It's out with the new and in with the old as the global, and local, secondhand apparel market continues to grow. As a testament to the value of the 'secondhand experience', the latest ThredUp report offered further proof of a seismic shift towards a more circular fashion ecosystem. Now in its 12th year, the Resale Report shows some of the most promising signals that consumers are losing patience with fast fashion outlets - a trend that appears to transcend generations.
The ThredUp report is a fascinating insight into how fashion fundis spend their hard-earned rands and why many people resell their used clothes rather than dump them onto a landfill. Cleaning out your cupboard and living sustainably can be perfect bedfellows; globally, 25% of people opt to resell, and this figure rises to 33% among Gen Z and Millenials.