Platforms that facilitate the donation and purchase of gently used, “pre-loved” clothing represent one key part of the circular fashion eco-system, along with other post-first-sale techniques such as recycling, upcycling, and rental. In the past month alone, several fashion brands and retailers have made moves to strengthen their position in the second-hand sales space: Luxury […]
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Secondhand Clothes
Resale marketplace sites and consignment apps, which allow consumers to sell and purchase used and vintage goods—often higher-end and/or limited-edition fashion items—have been on the upswing in 2018 and 2019. The resale clothing market overall is expected to reach $51 billion by 2023, according to ThredUp’s 2019 Resale Report, compared to $24 billion in 2018. […]