Study: Resale to Hit $47B by 2025, Giving Fast Fashion a Run for its Money
Retail TouchPoints
JUNE 30, 2021
Resale — the segment of the secondhand market that ThredUP defines as offerings with more curated assortments — is expected to account for more than half of that total, $47 billion , by 2025. Perhaps more important is the fact that of those first-time buyers, 76% said they plan to increase their spend on secondhand in the next five years.
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