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Study: Resale to Hit $47B by 2025, Giving Fast Fashion a Run for its Money

Retail TouchPoints

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. Clark isn’t exaggerating: 33 million consumers bought secondhand apparel for the first time in 2020, according to the report.

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What’s next for Designerex, the Airbnb of fashion rental

Inside Retail

Fresh off its biggest capital raise to date, peer-to-peer fashion rental platform Designerex is gearing up for a period of rapid growth that will see it launch one-hour delivery in Australia, enter the UK and Europe and start working more closely with brands to reach new customers. We’re basically incentivising consumers to buy better.”.

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“It’s the right time to open some stores”: Ksubi CEO Craig King

Inside Retail

Started on a whim in 1999, Ksubi has grown into a globally recognised fashion brand worn by the likes of Kendall Jenner and Travis Scott. They had the licence for an eyewear company called Blind, and they took a stall at Sydney Fashion Week in 1999. The founders didn’t follow the traditional fashion trends. Ksubi CEO Craig King.

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How Sophie Monk helped Skye + Lach Co on its way to $5 million

Inside Retail

The business, which specialises in oversized sunglasses, was founded by sisters Tammy Schmidt and Kylie Thomasz in 2016. Monk tagged the brand on her Instagram account around 2019, and there was a huge spike in traffic to the website and sales. “We Being keen consumers, we knew what we wanted,” she said. “We

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Why Investors are Racing to Buy Up Amazon’s Hottest Third-Party Sellers

Retail TouchPoints

consumers starting their online searches on Amazon, it essentially functions as a product search engine — and a very popular one at that. consumers begin their product searches on Amazon, according to research by ChannelAdvisor and Dynata. The bonanza is an outgrowth of Amazon’s unique place in ecommerce and the marketplace sector.

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Group buying, quick commerce and DTC: 5 e-commerce trends in Southeast Asia

Inside Retail

Retailers in Southeast Asia, like elsewhere, have accelerated their adoption of digital platforms as consumers have been forced online to meet their everyday needs. Although physical stores will continue to play a role, the rise of technology and e-commerce has shifted consumer behaviour and preferences. DTC is poised to grow.

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Oh Canada: The next stop in Grace Loves Lace’s global expansion

Inside Retail

The US is Grace Loves Lace’s biggest market, currently accounting for 70 per cent of sales. In 2016, the brand’s Hollie 2.0 While the designs have proven popular with consumers, so too has the accessible price point. Wade said there has been strong demand from the US since day one. million times. “We Importance of exclusivity.

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