U.S. Apparel Resale to Double in Next Five Years, Fueled by Retailers and Brands
Retail TouchPoints
MAY 17, 2022
A whopping 81% of first-time thrifters said they plan to spend the same amount or more on secondhand in the next five years. At the same time, the rental and fast fashion sectors are expected to remain relatively flat, and department stores, value chains and mid-priced specialty retail will lose ground.
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