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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. We believe in the circular economy and the good pound.

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

Retail TouchPoints

Authenticity has become a marketing buzzword in its own right, but members of the Z Suite agreed that they want to feel emotionally connected to brands they buy from. They also want to feel represented in marketing materials and even in product design. With Allie, it was a no brainer.” With Allie, it was a no brainer.”

Consumer 316
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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.

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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.