Resale Driving Consumer Purchasing Habits
With an estimated value of between $100 and $120 billion worldwide, the second-hand market for clothing, footwear, and accessories has nearly tripled in size since 2020 and shows no signs of slowing down. This is the report "What an Accelerating Secondhand Market Means for Fashion Brands and Retailers," the third in a series of collaborations between BCG and Vestiaire Collective, a global platform active in the United States, Europe and Asia.
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