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Apparel and accessories

Nearly 2 in 3 retailers engaged in resale plan to increase investment by 2025: ThredUP

April 6, 2023

The digital plaform, which launches a consumer-facing Fashion Footprint Calculator as part of this year's research exercise, is honing in on retailers' evolving views of the secondhand market. Image credit: ThredUP Initially launched in January 2020, the company's consumer-facing Fashion Footprint Calculator is itself recirculated as part of this year's exercise. Image credit: ThredUP

 

By Amirah Keaton

A new report from online resale platform thredUP hones in on retailers' evolving views of the secondhand market as the U.S. secondhand apparel market approaches a valuation of $70 billion by 2027.

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