Remove Fast Fashion Remove Marketing Remove Returns Remove Thrift Store
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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.

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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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Tommy Hilfiger gets thrifty with ThredUp

Inside Retail

The rest can be returned to the sender or recycled responsibly. ThredUp’s 2022 Resale report shows that the secondhand market in the US is expected to more than double by 2026, taking its value to an estimated $82 billion in just four short years. Fast (preloved) fashion.

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Gen Z: Merchants of cool or brand killers?

Inside Retail

Where I once hid my habit for thrift store shopping and slinked into charity stores incognito and inconspicuously along the walls, I now proudly thrift every second weekend with my Gen Z kid and tweet about it afterwards. They’re set to account for 40 per cent of the global luxury fashion market alone by 2025.

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Secondhand Grew 15X Faster than New Apparel Sales in 2023, but ThredUp CEO Still Sees Ample ‘White Space’

Retail TouchPoints

Purchasing secondhand online also opens up this world to many new consumers who had found thrift stores unappealing or intimidating, and much of that tech is just at the beginning of its journey as well. “A

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