Let's talk about Profitability for Returns. For each returns to be profitable, brands need to know couple inputs: cost across all services to make this return sellable again, and revenue the unit could generate after. (Re)vive | B-Corp Certified calculates the projected cost of services in the moment of processing, and compares that to our ASP database to know exactly what ROI we could drive for each item! We automatically decline services to returns (and $0 charge to brands) that do not meet the brands' profit goals. See below for exactly how we do this through data magic! If you are curious for more information, always feel free to DM Dana Billingslea. https://lnkd.in/ehcsryyJ #retail #returns #sustainability #profitability
(Re)vive | B-Corp Certified
Retail
New York, New York 10,560 followers
Turn returns (and deadstock) into Revenue
About us
(Re)vive is a leading solution provider addressing the challenges of unstockable and returned inventory for brands. With a proprietary data platform, (Re)vive empowers brands to recover the highest asset value from unstockable inventory while streamlining the supply chain. Headquartered in New York City, (Re)vive is committed to driving sustainability and profitability for brands in the fashion and retail industries. In 2024, (Re)vive became B-Corp certified.
- Website
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https://www.byrevive.com/
External link for (Re)vive | B-Corp Certified
- Industry
- Retail
- Company size
- 11-50 employees
- Headquarters
- New York, New York
- Type
- Privately Held
- Founded
- 2022
- Specialties
- ESG, Sustainability, Circularity, Garment Recovery, Inventory Optimization, Repairs, Retail Technology, Dropshipping, and Marketplace
Locations
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Primary
New York, New York 11201, US
Employees at (Re)vive | B-Corp Certified
Updates
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(Re)vive | B-Corp Certified is hiring our very first B2B Marketing Manager! In 2024, we drove $40m+ in recovered GMV through our first-in-market Inspection to Restock/Resale platform. We are looking for a dynamic marketer to help tell that story. If you are passionate about maximizing inventory optimization (and diverting landfill every day!) for fashion industry, check out the link below: https://lnkd.in/ecTCWMg8
B2B / GTM Marketing Manager - (Re)vive - Career Page
byrevive.applytojob.com
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(Re)vive | B-Corp Certified CEO Allison Lee has been named a finalist on the Entrepreneur Magazine 2024 list of 20 innovative leaders! 🙌 Read more below to follow how we discovered "Universal Pain" for brands, and our pivot into recovering $50m GMV for brands this year. https://lnkd.in/eHjhuDTT
How Her Strategic Business Pivot Grew Revenue 10x in 1 Year | Entrepreneur
entrepreneur.com
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Malique Morris at The Business of Fashion writes about (Re)vive | B-Corp Certified as one of the "Big Opportunities for Brands" to transform Returns into Profit 💫 As we see daily in our warehouses, a lot of the 'damages' are actually just 'imperfections' that can easily be fixed at a low cost. Revive is here to empower every brands to drive additional profit from returns as we approach the busiest season of the year! https://lnkd.in/gdi4U8HJ
Fashion’s Big Opportunity in Reselling the Unsellable
businessoffashion.com
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(Re)vive | B-Corp Certified was included in The 100 Top Startups to Watch by Startup Savant! 💫 So excited to be on the same list as industry leaders like Trove and unspun™. Check the link for a full 100 list! https://lnkd.in/ghfqk7CC
The 100 Top Startups to Watch in 2024 | TRUiC
startupsavant.com
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Charles Cushing chatted with our Founder Allison Lee to shed more lights on 'most neglected pile' of inventory for brands. Even though that pile often contains the best SKU and Sizes, the lack of data and refurbishment capabilities means these items often end up in landfill. Learn more about how (Re)vive | B-Corp Certified can help maximize the productivity of your inventory, one item at a time.
Quiz time: Last year, US apparel companies discarded about $1B worth of inventory. How much of that inventory could have been profitably refurbished and resold? A) 5% B) 50% C) 95% If you guessed C, you are correct. When Allison Lee shared that stat with me, it blew my mind. But she's got the data to prove it. Her company, (Re)vive | B-Corp Certified, is in the business of bringing "unsellable" inventory back to life. In this week's episode of Blue Ocean, we go deep into the murky world of clothing recycling, inventory write-offs, and deadstock. A few of the topics we cover: — The crazy math behind damaged goods — Why most brands under-recover the value of their returns — Revive’s unique process for refurbishing returned inventory — The shifting regulatory and cultural landscape around material disposal I left this episode feeling grateful that we have people like Allison working on this enormous problem. Hear her full story here: https://lnkd.in/e3x-hK6N
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(Re)vive | B-Corp Certified is so excited to welcome Ames Wilson to our team as our Analytics Engineer. With over 8 years of experience in e-commerce and 5 years in data engineering and analytics, Ames brings a wealth of experience in designing and optimizing data solutions. They are excited to leverage their skills and expertise to create impactful and actionable insights to drive sustainability and profitability in the fashion retail sector!
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H1 ESG Results are in for (Re)vive | B-Corp Certified! Throughout our Refurbishing & Resale process, we track both Financial ROI and Sustainability ROI for brands per unit level. Unit-level tracking is essential for the accurate ESG metrics, as you can imagine the emission impact from a heavy winter coat is very different from a cotton t-shirt. Our team is so proud to report that we have Revive'd over 140,000 items in just first half of 2024. That is equivalent to diverting over 266,000 lbs of landfill and adding almost 500,000 years back in garment lifespan. 🤯 Come check out the ESG report below and see how much impact we generated with the industry-leading brand partners! https://lnkd.in/etFzwfAN
(Re)vive 2024 H1 ESG
byrevive.com
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When we decided to become a B-Corp, we approached it with an early-stage optimism. Little did we know that this project would take us 2 years! Our head of sustainability Rebecca Geppert documented this journey in hopes to help others who wants the behind-the-scenes process (hint: it took a lot of math). But the supporting material we created actually helped us to set a strong foundation for (Re)vive | B-Corp Certified and centered our strategies around trackable ESG metrics. Read below to see how we became B-Corp certified! https://lnkd.in/dcscnnUR
The Journey Towards B Corp with (Re)vive
medium.com
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Sourcing Journal covered (Re)vive | B-Corp Certified and our data-powered platform to transform damages into revenue. As we tackle one of the biggest headaches for brands and retailers, our CEO Allison Lee talks about Revive's explosive growth in the last 12 months & what's to come next. Read more below and follow our journey! https://lnkd.in/e7UaRX4k
From Waste to Wealth: (Re)vive’s AI-Powered Revenue from Returns
https://sourcingjournal.com