resale market

58% of US Consumers Sell Used Clothes to Earn Extra Money
58% of US Consumers Sell Used Clothes to Earn Extra Money
April 10, 2024  |  Consumer Finance

In the latest edition of “The Paycheck-to-Paycheck Report: High-Income Consumers Lead Surprising New Data on Side Hustles,” PYMNTS Intelligence explored a variety of methods U.S....

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Nearly Half of High-Income Consumers Purchased Secondhand Products in 2023
Nearly Half of High-Income Consumers Purchased Secondhand Products in 2023
January 11, 2024  |  Retail

Despite the monthly inflation rate staying below 4% from June 2023 to November 2023, stagnant wages and rising prices have prompted consumers to adjust their...

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Upscale Resale Platform The Luxury Closet Lands in the UK
Upscale Resale Platform The Luxury Closet Lands in the UK
July 13, 2022  |  Shopping

Dubai-based upscale resale platform The Luxury Closet has launched in the U.K. As of Tuesday (July 12), the reseller’s mobile app and website, which are...

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Reseller Market Maintains Momentum With Nordstrom’s Entry
Reseller Market Maintains Momentum With Nordstrom’s Entry
February 11, 2020  |  Retail

If there was any stigma left about used clothing it may have been erased last week as Nordstrom put its high-end brand on what it...

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