It’s a sign, if another was needed, that fashion resale is booming. A recent study released by resale platform, thredUp, projected the total second-hand market will grow to £57 billion by 2029, reaching nearly twice the size of the fast fashion segment in the same period.
Of course, the desire to take inventory of - and release money from - our unworn clothes set in during the pandemic, setting an accelerated pace for fashion resale that hasn’t let up since as people realise its benefits as a sustainable lifestyle practice.
Gen Z has been on the resale tip for years, with many under 25s making their pocket money buying and selling pre-loved clothing, and nearly box fresh sneakers on eBay, Depop and Grailed. Those of us harbouring expensive designer items from brands such as Alexander McQueen, or Balenciaga can even re-sell them back to the brands through special schemes.
If you want to sell the unworn clothes taking up space in your home, or invest in pre-loved garments, what are the resale platforms to know now? SPHERE takes a highly curated look at this growing fashion phenomenon.