Second Hand news and archive

Clothes are fun (aren't they?!)

Clothes are fun. Aren't they? Yes. And yet, as a fashion professional and consumer, I sometimes struggle with this. I love fashion. Less so the industry (specifically its dark and unsustainable sides), but I still appreciate beautiful products. For years, I've been buying less clothing for myself — partly consciously, partly unconsciously. I try...

Video

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

Source: Highsnobiety channel, YouTube.

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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...

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Management|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...

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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...

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Management|ANALISYS

Second hand luxury handbags, a good investment yielding up to 30 percent per year

The market for used luxury handbags has grown from 5 million pounds seven years ago to more than 26 million pounds last year and is expected to keep on growing. In fact, according to a recent report by Jefferies, some handbags outperform even the most successful hedge fund. Actually, highlights Jefferies, some owners could be sitting on annual...