" height=\"282\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Luxury resale service Cudoni has announced it has seen a 400% year on year growth, following a continued growth in interest for circular fashion. Cudoni<\/p>\n","protected":false},"author":49,"featured_media":142902,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[6,10494,12973],"tags":[12599,14560],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Cudoni reports 400% year on year growth - TheIndustry.fashion<\/title>\n<meta name=\"description\" content=\"Luxury resale service Cudoni has announced it has seen a 400% year on year growth, following a continued growth in interest for circular fashion. 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