added by Danielle Vermeer ยท updated 2y ago
thredUP
- If e-commerce took away the need to go to a physical store to browse, try on and buy clothes, social commerce removes the need to permanently own them. The total resale market is expected to double in value to $51 billion in the next five years, according to a report from ThredUp. Traditional retail operates on product newness and seasonality. In c... See more
from The ultimate guide to social commerce by Ana Andjelic
sari added
- In the US alone, the secondhand fashion market could grow 20% between 2020 and 2025 to reach $67 billion in size, according to estimates by Business of Fashion Insights.
from Can Fashion Resale Ever Be a Profitable Business? by Business of Fashion
Danielle Vermeer added
Danielle Vermeer added