Resale news and archive

Zara to offer second hand clothes in U.S. market

Inditex's flagship brand Zara is set to launch its Pre-Owned platform in the United States by late October, as revealed in the company's half-year earnings report. This initiative, which allows customers to sell, donate, or repair secondhand clothing, aligns with a broader industry trend towards circular fashion models. The expansion comes...

Business

Littlest Luxuries merges with Little Fashion House

Littlest Luxuries, a pre-loved childrenswear destination for ages 0-16 years has relaunched following a merger with childrenswear resale platform Little Fashion House. Headquartered in London, the peer-to-peer business is looking to become the leading authenticated marketplace for pre-loved designer childrenswear to provide a solution to the...

Business |Opinion Featured

Exiting the clothing industry as an investor: Is this the right path to sustainability?

Last week, ASN Impact Investors, the asset manager of Netherlands-based ASN Bank, announced that it sold all its stakes in clothing companies. This step was taken because major fashion brands such as H&M, Zara and Asics are not making sufficient progress in the area of sustainability. While this may seem like a bold decision at first glance, it...

Fashion

StockX report: ‘Sneaker resale isn’t dead’

Culture resale marketplace StockX has published its latest trend report, ‘The State of Resale’, in which it has unearthed new details and data on the secondary sneaker and streetwear market. The information, which has been collated from global sales data over the seven months of 2024 and compared to the same period last year, exhibits shifting...

Fashion Featured

The RealReal Luxury Resale Report 2024: Grassroots, sustainability and bling

Luxury resale marketplace The RealReal released its seventh annual “Luxury Resale Report” on Wednesday, which analyses the shopping and consignment behaviours of the company’s more than 37 million members. It also spotlights the key trends currently shaping demand and resale value for the most sought-after luxury brands and items - dominated by...

Business

Recommerce tech provider Trove acquires resale marketplace Recurate

Trove, a provider in branded resale and customer trade-in services, has announced the acquisition of resale marketplace Recurate in what the company said is a bid to make branded resale “more accessible and easier to launch and scale”. As part of the acquisition, Trove will merge its resale capabilities with Recurate’s peer-to-peer expertise,...

Fashion

Luxury resale market is surging as consumers embrace 'better for less' ethos

Consumers, particularly millennials and Gen Z, are increasingly turning to pre-owned statement designer items for summer events, says eBay. This trend, dubbed the "Brat Green summer" by industry insiders, reflects a broader shift towards sustainable fashion and value-driven purchasing. Recent data from eBay reveals a marked increase in searches...

Retail

Bloomingdale's partners with Rebag to enhance access to the luxury secondhand market

US department store chain Bloomingdale’s has entered into a strategic and digital partnership with luxury resale platform Rebag. Through the new partnership both brands aim to expand access to the luxury resale market while promoting secondhand shopping. The new partnership sees Bloomingdales offer a specially curated selection of more than...

Business

Around 50 percent of Luxe Collective stock stolen from warehouse

Co-founder and chief executive officer of pre-loved luxury platform Luxe Collective, Ben Gallagher, has revealed that around 500,000 pounds worth of the company’s stock has been stolen from its warehouse. According to Gallagher, the amount of product stolen makes up about 50 percent of the company’s entire owned stock. It appeared that the...

Fashion

Second-hand chic: UK's vintage market surge

The UK is witnessing a significant shift in consumer behaviour, with the second-hand clothing market experiencing a notable uptick. A recent survey conducted by South Western Railway reveals that 77 percent of Britons have purchased pre-owned clothing in the past year, underscoring a growing trend towards sustainable fashion choices. The...

Fashion

Elton John puts hundreds of items up for charity auction via Ebay

Famed British singer Elton John has put hundreds of personal items from his wardrobe up for sale on Ebay via a charity auction that is set to benefit his AIDS Foundation. Dropping in time for Pride Month, the ‘Rocket Man Resale’ features a wide ranging offer of some of John’s most notable pieces, including Gucci jackets, Versace robes and...

Fashion

Vinted Impact Report 2023: Second-hand replaces new clothes in Europe

Second-hand fashion is becoming increasingly important to European consumers. In its latest ‘Impact Report’, second-hand platform Vinted has analysed the place that used clothing is taking up in people's wardrobes and gives insights into consumer behaviour in the second-hand category. These are based on a survey of around 100,000 members of...