The spread of the coronavirus has presented the vast majority of the fashion industry with uncertainty, as retailers had to close shop, fashion events were cancelled or postponed and consumer shopping behaviors changed. But, the resale market acted as a bright spot in this otherwise bleak reality: according to ThredUp’s annual Resale Report,...
24 Jun 2020
The secondhand luxury market is showing no signs of slowing down, at least not in Rebag's case. The resale retailer of luxury handbags has just opened its second store in Miami, Florida, marking its tenth store currently in operation in the U.S. Rebag first entered the Miami brick-and-mortar market five months ago, with a flagship location in...
14 Nov 2019
American consumers are more open to buy and sell secondhand apparel than ever before: the resale market has grown 21 times faster than the retail fashion market over the past three years and is projected to grow from 24 billion US dollars to 51 billion US dollars in the next five years, according to ThredUp’s annual Resale Report. That means the...
20 Mar 2019