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How Gen Z’s love for thrifting got fashion brands to finally embrace resale

Inside Retail

It’s no secret that secondhand fashion has been having a moment for the past few years. According to a report conducted by ThredUp, an online consignment and thrift store, the US secondhand market is expected to reach (US$70 billion) by 2027. But what about the brands that consumers are buying on these platforms?

Fashion 130
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What Recommerce can Teach Retailers About New Consumer Behaviors and Future-Proofing Sales

Retail TouchPoints

As retailers have struggled to navigate changes in consumer behavior and economic uncertainty brought on by the pandemic, one area has seen continued growth: recommerce. Recommerce checks many boxes for both consumers and businesses. Consider that 223 million consumers say they have or are open to shopping secondhand products.

Consumer 312
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Step inside the UK’s first department store for secondhand clothes

Inside Retail

An old TopShop store in north London’s Brent Cross shopping centre has been revived after two years of sitting empty since the fast fashion brand closed down. It’s now a vibrant pop-up department store selling pre-loved clothing organised collaboratively by 10 charities. We believe in the circular economy and the good pound.

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Gen Z, in Their Own Words: What They Really Want from Brands and Retailers

Retail TouchPoints

While some brands claim to completely understand what these consumers really want, there are many times when Gen Z shoppers’ thoughts and behaviors don’t quite match up. The day-long event hit on various hot topics closely linked to these digitally native consumers, including authenticity, sustainability, mental health and wellness.

Consumer 314
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Tommy Hilfiger gets thrifty with ThredUp

Inside Retail

Preppy US fashion brand Tommy Hilfiger has partnered with online thrift and consignment store ThredUp to launch a resale program for eligible preloved clothing. The initiative is part of Tommy Hilfiger’s commitment to creating a more sustainable future in fashion, giving its clothing a second life.

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35 Low Cost Retail Business Ideas

Small Biz Trends

A retail business includes any company that sells goods or services directly to consumers for their consumption or use. But many now offer products online or over the phone and ship products to consumers. Many stores are now online or even completely mobile. Thrift Store. Fashion Boutique. Online Store.

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Brands and the Resale Economy, It’s Time.

The Retail Creative and Consulting Agency

Based on revenue and capital market share, there is clearly a reason for brands to take a piece of the pie. Further, these marketplaces are primarily marketed as a place to get discounted goods. currently at $18.36 +31.14% Market Cap : $1.78B. We are an online consignment thrift store for your closet, your wallet and the planet.