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As evidence that the circular economy and profitability are not mutually exclusive, Refurbed, the top online marketplace for reconditioned goods, announced that it is among the first European suppliers to gain profit in the industry.
Since refurbed’s debut in Ireland, more than 300,000 refurbished devices have been bought, and Irish consumers have contributed €100 million in sales, which has been a major factor in this accomplishment. From smartphones, laptops, and tablets to home appliances, e-bikes, and sports gear, the marketplace offers over 25,000 products at up to 40% less than what would be paid for if purchased new.
However, Ireland, Austria, Denmark, Germany, Italy, Sweden, the Netherlands, Belgium, Finland, the Czech Republic, and Portugal are among the eleven nations where Refurbed is presently operating.
Refurbed’s CEO and Co-founder, Peter Windischhofer said: “With so much uncertainty, politically, economically, and environmentally, building something that lasts has never felt more important. Becoming profitable in this climate isn’t just about numbers; it’s about proving that you can grow in a way that’s responsible, resilient, and real. We’ve shown that it’s possible to put sustainability at the core of what you build and still run a healthy business. That balance matters—and it’s the kind of leadership the future will demand.”
BrandSpur business and economy news desk reports that refurbed has grown to eleven European nations and now provides 25,000 products on its marketplace after hitting notable milestones in recent years, such as breaking €2 billion in gross merchandise value. A wider trend toward sustainable consumption is reflected in the company’s consistent growth.
It is expedient to know that Refurbed has planted more than 6.6 million trees and saved over 270,000 tonnes of CO2, 900 tonnes of e-waste, and 94 billion litres of water since its launch.
