On Monday, Selfridges launched its new concept Resellfridges: The Wedding. Over the next five weeks, future brides, grooms, and their guests will be able to shop pre-loved and vintage wedding pieces and accessories. The wedding takeover can be found at the Corner Shop location on Oxford Street, and will stick around until September 5. The vast...
3 Aug 2021
One word that adequately describes how consumers today, particularly younger generations, seek to change the fashion narrative for good: sustainability. Following the rise of fast-fashion business models, which focus on low prices, high collection turnarounds and cheaper materials, the negative impacts of overconsumption are being seen and felt...
9 Jun 2021
It’s Monday, 7am, and with a cup of freshly brewed coffee, I’ve gone back to the drawing board. I’ve listed my biggest challenges and hindrances to growing my 3-year-old marketplace, StyleTribute, a Southeast Asian pioneer in secondhand luxury. My whiteboard now reads: • How do we scale the supply of inventory and acquire new sellers? • How do...
7 May 2021
Today, vintage and resale are becoming an established and formal element of the fashion industry. A recent report indicated that resale has grown 21x faster than traditional retail over the past three years. By 2023, the market is set to reach $51bn, growing at an annual projected rate of 16%. In 2020 the market beat those projections, with...
22 Feb 2021
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
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
Source: Highsnobiety channel, YouTube.
6 Nov 2018
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
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
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
Swedish fashion label Filippa K is calling on its customers to join in on its latest sustainability initiative. As the brand continues to develop new ways of creating a circular, close loop in the fashion industry as well as a sustainable mindset amongst customers, Filippa K invites customers to join in on their new project an become...
7 Apr 2016
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