10 Stats Proving Secondhand Fashion Will Explode As Consumers Factor In Sustainability
4 Mins Read The latest data shows that secondhand fashion that will lead sustainable fashion and see explosive growth in the next few years.
4 Mins Read The latest data shows that secondhand fashion that will lead sustainable fashion and see explosive growth in the next few years.
8 Mins Read You can dress stylishly and sustainably with a little help from the best secondhand shops in Hong Kong. We know, WE KNOW. It’s always tempting to shop with all the new and trendy clothes everywhere, especially when it feels like they are always on sale. But we have to face facts! Our planet is suffering […]
4 Mins Read Used clothing sales are expected to reach $77 billion by 2025. The figure is predicted to be directly impacted by popular resale sites and apps. Retailers have identified the surge in resale activities and are looking to cash-in with trade-in initiatives and secondhand platforms of their own. The move is considered commercially astute, consumer-positive and […]
3 Mins Read Italian fashion house Prada is considering how to leverage secondhand sales, according to the brand’s marketing chief. The move comes in the wake of younger consumers looking for conscious ways to buy designer goods. Prada has not yet revealed how it plans to tap into the second-hand sector. As a brand, Prada has become synonymous […]
4 Mins Read Thanks to the digital age, secondhand shopping has totally taken off online and is no longer confined to the neighbourhood charity thrift shop. Gone are the days where you have to sort through piles of donated clothing for your next sustainable fashion purchase. Now, buying and selling preloved clothing has never been easier thanks to […]
3 Mins Read Created by sisters Nicole and Frankie, Bandi is a new secondhand clothing app helping users find their clothes swap twin to shop sustainably.
3 Mins Read Secondhand fashion platform Vestiaire Collective bags $209 million in a new round backed by SoftBank and Al Gore’s Generation Investment.
4 Mins Read Millennials in Hong Kong and Southeast Asia are buying secondhand because they want to be more sustainable, according to a Carousell report.
3 Mins Read One of the largest online resale apparel platforms, ThredUp will be acquiring Remix, one of Europe’s major fashion resale companies.
4 Mins Read Within the next five years, the secondhand apparel market in the U.S. is expected to reach US$77 billion, says a new report.
3 Mins Read Banana Republic unveiled its ‘Banana Republic Vintage’ secondhand collection on a temporary online shop and in its FlatIron outlet.
3 Mins Read IKEA has launched its much-anticipated secondhand furniture program around the world, as part of the retail giant’s goal to go fully circular by 2030. The new sustainable Circular Hub concept opening across IKEA stores were originally scheduled to land in November, but have experienced pandemic-related delays. Swedish home furnishing giant IKEA has opened its buy-back […]
4 Mins Read Clothing and home goods marketplace Vinted recently announced that it closed an all-equity round of EUR€250M (approx. US$303M), and as a result, the company’s value now stands at approx. US$4.5 billion, a significant jump from its end 2019 value of US$1 billion valuation. The European startup’s round was led by purpose-driven global investment firm EQT Growth […]
4 Mins Read After ten years of organising secondhand pop-ups and setting up a permanent headquarters in Sham Shui Po, Hong Kong, back in June of last year, environmental charity Redress has converted the space into a permanent curated secondhand clothing and accessories shop called The Redress Closet in an effort to continue its mission of reducing textile […]
3 Mins Read Reebelo, a Singapore-based refurbished secondhand electronics marketplace startup, has announced a US$1.25 million seed funding round. The startup’s new capital will be used to accelerate the company’s expansion into Asia-Pacific markets, as well as increase its offerings such as device rentals and bundles for companies. The seed round was led by Berlin-based tech investor June […]
3 Mins Read Local charity ImpactHK has recently opened a second hand clothing store called 1ofaKIND. Located in Yau Ma Tei, the shop offers employment to homeless people while encouraging a circular economy for fashion, and also doubles as a community café where food and beverages are provided at no cost for anyone in need. At a time […]
3 Mins Read Asian online fashion retail giant Zalora has just partnered up with luxury resale platform StyleTribute. The collaboration will offer users over 10,000 new choices of preloved luxury clothing, bags and accessories on Zalora’s mobile and web platforms, a move signalling that the future of the industry is heading for sustainable. The news comes as a […]
3 Mins Read It seems like it won’t just be sustainable fashion exploding this year – secondhand beauty is taking off as well. Driven by eco-conscious consumers, companies are now coming up with platforms for beauty enthusiasts to buy and sell used cosmetics and skincare products. The resale beauty market is also coming out with procedures to deal […]
3 Mins Read According to the world’s largest online B2B platform for returned and excess consumer items, B-Stock Solutions, the secondhand apparel market is growing 21 times faster than the primary market, making secondhand gifts a likely trend this Christmas season. The company, which was founded in 2008, argues that this shift is predominantly driven by more conscious […]
4 Mins Read Have we consumed our way to a climate crisis? Our entire economy is based on growth indicators and well, not all growth is good. That’s the underlying message of the degrowth movement—a term used to encapsulate political, social, and economic actions designed to sustain our existence on the planet. To some observers, the degrowth […]
4 Mins Read If you must use the e-com behemoth, Amazon, there are still some steps you can take to try and reduce the impact of your order as much as possible. It can be difficult to completely quit all online shopping. Sometimes, there might be something that you really do need and cannot source from local stores, […]