Trump's tariffs: Unexpected boom for second-hand clothing market

Around a month ago, Donald Trump turned his favourite word ‘tariffs’ into a much-feared reality. The result? Panic in the fashion world, stock market prices that are trembling, and brands that are frantically calculating price increases in Excel spreadsheets. Because one thing is certain: ‘new’ will soon be a lot more expensive. But while brands and retailers are wondering how they are going to absorb this blow, there is one sector that is not complaining, not squealing – but chuckling. The pre-loved market is, perhaps for the first time in ages, the one laughing all the way to the bank.