Kindermint
| Kindermint Logo | |
| Private | |
| ISIN | 🆔 |
| Industry | Recommerce |
| Founded 📆 | December 2012 in Tampa, Florida |
| Founders 👔 | Vishal Mahtani Randall Malluk Jacob Shemesh Sanjeev Ramchandani |
| Headquarters 🏙️ | , , United States |
Area served 🗺️ | |
| Products 📟 | Used children's clothing |
| Members | |
Number of employees | |
| 🌐 Website | www |
| 📇 Address | |
| 📞 telephone | |
Kindermint was an online recommerce business which sells used children's clothing.[1] It was founded in 2012 by Vishal Mahtani in Tampa, Florida.[2][3]
Business[edit]
Kindermint sold both new and used clothing for children of brands like Gymboree, DKNY, Janie & Jack, Oilily, Juicy Couture and Ralph Lauren.[4][5] It was purchasing used children’s clothes in mint condition since April 2013.[6]
Philanthropy[edit]
According to one of its founders, clothes which do not pass Kindermint's quality control process were donated to charity partner Habitat for Humanity and customers are sent receipts.[5][2]
Acquisition by ThredUp[edit]
Kindermint was sold to ThredUp for an undisclosed amount, as announced on 23 February 2015 and Kindermint was wholly divested in the transaction. Kindermint’s inventory was composed of luxury, designer and boutique brands. The company had been buying and selling secondhand children's clothing in mint condition since inception and was recognized as an early pioneer in the designer resale space.[7] "Kindermint’s commitment to quality, the environment, charity, and loyal parent customer base made this a very appealing acquisition for us," said James Reinhart, CEO and Co-Founder of thredUP.com. "We’re a natural extension of the Kindermint brand. Customers can now adopt online resale even further with the ability to shop and sell for themselves as well as their kids on thredUP."[8]
References[edit]
- ↑ "Get Moving Monday: 5 Tips On Saving On Back To School Shopping". CBS Minnesota. CBS Local Media. Retrieved 10 November 2014.
- Megan Capone. "Kindermint: Get Paid for Your Kid's Clothes". RedPlum. Archived from the original on 10 November 2014. Retrieved 10 November 2014. Unknown parameter|url-status=ignored (help) - ↑ 2.0 2.1 Sarina Fazan (19 September 2014). "New way to consign kids clothes, not leave your house, help charity and make cash". ABC Action News. Archived from the original on 10 November 2014. Retrieved 10 November 2014. Unknown parameter
|url-status=ignored (help) - ↑ "Kindermint business profile". Better Business Bureau. Retrieved 10 November 2014.
- ↑ "Company Overview of Kindermint, Inc". BusinessWeek. Archived from the original on 10 November 2014. Retrieved 10 November 2014. Unknown parameter
|url-status=ignored (help) - ↑ 5.0 5.1 Justine Benstead (11 March 2014). "Tampa Startup Aims To Reshape Sales Of Children's Clothing". 83 Degrees. Retrieved 10 November 2014.
- ↑ "Kindermint Online Consignment Store Launches". Cute Munchkins. Archived from the original on 20 July 2014. Retrieved 10 November 2014. Unknown parameter
|url-status=ignored (help) - ↑ "thredUP.com Acquires Children's Clothing Resale Site Kindermint.com". CNBC. Archived from the original on 26 February 2015. Retrieved 25 February 2015. Unknown parameter
|url-status=ignored (help) - ↑ Carney, Michael (23 February 2015). "ThredUp acquires Kindermint, further proving that pre-owned and premium aren't mutually exclusive". Pando Daily. Retrieved 25 February 2015.
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