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

Retail TouchPoints

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. Growing Sustainability Concerns Favor Resale Over Fast Fashion. It appears that much of that growth will come at the expense of fast fashion. said Clark.

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Why Nike is putting used sneakers back on the shelf

Inside Retail

The brand plans to expand the Refurbished program to more US stores throughout 2021 and beyond. According to ThredUp, a digital platform in the US that enables consumers to buy and sell secondhand clothing, the resale market grew 21 times faster than the retail market overall in 2016-2019, and is expected to be worth US$51 billion by 2023.

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“Steal with pride”: How Officeworks and Woolies are tackling sustainability

Inside Retail

Meanwhile Holt, who was appointed general manager of sustainability, health and quality at Woolworths in 2016, explained that the team would discuss plans at length in order to determine which initiatives would resonate with customers, and actually work. “My

Fashion 264
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Primark unveils adaptive clothing partnership with Victoria Jenkins

Retail Gazette

Further details of Jenkins’ partnership with the fast fashion giant, brought together by PDS Radius Brands founder Damian Hopkins CBE, are set to be revealed later in the year. Click here to sign up to Retail Gazette‘s free daily email newsletter

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Chinese fashion brand Urban Revivo ramps up store openings in Southeast Asia

Inside Retail

Founded in 2006 with the launch of Urban Revivo in Guangzhou, FMG has grown into a major player in Asia’s fashion landscape, going toe-to-toe with established fast fashion brands like Zara and H&M. The group currently operates more than 400 physical stores worldwide.

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What’s next for Designerex, the Airbnb of fashion rental

Inside Retail

Fresh off its biggest capital raise to date, peer-to-peer fashion rental platform Designerex is gearing up for a period of rapid growth that will see it launch one-hour delivery in Australia, enter the UK and Europe and start working more closely with brands to reach new customers. We’re basically incentivising consumers to buy better.”.

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Deliveroo Partners with HURR to Launch On-Demand Designer Dress Rentals

365 Retail

Customer experience is at the heart of HURR, and this unique partnership will deliver your last-minute or planned party wear looks to your door faster than fast fashion itself.” ” Convenience Meets Circular Fashion The global fashion rental market, now valued at over £4.8

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