Poshmark founder and CEO, Manish Chandra discussed back-to-school shopping trends, Gen Z shopping trends, and more with Yahoo Finance’s Brian Sozzi and Myles Udland.
Poshmark founder and CEO Manish Chandra told Cheddar, consumer demand for sustainability has significantly changed the landscape that was once dominated by fast fashion.
“What you see in Poshmark is millions of closets networked together really crafting the future of shopping, and we think the future of shopping is simple, it’s social, and it’s really sustainable.”
Karla Welch is responsible for the enviable outfits we saw on A-listers like Olivia Wilde and Justin Bieber. While moving her studio during the pandemic, the fashion pro and founder of The Period Company and Wishi decided it was probably time to pare down. She ended up partnering with resale site Poshmark, ensuring her collection of hard-to-find, celebrity-approved items would go to people who would hopefully appreciate them.
“20 years of styling is a lot of time to accumulate a lot of pieces,” Welch exclusively tells InStyle over email. “I am also an avid collector, but if I hadn’t touched some pieces in years, I thought it would be amazing to let them have another life with someone else.”
Poshmark, Inc. has added Ebony Beckwith, Salesforce’s chief philanthropy officer and foundation CEO, to its board of directors.
Beckwith brings more than two decades of experience in technology, operations and philanthropy to the role. At Salesforce, she is responsible for the company’s philanthropic investment strategy and leads its response to pressing issues, including co-leading a task force committed to racial equality and justice.
“As we continue to expand the ways our business can be a force for social, economic and environmental good, Ebony’s passion for community and ability to drive both business and social impact make her a perfect fit for Poshmark,” said Manish Chandra, founder and CEO.
In a move that could be a potential game changer for the Indian online fashion ecosystem, US-headquartered Poshmark, a social shopping marketplace specializing in second-hand clothes is set to take its first step into the domestic market.
“We feel the consumer in India has always been focused on sustainability more so than any other markets. A marketplace such as ours provides both value and a sustainable lifestyle,” Manish Chandra, founder & CEO at Poshmark told TOI during an exclusive interview.