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Second-hand news and archive

Retail

Second-hand fashion hits 187 million pounds on eBay

Ebay has revealed that the UK second-hand fashion market is experiencing a 187 million pound boom as the ‘Blue Planet effect’ prompts UK consumers to ‘close the loop’ on fast fashion. UK shoppers spent 187 million pounds on 20 million pre-owned fashion items on eBay in the last 12 months, a 15 percent rise in five years, as circular economy...

10 Sep 2019

Fashion

UK shoppers’ interest in second-hand fashion continues to grow

As sustainable-conscious consumers continue to swoon over pre-loved items, a new study suggests that the UK’s second hand item market is set to surge in the coming years, echoingindustry reportsthat the market could overtake the fast fashion market by 2029. In a poll of 1500 respondents conducted by waste management agency BusinessWaste.co.uk,...

26 Mar 2019

Video

Video: London's Best Vintage Stores: Shopping For Hidden Streetwear Gems

Source: Highsnobiety channel, YouTube.

6 Nov 2018

Business

Second hand fashion set to become a bigger market than luxury by 2022

Buying second hand clothes is nothing new, but the sector has been growing considerably thanks to the Internet. The second hand market generated 360 billion US dollars worldwide in 2017, according to fashion resale service Thredup, with online sales of second hand items growing 35 percent against just 8 percent for brick and mortar stores. By...

23 Oct 2018

Business ANALYSIS

Online clothing and accessories re-sale attracts financiers’ attention

New York – Consumers’ habits have changed dramatically since the economic recession hit a decade ago. Online shopping has become the new normal, while more and more consumers turn into savvy thrifters. The result? Second-hand apparel sales are estimated to surpass 40 billion dollars by 2022. Consumers have increasingly turned to second-hand...

12 Aug 2018

Retail

Trend topic: How the second-hand market is growing

Second-hand clothing is becoming increasingly popular, thanks to our full wardrobes and a growing awareness concerning sustainable consumption. The collection of used and unwanted clothing is booming. At the most recent World Retail Congress, president of Inditex, Pablo Isla announced that the spanish company has already set up used-clothing...

15 May 2018