Is fashion resale an avenue for sustainability? - TopView @ E2expo
An interesting interview on FashionUnited with Charles Gorra, CEO of Rebag, puts the spotlight on the resale market for fashion item.
From being a poor cousin to mainstream fashion just a few years back, second hand seems to be gaining a larger mindshare and market. A 2019 report by resale platform ThredUp estimated that the market has grown 21 times faster than first hand fashion retail over the previous three years.
The interview throws up interesting insights on the possible reasons behind this remarkable growth in the second hand fashion market, and also some of the business processes and systems his company is putting in to make this a more international phenomenon, going beyond the US.