Friday, July 4, 2025
  • Login
Euro Times
No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
Euro Times
No Result
View All Result

Recommerce: Driving Sustainability and the Circular Economy Forward

by Editorial Team
April 15, 2025
in Business
Reading Time: 2 mins read
A A
0
Home Business
Share on FacebookShare on Twitter


Because the world’s largest B2B recommerce platform, B-Inventory empowers retailers, manufacturers, and OEMs to redefine sustainability by reworking returned, extra, and pre-owned stock into alternatives for environmental and financial influence. This Earth Day, we discover how recommerce serves as a cornerstone of the round financial system, decreasing waste, conserving assets, and enabling sustainable consumption.

What Is Recommerce?

Recommerce (or reverse commerce) refers back to the resale of pre-owned, refurbished, or secondary-market items by devoted platforms. From electronics and attire to furnishings and home equipment, recommerce prioritizes extending product lifecycles over disposal. By maintaining gadgets out of landfills and reintroducing them into the availability chain, recommerce fuels the round financial system—shifting away from the linear “take-make-dispose” mannequin towards a system centered on reuse, restore, and recycling.

The environmental and financial impacts are vital:

  • Useful resource Conservation: Reduces demand for virgin supplies and lowers power consumption, water utilization, and uncooked useful resource extraction.
  • Emission Discount: Lengthens product lifespans and reduces the carbon footprint tied to manufacturing new items.
  • Financial Alternative: Fuels job creation in logistics, refurbishment, and resale whereas supporting native economies by impartial companies.

Recommerce: A Sensible Path to Sustainability

The recommerce sector is experiencing vital development, pushed primarily by client demand and company sustainability commitments. By 2029, the worldwide recommerce market is projected to achieve $291.6 billion, rising 55% because it outpaces conventional retail sectors.

As of 2025, over 150 manufacturers have applied resale or buyback applications, in keeping with business stories. For instance:
Lululemon and Levi’s host branded resale platforms for pre-owned attire.
Patagonia champions refurbished gear by its Worn Put on initiative.
IKEA promotes furnishings circularity through buyback applications.

Resale In-Demand

Surveys present that many retailers are already conscious that their customers are collaborating in recommerce. One such survey revealed that 86 % of retail executives consider that their customers are turning to recommerce. And the numbers don’t lie: A current report reveals over 70% of worldwide customers plan to spend on resale this yr. Consumers cite the elevated price of dwelling, the provision of high-quality secondhand items, and price financial savings.

B-Inventory’s Sustainable Answer

As the most important B2B recommerce platform, B-Inventory facilitated the sale of 140 million gadgets throughout its platform in 2024. From attire and residential items to digital units and home equipment, B-Inventory gave over 1 million tons of stock a ‘second life’. Recommerce not solely helps retailers and OEMs in optimizing restoration on returned, trade-in, and extra stock, but additionally fosters environmentally accountable practices.

This Earth Day, we reaffirm our dedication to a round future the place each product finds goal, and each transaction helps sustainability. To see the influence of our efforts, obtain our Earth Day 2025 infographic and study how one can be part of us in selling a extra round financial system.

Obtain Now 



Source link

Tags: CirculardrivingEconomyRecommercesustainability
Previous Post

Does the Fed Shave with Occam’s Razor?

Next Post

More than 60% of CEOs expect a recession in the next 6 months, survey says

Related Posts

Bajaj Finance Posts Robust AUM Growth Amid Market Challenges, Says Jefferies

Bajaj Finance Posts Robust AUM Growth Amid Market Challenges, Says Jefferies

by Heena Ojha
July 4, 2025
0

Bajaj Finance Ltd. has demonstrated resilience in its first quarter enterprise replace, showcasing a powerful Asset Below Administration development of...

RIL’s decision to spin off consumer business into new unit gets NCLT nod

RIL’s decision to spin off consumer business into new unit gets NCLT nod

by Euro Times
July 4, 2025
0

The swap ratio for the demerger of the patron manufacturers is the problem of 1 share of the brand new...

RTX Stock Flies Past Targets: Why I’m Raising My Price Target (NYSE:RTX)

RTX Stock Flies Past Targets: Why I’m Raising My Price Target (NYSE:RTX)

by Dhierin Bechai
July 3, 2025
0

This text was written byObserveDhierin-Perkash Bechai is an aerospace, protection and airline analyst. Dhierin runs the investing group The Aerospace...

market analysis: India’s macro setup stable, but markets await earnings firepower: Hemang Jani

market analysis: India’s macro setup stable, but markets await earnings firepower: Hemang Jani

by Euro Times
July 3, 2025
0

"If I used to be to select one thing inside the new-age firms, I undoubtedly would go along with Swiggy...

Defence stocks in focus: HAL, BEL, and BDL see mixed trading amid India-US 10-Year strategic defence agreement reports

Defence stocks in focus: HAL, BEL, and BDL see mixed trading amid India-US 10-Year strategic defence agreement reports

by zee business
July 3, 2025
0

Shares of key Indian defence shares skilled combined buying and selling on Thursday amid constructive developments surrounding a brand new...

Lenders cannot levy pre-payment charges on floating rate loans, advances granted for business purpose to individuals, MSEs: RBI

Lenders cannot levy pre-payment charges on floating rate loans, advances granted for business purpose to individuals, MSEs: RBI

by Euro Times
July 2, 2025
0

FILE PHOTO: The Reserve Financial institution of India (RBI) emblem is pictured exterior its head workplace in Mumbai November 2,...

Next Post
More than 60% of CEOs expect a recession in the next 6 months, survey says

More than 60% of CEOs expect a recession in the next 6 months, survey says

Bitcoin Lags Gold As Wall Street Doubts Persist, Claims Expert

Bitcoin Lags Gold As Wall Street Doubts Persist, Claims Expert

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Bajaj Finance Posts Robust AUM Growth Amid Market Challenges, Says Jefferies

Bajaj Finance Posts Robust AUM Growth Amid Market Challenges, Says Jefferies

July 4, 2025
DeFi TVL breaks above 6B as lending roars back

DeFi TVL breaks above $116B as lending roars back

July 4, 2025
NYT Wordle today — answer and my hints for game #1476, Friday, July 4

NYT Wordle today — answer and my hints for game #1476, Friday, July 4

July 4, 2025
‘We Don’t Know Who Did What’

‘We Don’t Know Who Did What’

July 4, 2025
Former CENTCOM Commander on U.S. Troops in the Middle East – The Cipher Brief

Former CENTCOM Commander on U.S. Troops in the Middle East – The Cipher Brief

July 4, 2025
Trump’s ‘big beautiful bill’ passes SALT deduction limit of ,000

Trump’s ‘big beautiful bill’ passes SALT deduction limit of $40,000

July 3, 2025
Euro Times

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Finance
  • Health
  • Investing
  • Markets
  • Politics
  • Stock Market
  • Technology
  • Uncategorized
  • World

LATEST UPDATES

Bajaj Finance Posts Robust AUM Growth Amid Market Challenges, Says Jefferies

DeFi TVL breaks above $116B as lending roars back

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In