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Resale joins retail: Singapore’s growing appetite for secondhand fashion

Inside Retail

For too long, sustainable fashion in Singapore has been treated as a fringe movement something for thrift hunters or eco-warriors rather than the everyday shopper. In much of Asia, secondhand shopping has been relegated to online resale apps, dusty thrift stores, or weekend flea markets. Thats finally changing.

Fashion 130
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From Unwanted to Pre-Loved: the Branding Lessons from Poshmark and Mercari

Retail TouchPoints

Pre-loved fashion is having its moment, and for good reason. What were previously unwanted and undesirable items dumped at a thrift store have become valued as pre-loved items, full of potential for their next owner. Lessons from Pre-Loved Fashion Brands Many pre-loved fashion brands have become household names.

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

Retail TouchPoints

That growth rate looks likely to continue, with the overall secondhand market projected to double in the next five years, reaching $77 billion in annual sales by 2025. Growing Sustainability Concerns Favor Resale Over Fast Fashion. It appears that much of that growth will come at the expense of fast fashion.

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The rise of second-hand shopping in Australia: A cultural and economic shift

Inside Retail

Unlike conventional retail, where stock is predictable and replenished regularly, thrift stores and resale platforms offer the sense of adventure and unpredictability. Many consumers are drawn to items that evoke or spark memories of years gone by, be it fashion reminiscent of the ’90s, retro home decor, or classic cars.

Shopping 130
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Immersive Queen store opens on Carnaby Street

Retail Focus

The Shop, ‘Queen The Greatest’ will be open until January 2022 and will feature a line-up of limited edition music releases, exciting fashion collaborations and lifestyle products with weekly new product drops and events. The Champion collection features unisex T-shirts and sweatshirts, with a nod to the fashion brand’s heritage.

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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 325
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Japan’s luxury secondhand sector gains popularity as tourism booms

Inside Retail

Attractive market Geo Holding, the parent company of secondhand clothing retailer 2nd Street, reported strong sales performance in its latest financial statement. Ogasawara added: Contemporary products tend to be popular across luxury secondhand markets. billion yen (US$5.4 billion) and accounted for 28.2