With the expansion of thredUP, the world's largest online fashion retail company, an additional 700 jobs is coming to the North Gwinnett County area.
The announcement about the company expansion came Monday, July 27 from thredUP, the Georgia Department of Economic Development and Partnership Gwinnett.
According to a press statement, thredUP’s 270,000 square-foot facility, located off Horizon Drive in the Suwanee area, will serve as the company’s fifth, and largest, distribution center. thredUP’s distribution centers receive thousands of thredUP clean out bags from closets across America. thredUP's resale engine can price, photograph and distribute unique SKUs – or one-of-a-kind items – with unmatched efficiency.
thredUP will invest $28.7 million in the expansion project.
"We are thrilled to open our newest distribution center and expand our footprint in Gwinnett County,” said John Voris, Head of Operations Innovation, thredUP. “As we continue to scale thredUP's marketplace, our operations are at the core of what we do. Investing in this space will help us continue powering resale at scale, delighting our customers and inspiring the next generation of consumers to think secondhand first.”
In August 2019, thredUP announced $175M in funding, bringing the company’s total capital raised to more than $300M.
thredUP plans to employ over 200 people at this new location by the end of 2020, and over 700 people by the end of 2021.
“Gwinnett County is proud to see thredUP’s growth and renewed investment in the community,” said Gwinnett County Commission Chair Charlotte Nash. “They are a part of a strong ecosystem of logistics leaders who have found Gwinnett to have the ideal environment for their business to thrive.”
thredUP owns and operates the largest automated garment-on-hanger facilities in the world. Last year, the company redistributed its 100 millionth item displacing 870K tons of C02 and $7.5B in total retail value.
thredUP is headquartered in Oakland, California, with offices in Scottsdale, New York, and Ukraine. The company was recently named #25 on Fast Company’s 2020 list of the 50 Most Innovative Companies.