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Global fashion resale market seen growing 20% a year

2020-10-23 14:09:00| Daily apparel & textile news and comment - from just-style.com

The share of secondhand clothing in closets is predicted to grow from 21% in 2020 to 27% in 2023 as the impact of the Covid-19 pandemic has accelerated mounting environmental concerns among consumers.

Tags: year market global growing

 

Second-hand strategies - Resale retailers' product and pricing trends

2020-09-14 13:17:00| Daily apparel & textile news and comment - from just-style.com

Amid rising concerns about the environmental and ethical impact of fast-fashion, the market for second-hand clothing is soaring - with younger generations leading the charge. Martha Girard and Dr Sheng Lu from the University of Delaware, take a closer look at how resale retailers' merchandising strategies are shaping up.

Tags: product pricing strategies trends

 
 

H&M's Cos label launches Resell resale platform

2020-09-08 12:41:00| Daily apparel & textile news and comment - from just-style.com

H&M's Cos fashion label has launched an online clothing resale platform where shoppers can buy and sell pre-loved clothing.

Tags: label platform cos launches

 

Walmart enters fashion resale market with ThredUp

2020-05-27 13:57:00| Daily apparel & textile news and comment - from just-style.com

Walmart is entering the secondhand apparel market through a new partnership with online resale store ThredUp as the US retail giant looks to enhance its offering amid a bid to establish Walmart.com as a destination for fashion.

Tags: market fashion enters resale

 

Gap partners with ThredUp in resale drive

2020-02-21 13:06:00| Daily apparel & textile news and comment - from just-style.com

US specialty apparel retailer Gap Inc is stepping into the secondhand apparel market through a new partnership with online resale store ThredUp.

Tags: drive partners gap resale

 

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