Secondhand market has tripled since 2020, according to new report

what-an-accelerating-secondhand-market-means-for-fashion-brands-and-retailers-oct-22.pdf-1

The value of the apparel, footwear, and accessories resale market is estimated at between $100 and $120 billion worldwide, nearly three times the size it was in 2020, according to a new study by Boston Consulting Group (BCG) and global resale platform Vestiaire Collective. The report, titled “What an Accelerating ...

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