Study: Resale to Hit $47B by 2025, Giving Fast Fashion a Run for its Money
Retail TouchPoints
JUNE 30, 2021
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. Perhaps more important is the fact that of those first-time buyers, 76% said they plan to increase their spend on secondhand in the next five years.
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