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Dec. 18, 2025
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Retail

Global resale fashion market to reach $360B by 2030: BCG, Vestiaire Collective

October 13, 2025

According to the report, 80 percent of buyers cite affordability as a leading motivation for purchasing secondhand items, but emotional and cultural factors are increasingly influential. Image courtesy of Vestiaire Collective

 

By Amirah Keaton

A new report from Boston Consulting Group (BCG) and French luxury resale platform Vestiaire Collective suggests that the circular fashion sector is growing three times faster than traditional retail today.

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  1. Luxury Unfiltered: Why the best luxury experiences look exactly like the worst ones (on paper)
  2. Chef Yotam Ottolenghi to debut first Netherlands restaurant at Mandarin Oriental Amsterdam
  3. Dior builds five-story statement flagship in Beijing
  4. Louis Vuitton shares names of final Watch Prize contestants, jury members
  5. Follow @LuxuryDaily for the latest in luxury news
  6. ‘Sound. Elevated.’ from Bang & Olufsen marks centennial
  7. Coty earns ‘A’ score from CDP
  8. Kering loops France’s Ardian into Fifth Avenue investment
  9. Dior, Rizzoli to release book on Lady Art project
  10. Matches plots second act under new ownership
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