Secondhand Clothing news and trends

Resale Firms Struggle to Profit in Growing Secondhand Apparel Market

July 03, 2024
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Resale Firms Struggle to Profit in Growing Secondhand Apparel Market

July 03, 2024
While more people are embracing the idea of buying and selling secondhand clothing, companies specializing in selling these items are reportedly facing challenges in turning a profit. The U.S. secondhand apparel market was valued at approximately $43 billion in 2023, The Wall Street Journal (WSJ) reported Wednesday (July 3), citing data from online apparel reseller […]