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Secondhand Grew 15X Faster than New Apparel Sales in 2023, but ThredUp CEO Still Sees Ample ‘White Space’

Retail TouchPoints

“With more than half of all consumers shopping for secondhand apparel last year, it’s evident that resale is now firmly embedded in the fashion landscape ,” said Neil Saunders, Managing Director at GlobalData , which conducted the research for the report, in a statement. Now the question is: Where does resale go from here?

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Gen Z: Merchants of cool or brand killers?

Inside Retail

Where I once hid my habit for thrift store shopping and slinked into charity stores incognito and inconspicuously along the walls, I now proudly thrift every second weekend with my Gen Z kid and tweet about it afterwards. I had never heard of the label before clicking ‘buy’. Yet Gen Z is by no means conundrum-free.