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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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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.

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

Retail TouchPoints

The resale market is growing 11 times faster than traditional retail and is expected to reach $84 billion by 2030, far eclipsing the predicted $40 billion market for fast fashion. . Levi’s marketers astutely recognized this trend during the pandemic and debuted Levi’s SecondHand in October 2020.

Consumer 312
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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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36 Shop Business Ideas

Small Biz Trends

Retail shop businesses can include any local facility where goods and/or services are sold. What Is a Retail Shop Business? A retail shop is any store or business that sells goods and/or services. Why You Should Consider Opening a Retail Shop. Top 16 Shop Options. Flower Shop. Coffee Shop.

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35 Low Cost Retail Business Ideas

Small Biz Trends

Many stores are now online or even completely mobile. However, with the right retail business idea in the right market, any type of storefront can still succeed. A health food store is usually a physical retail business, since it may offer fresh options. Coffee Shop. Organic Food Store. Thrift Store.

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15 Best Apps for a Business Selling Clothes

Small Biz Trends

It’s a Huge Market to Sell Clothes Online. It should be no surprise there’s a huge market for reselling clothing. Consider these latest figures from one of the top fashion resale sites, thredUP: The fashion resale industry totals about $20 billion in sales alone, and it is the biggest resale market in the US.