Depop abandons selling fees to make fashion more circular

Depop has announced it is scrapping its selling fees for UK users in a bid to make fashion more circular.

From this month, the 10% seller fees will be dropped by the secondhand clothes platform, resulting in users receiving more money back from their sales.

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Instead, the platform is introducing a small fee for UK buyers on each purchase.

The 5% fee, which will apply from 15 April 2024, will help Depop continue to invest in its protection offering, customer support, app improvements and growing its community.

Depop CEO, Kruti Patel Goyal, said: “For years, the Depop community has been championing preloved and vintage fashion and pioneering change in the fashion industry.

“With more and more people now looking at resale as an alternative to retail, we want to amplify the impact of our growing community by continually finding ways to make it easier to participate in the circular economy.”

He added: “This change will give sellers more cash in their pocket from each sale, empowering our existing community – as well as those new to resale – to list more, sell more and earn more, while contributing to a more circular fashion system.”