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

Retail TouchPoints

A few years ago, buying resale online was still something that had to be sold to consumers. But as ThredUp ’s 12th annual Resale Report shows, the need for a hard sell is over — consumers of all ages have clearly bought into the idea, with secondhand apparel sales growing 15X faster than the broader retail clothing sector in 2023.

Apparel 243
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How retailers are tackling textile waste as Aussies overconsume

Inside Retail

Amid the rise of fast fashion and social media platforms accelerating consumptive behaviour, it appears that many Australians aren’t wearing or re-wearing the clothes they purchase. This was highlighted by the Fashion Resale Report from online retailer Reluv and Monash University. Consumer behaviours will also inevitably change.

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AV in retail: Putting the customer first

Retail Focus

Toni Viñals, CEO at nsign.tv, says: “The retail sector is facing a stage of reinvestment in its business models in physical establishments with the desire to achieve a return to normality by offering consumers better shopping experiences that are both safer and more interactive so that the customer’s journey is as attractive as possible.”.

Kiosk 208
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6 hugely popular fashion retailers that fell out of favour

Retail Gazette

The retailer was notorious for its steamy advertising campaigns, which often featured young female staff members alongside its cult products including the infamous tennis skirts and disco pants. The alleged misconduct , coupled with questions surrounding its advertising methods, sent sales at American Apparel spiralling.

Fashion 57
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What’s the Future for Stores on the UK High Street?

Retail TouchPoints

Following the purchase of multinational retailer Debenhams by British fast-fashion giants, Boohoo, Debenhams is expected to continue as an online-only operation, resulting in the loss of up to 12,000 jobs. Due to the structural nature of ecommerce, online shops remained open as usual during the coronavirus pandemic.

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AV in retail: Putting the customer first

365 Retail

Toni Viñals, CEO at nsign.tv, says: “The retail sector is facing a stage of reinvestment in its business models in physical establishments with the desire to achieve a return to normality by offering consumers better shopping experiences that are both safer and more interactive so that the customer’s journey is as attractive as possible.”.

Kiosk 94
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Are online marketplaces the future of eCommerce shopping?

365 Retail

This is a big shift as for the last three years the show predominantly featured fast fashion companies, although now it seems the show is adopting more eco-friendly advertisements. Manual processes are time consuming and by innovating these practices staff can spend more time on valuable tasks.