- FashionUnited |
Collection and purchasing of used and unwanted clothing is increasing thanks to the growing interest in sustainable consumption. Second-hand clothing, once bought primarily for financial reasons, has now be repositioned in the market as “pre-loved clothing” to remind consumers that clothing is not disposable.
An increase is seen in the number of online retailers like, Poshmark, who create a platform for the reselling of used clothing. Some of the largest names in the fashion industry, including H&M and Inditex, are also joining second-hand clothing movement by introducing unwanted clothing collection bins in their stores.
FashionUnited has compiled articles previously covered on the topic of second-hand clothing in today’s retail industry:
H&M, Burberry, Nike & more team up to Make Fashion Circular
Burberry Group plc, Gap Inc, H&M, Nike Inc, Stella McCartney and HSBC - some of the largest names in the fashion industry - have joined forces to develop a future, circular industry. These industry leaders have been named core partners of the initiative Make Fashion Circular and will work with the Ellen MacArthur Foundation to redesign the fashion industry.
Trend topic: How the second-hand market is growing
Second-hand clothing is becoming increasingly popular, thanks to our full wardrobes and a growing awareness concerning sustainable consumption.
Momox: Making millions with second-hand clothing
In 2016, Berlin company momox made a whopping 150 million euros in sales with used goods alone; an increase of 30 percent while profits rose by more than 50 percent. A considerable achievement for a re-commerce company that employs more than 1,000 people.
Could previously-owned fashion become the next 'Fast-Fashion'?
Vintage hunters and second-hand fashion lovers rejoice - the trend for pre-owned fashion is on the rise. Although it seems unlikely that consumers will ever turn their backs on 'fast-fashion' from high streets giants like Primark, H&M and Zara for good, a new study has uncovered the changing attitudes of female shoppers towards clothing and pre-owned fashion following the economic turndown.
Online fashion upcycling retailer Poshmark raises 87.5 million from Temasek
Poshmark has raised 87.5 million dollars in a funding round led by Singapore's state investor Temasek Holdings. The online fashion startup will use this investment for overseas expansion in Europe and Asia.