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7/15/2021
ENGLEWOOD CLIFFS, N.J. AND OAKLAND, CALIF., July 15, 2021 – Clothing care and laundry innovator LG Electronics USA and ThredUp Inc. (NASDAQ: TDUP), one of the largest online resale platforms for women’s and kids’ apparel, shoes and accessories, today announced that thredUP will power an apparel clean out program on behalf of LG home appliances through thredUP’s Resale-as-a-ServiceⓇ (RaaSⓇ). With this deal, thredUP is expanding RaaSⓇ’ client reach, enabling businesses across industries to offer apparel resale experiences to their customers.
Part of LG’s ‘Second Life’ campaign, which aims to inspire people to care for what they wear and reduce their fashion footprint, the new initiative makes it simple for consumers to responsibly clean out unwanted items from their closets and give them a “second life” with the help of thredUP. Anyone in the U.S. will be able to order a thredUP x LG Donation Clean Out Kit or print a donation label online at www.LGSecondLife.com or thredUP.com/LG. Customers can fill their Donation Clean Out Kit or any shippable box with women’s and kids’ apparel, shoes, and accessories and ship them to thredUP for free. For each Donation Clean Out Kit thredUP receives, LG and thredUP will donate $5 to a select charity of the seller’s choice. thredUP then gives resellable items a “second life” by making them available in its marketplace.
“While LG’s top-rated washers and dryers help millions of Americans take the very best care of their fabrics, we know that styles change, tastes change, even sizes change,” said Peggy Ang, head of marketing at LG Electronics USA. “As a leader in fabric care, LG is invested in how to care for your clothes throughout their lifecycle – from how you wash them to how you ultimately pass them on. Working with thredUP on this nationwide initiative enables us to scale these efforts in a unique way, while shining a light on the important issue of textile waste and inspiring consumers to take responsible action for the planet.”
With this first-of-its-kind deal, LG joins other leading brands and retailers that rely on RaaSⓇ to deliver customized, scalable resale experiences to their customers, including GAP, Madewell, and Reformation. thredUP’s 2021 Resale Report shows that an estimated 36 billion clothing items are thrown away in the U.S. each year – 95 percent of which could be recycled or reused. Learn more about thredUP’s RaaSⓇ here.
“At thredUP, we believe that to take fashion from linear to circular, we need to rethink every aspect of the clothing life cycle,” said Pooja Sethi, Senior Vice President and General Manager of Resale-as-a-ServiceⓇ at thredUP. “We are thrilled to work with an innovative company like LG to power apparel clean out for their customers and believe this deal shows that any company – not just fashion retailers – can participate in apparel resale through RaaSⓇ, reaching new audiences and paving the way for a more sustainable future for fashion.”
LG and thredUP are both committed to educating consumers about the impact of their clothing choices and empowering them to reduce their fashion footprint – from best–in-class clothing care with LG washers and dryers to apparel resale through thredUP’s RaaSⓇ. To request a clean out kit and learn more about how LG’s Second Life initiative is inspiring people to care for clothing, upcycle and donate their clothes responsibly, visit www.LGSecondLife.com.
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About LG Electronics
LG Electronics USA, Inc., based in Englewood Cliffs, N.J., is the North American subsidiary of LG Electronics, Inc., a $56 billion global innovator in technology and manufacturing. In the United States, LG’s focus on Innovation for a Better Life is exemplified by a wide range of innovative home appliances, home entertainment products, mobile phones, commercial displays, air conditioning systems, solar energy solutions and vehicle components. The “Life’s Good” marketing theme encompasses how LG is dedicated to people’s happiness by exceeding expectations today and tomorrow. LG is a 2020 ENERGY STAR® Partner of the Year-Sustained Excellence. www.LG.com.
Media Contacts:
Taryn Brucia
LG Electronics USA
David Shulman
About thredUP
thredUP is transforming resale with technology and a mission to inspire a new generation of consumers to think secondhand first. By making it easy to buy and sell secondhand, thredUP has become one of the world’s largest resale platforms for women’s and kids’ apparel, shoes and accessories. Sellers love thredUP because we make it easy to clean out their closets and unlock value for themselves or for the charity of their choice while doing good for the planet. Buyers love shopping value, premium and luxury brands all in one place, at up to 90% off estimated retail price. Our proprietary operating platform is the foundation for our managed marketplace and consists of distributed processing infrastructure, proprietary software and systems and data science expertise. In 2018, we extended our platform with thredUP’s Resale-As-A-Service (RaaSⓇ), which facilitates modern resale for a number of the world’s leading brands and retailers. thredUP has processed over 125 million unique secondhand items from 35,000 brands across 100 categories. By extending the life cycle of clothing, thredUP is changing the way consumers shop and ushering in a more sustainable future for the fashion industry.
Media Contact:
Christina Schultz
thredUP
Because life waits for no one, at LG USA we create consumer electronics, appliances and mobile devices that are designed to help you connect with those who matter most. Whether that means cooking a nutritious, delicious meal for your family, staying connected on-the-go, sharing your favorite photos, watching a movie with your kids or creating a clean, comfortable place to celebrate the moments that matter, we'll be there for you every step of the way.
Designed with you in mind, LG products offer innovative solutions to make life good. With intuitive, responsive controls, sleek, stylish designs, and eco-friendly features, our collection gives you the power to do more at home and on the go. It includes:
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From the very first note, our collection will transform your living room into a stunning home theater Explore our complete collection of LG electronics, mobile devices, appliances and home entertainment solutions -- and find everything you need to connect with your friends and family, no matter where they are.
*Prices, promotions, and availability may vary by model, store, and online. Prices are subject to change without notice. Quantities are limited.
*Additional 5% or 10% back will be in the form of a Visa prepaid card issued by The Bancorp Bank®, N.A., Member FDIC. Terms and expiration apply-see rebate form at www.LG-Promos.com/ABS622. for details. Subject to availability. 5% will apply to the total invoice price of 2 eligible LG Kitchen plus select Floor Care and Air Care products before taxes (excludes Countertop Microwave Ovens and the Trim Kit, Laundry, LG Styler,® and Top Freezer, Bottom Freezer and Single Door Refrigerators). 10% will apply to the total invoice price of 3 or more eligible LG Kitchen and Laundry products plus select Floor Care, Air Care, LG Styler®, Countertop Microwave Ovens, Trim Kit (sold separately), Wall Oven and Cooktop products before taxes. Qualifying categories include: Refrigerator, Range, Wall Oven, Over-the-Range, Microwave Oven (OTR), Countertop Microwave Oven, Cooktop, Hood Vent, Dishwasher, Washer, Dryer, LG SideKick,™ Floor Care, Air Care and LG Styler.® WashTower™ products (Washer + Dryer) will count as two (2) qualifying units towards a bundle. Select Countertop Microwave Ovens purchased together with a Trim Kit (sold separately) will count as one (1) qualifying unit towards a bundle.Product must be purchased in a single transaction between June 22, 2022 and July 13, 2022. Online submissions made at www.LG-Promos.com/ABS622 must be received by 11:59 PM Pacific Time on October 13, 2022.Maximum number of products of the same category allowed to qualify for rebate is one (1).
*Purchase a bundle of four (4) select LG Kitchen Appliance products including eligible LG Refrigerator, Range, Over-the-Range Microwave Oven and Dishwasher models and receive instant additional savings of 10% applied to the pre-tax purchase price of the eligible products plus up to an additional $982 savings. Products must be purchased in the same online order June 22 - July 13, 2022 on LG.com to receive the instant additional savings. Maximum number of products of the same category allowed to qualify for the package discount is one (1). Savings will be reflected in the cart when all offer requirements are met. If any of the qualifying items are removed from the cart or part of the order is cancelled or returned, the promotional savings will be void. Prices and offers are non-redeemable for cash, non-transferable, and may not be combined with other offers/discounts. Not stackable with other LG rebates via online submission at www.LG-Promos.com/ABS622.. Availability, prices and terms of offer are subject to change without notice.
Extra $387 savings eligible models: LRFWS2906S, LRFWS2906D, LDFN4542S, LDFN4542D, LMV1831ST, LMV1831BD, LREL6323S, LRGL5823S, LREL6323D, LRGL5823D
Extra $432 savings eligible models:LFXS28968S, LFXS28968D, LREL6325F, LRGL5825F, LREL6325D, LRGL5825D, LMV2031ST LMV2031BD, LDTS5552S, LDTS5552D
Extra $452 savings eligible models:LFXS26973S, LFXS26973D, LRE