July 17, 2020
Resale is the future of fashion
Shoppers Plan to Shift More Spend to Secondhand Than Any Other Channel in Next 5 Years
Where shoppers plan to spend more or less money in the next 5 years...
Secondhand Expected to Double Market Share in 10 Years.
Retail Seeks to Join Resale Boom
Circular partnerships drive revenue, build brand awareness, and increase customer loyalty.
Top reasons retail executives are interested in testing resale.
Investors Get Serious About Sustainable Brands
Investors consider ESG investing—managing money according to environmental, social, and governance factors—both profitable and beneficial to society.
ESG assets will grow from 11% in 2012 to 50% in 2025.
Excerpt taken from Thredup