Accounting Fashion Thrift Store 
Retail TouchPoints
JUNE 30, 2021
Resale — the segment of the secondhand market that ThredUP defines as offerings with more curated assortments — is expected to account for more than half of that total, $47 billion , by 2025. Growing Sustainability Concerns Favor Resale Over Fast Fashion. It appears that much of that growth will come at the expense of fast fashion.
Retail TouchPoints
NOVEMBER 10, 2022
By all accounts, resale looks set to have a banner holiday season this year, as inflation weighs down consumer spending at the same time that younger consumers in particular increase their focus on cutting waste and shopping sustainably. Who better to represent this combination than the ultimate then-and-now fashion icon Fran Drescher?
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Inside Retail
DECEMBER 8, 2024
billion) and accounted for 28.2 Entering the US in 2018, 2nd Street had 43 stores in the country at the end of November. Besides the US, the company currently operates stores in Taiwan, Malaysia and Thailand. The Reuse Economic Journal estimated sales of used clothing and luxury goods reached 818.1 billion yen (US$5.4
Retail TouchPoints
MARCH 27, 2024
alone, secondhand apparel accounted for $43 billion in sales in 2023, and it’s expected to reach $73 billion by 2028. 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
Inside Retail
JANUARY 22, 2023
Leading clothing rental platform Rent the Runway has secured a major partnership with Amazon Fashion. Offering Amazon shoppers access to thousands of gently used rental fashion and new items from The Design Collective range. The global retail behemoth will launch a Rent the Runway storefront on the marketplace’s website.
Small Biz Trends
DECEMBER 30, 2021
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. Reselling clothes is growing 24-times faster than retail fashion, too. Best App to Sell Clothes Online? Consider These.
Independent Retailer
APRIL 19, 2022
“It gets a bit more complicated when we move out of the grocery store and into other local retailers. In 2019, the shipping industry accounted for about three percent of global carbon emissions, and that number is expected to rise to 17 percent by 2050. The way ‘stuff’ is made can vary greatly and most of our stuff moves around a lot.
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