Five trends to watch in global apparel resale in 2025 and beyond
While global apparel sector growth is set to slow in the short term as a result of macroeconomic challenges, the…
secondhand apparel
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USTR action urged on secondhand clothing export restrictions
In its official remarks submitted to the USTR, SMART emphasised the increasing number of countries that are implementing restrictions or…
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Secondhand shopping surges as Gen Z prioritises sustainability
Whatnot highlighted a "clear passion" for timeless fashion with 99% of respondents agreeing that fashion comes back around. It also…
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Explainer: Vinted turns its first-ever profit, so is secondhand cool now?
According to GlobalData's Global Apparel Resale Market to 2027 the secondhand market is projected to expand by 16.3% in 2024.…
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Pre-loved platform Vinted eyes M&A, expansion on first profit milestone
Alongside swinging to profit, Vinted reported revenue growth of 61% in 2023 to €596.3m ($636.3m), benefiting from an expansion in…
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H&M introduces ‘Pre-Loved’ to US with ThredUp
Through 'H&M Pre-Loved', powered by ThredUp’s Resale-as-a-Service (RaaS), customers can now purchase secondhand apparel, shoes, and/or accessories from H&M directly…
