Danielle Vermeer

Starting a social token can be an excellent way to raise financing. It can also turn followers into investors and align a group around a common cause.

Consumers are adopting resale to:1. Save money 2. Afford higher-end brands 3. Find one-of-a-kind items 

Shifting fashion from a perpetual growth model to a sustainable approach will not be easy. Moving to a post-growth fashion industry would require policymakers and the industry to bring in a wide range of reforms, and reimagine roles and responsibilities in society.

The luxury secondary market was estimated to be worth $32 billion in 2020, but only 5 to 7 percent of resalable inventory globally was actually resold that year, according to BoF Insights research.

Human communication is based on the exchange of social signals that are essentially multimodal. If these signals deviated from expected patterns, this indicated problems in the communication. The pattern of deviation identified the type of problem suggesting how to repair it. 

Over the past 15 years, clothing production has doubled while the length of time we actually wear these clothes has fallen by nearly 40%.