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Jan. 18, 2022
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Retail

Fashion resale industry set to grow to $33B by 2021: report

July 3, 2017

Fashion is by far the biggest segment in the reselling industry. Image credit: Fung Global

 

By Danny Parisi

The fashion market category that relies on consigning high-end apparel and accessories is witnessing a period of enormous growth, outpacing the full-price segment of its industry by 20 percent, according to a new report from Fung Global Retail & Technology.

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  1. BMW, Le Bon Marché, De Beers Group and ReserveBar
  2. Social, live commerce may be new, but here to stay
  3. The optimist’s guide to luxury in China for 2022
  4. Sustainable style means circular, diverse fashion
  5. Le Bon Marché Rive Gauche launches environmental installation
  6. De Beers shares progress on GemFair initiatives
  7. Gen Z purchase power, influence grows in China
  8. Day's wrap: BMW, Le Bon Marché, De Beers Group and ReserveBar
  9. 2022: The luxury phoenix moment
  10. Inviting nominations for the 2021 Luxury Daily Awards
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