Founded by Steve Zeneri in New York City, Convey is taking on the $18 billion resale industry by activating brands to accept and resell lightly-used clothing for instant store credit. Convey guarantees a resale price so that there is zero risk to the brand. In fact, brands can earn an additional 40% in gross revenue when items are resold. Convey handles the resale of the item and it also takes care of all logistics involved.
In an age where sustainability in fashion is a topic at the forefront, both the brands and consumers can be confident with Convey that the lifecycle of an item is being maximized. Asked about his experience during the program, Zeneri said, “XRC granted me access to world class mentors, top brands, and a group of like-minded individuals that I can now turn to, both inside and outside of the office.”