...around $40 billion and another GlobalData report, commissioned by Vestiaire’s sector peer ThredUp, said global sales of secondhand items could be worth $77 billion by 2025, although profitability is a problem for s...
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95 published items with the word (s) or phrase secondhand in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
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![]( "Vestiaire Collective valuation rises to $1.7bn as it raises more funds")
Vestiaire Collective valuation rises to $1.7bn as it raises more funds -
![]( "H&M debuts in Panama, now in 75 markets")
H&M debuts in Panama, now in 75 markets...this latest move, it means the brand is now present in 75 markets.Earlier this year, H&M Group expanded its Sellpy secondhand partnership into 20 new markets and announced the opening of its first Arket store in Ru...
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![]( "ThredUp acquires Remix, debuts European expansion")
ThredUp acquires Remix, debuts European expansion...one of Europe's leading fashion resale companies, signalling the brand’s international expansion in Europe, where the secondhand market is expected to grow to $39 billion by 2025. ThredUp acquires Remix, debuts Eur...
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![]( "Madewell launches dedicated denim resale platform")
Madewell launches dedicated denim resale platform...The J.Crew Group-owned denim brand announced on Tuesday that it is expanding its existing partnership with secondhand specialist ThredUp through the launch of its own resale platform, Madewell Forever.
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![]( "Etsy to acquire Elo7 for $217 million")
Etsy to acquire Elo7 for $217 million...quarter of 2021, subject to satisfaction of customary closing conditions.The announcement follows plans to acquire secondhand fashion specialist Depop, revealed earlier this month. The $1.625-billion deal is expect...
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![]( "Luxury is recovering, China and US are key, Europe stays cautious")
Luxury is recovering, China and US are key, Europe stays cautious....” That rises to seven in 10 for Millennials and Gen Z.Finally, there’s the impact of new business models, such as secondhand and rental to take into account. The report coming on the day that Kering announced an i...
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![]( "Etsy to buy Depop for $1.6bn+, will keep it as a standalone")
Etsy to buy Depop for $1.6bn+, will keep it as a standalone...Big news on the acquisition front — Etsy, the online marketplace, is acquiring secondhand fashion specialist Depop. It’s paying $1.625bn for the London-based, privately-held firm with the transaction to complete in...
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![]( "Benetton links with Depop for UK and US archive sales initiative")
Benetton links with Depop for UK and US archive sales initiative...expression of Depop’s creative community”.It champion’s “the longevity of the Benetton archive and the value of shopping secondhand” and sees Depop sellers from across the UK and US taking part.Benetton CEO Massimo...
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![]( "Gen Z inspired by conscious consumption, sustainability and self-expression")
Gen Z inspired by conscious consumption, sustainability and self-expression...while 35% claimed to be minimizing their plastic use and 45% said that they now only buy secondhand clothing. Indeed, although the popularity of secondhand clothing has been growing steadily across different age de...
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![]( "Pre-loved arrives at Bicester Village as Worn opens")
Pre-loved arrives at Bicester Village as Worn opens...back in 2009 and with online searches for vintage and other secondhand-linked keywords having surged last year, it clearly remains relevant today. Estimates suggest the secondhand clothing market could grow by 18% ...