H&M US to launch second hand service with ThredUpGet the full story. Unlock exclusive fashion industry insights, data, and analysis by subscribing today.Email addressContinueOR CONTINUE WITHGoogleLinkedInH&MResaleThredUPRelated NewsBusinessMemberH&M closes quarter with 3 percent sales increase, profits halvedH&M reported increased turnover (though weaker than analysts' forecasts) for the quarter spanning December 1 to February 28. Furthermore, the Swedish group's sales are projected to increase by 1 percent in local currency in March compared to the same month last year. In a statement released today, March 27, the company estimates that the overall...24 minutes agoBusinessFeaturedMemberShein reigns supreme, taking the lead apparel market share in 2024 amidst a tough economyShein, the ultra-fast fashion giant from China, strengthened its ever-tightening grip on the apparel market in 2024, outpacing competitors once more as budget-conscious consumers continued to turn to familiar brands amid growing economic uncertainty. The Singapore-based Shein is estimated to have extended its apparel market share by 0.24...Mar 25, 2025Fashion |Report FeaturedHow secondhand fashion is reshaping the global apparel marketThe global secondhand apparel market is on an unprecedented growth trajectory, set to reach 367 billion dollars by 2029, according to ThredUp’s annual Resale 2025 report. This sector is expanding at a pace 2.7 times faster than the broader global apparel industry, reflecting a seismic shift in consumer behavior and retail strategies. In 2024...Mar 20, 2025