Resale news and archive

‘A circular economy for the textile industry offers opportunities, but also needs action’

A recent report looks at the chances and challenges of a circular textile industry in the Netherlands, thus providing interesting input for other countries as well. The report titled ‘Towards a Dutch Circular Textile Industry’ was published by Invest-NL, an investment company that finances sustainable and innovative projects. While a circular...

Retail

Perfect Moment expands US resale program overseas to the UK, France, Italy and Germany

High-performance, luxury ski wear and outerwear brand Perfect Moment has rolled out its US resale progam overseas to the UK, Italy, Germany and France. Named Perfect Second Moment, the resale program is designed to extend the lifecycle of the brand’s products while promoting the concept of a circular economy. “This global expansion represents...

ManagementFeatured

Vestiaire Collective announces AI advancements and tech appointments

Resale fashion platform Vestiaire Collective is continuing to invest in Artificial intelligence (AI) driven technologies with a new AI-powered search engine, alongside the arrival of two tech veterans to further develop and implement its tech strategy globally. Stacia Carr joins Vestiaire Collective as the company’s new chief technology and...

Fashion Featured

Runway to resale: Fashion week trends that drive demand in the secondhand market

With Fashion Month concluding on October 1st in Paris, focusing on Spring/Summer 2025, it has sparked an immediate buying frenzy in the secondhand market. Fashion Weeks are now more influential than ever, particularly on resale platforms, where fashion enthusiasts rush to find pieces that echo what they’ve admired on the runway. From high-demand...

Fashion

Béis launches resale platform with Trove

Béis, the luggage brand founded by actress Shay Mitchell, is teaming up with resale tech company Trove to offer a new resale platform to offer pre-loved Béis products. ‘Second Béis’ will let consumers buy gently used best-selling Béis products, including weekenders, rollers, backpacks, and commuter totes/duffles. Adeela Hussain Johnson, chief...

Retail

Zara to offer second hand clothes in U.S. market

Inditex's flagship brand Zara is set to launch its Pre-Owned platform in the United States by late October, as revealed in the company's half-year earnings report. This initiative, which allows customers to sell, donate, or repair secondhand clothing, aligns with a broader industry trend towards circular fashion models. The expansion comes...

Report

Littlest Luxuries merges with Little Fashion House

Littlest Luxuries, a pre-loved childrenswear destination for ages 0-16 years has relaunched following a merger with childrenswear resale platform Little Fashion House. Headquartered in London, the peer-to-peer business is looking to become the leading authenticated marketplace for pre-loved designer childrenswear to provide a solution to the...

Business |Opinion Featured

Exiting the clothing industry as an investor: Is this the right path to sustainability?

Last week, ASN Impact Investors, the asset manager of Netherlands-based ASN Bank, announced that it sold all its stakes in clothing companies. This step was taken because major fashion brands such as H&M, Zara and Asics are not making sufficient progress in the area of sustainability. While this may seem like a bold decision at first glance, it...

Fashion

StockX report: ‘Sneaker resale isn’t dead’

Culture resale marketplace StockX has published its latest trend report, ‘The State of Resale’, in which it has unearthed new details and data on the secondary sneaker and streetwear market. The information, which has been collated from global sales data over the seven months of 2024 and compared to the same period last year, exhibits shifting...

Fashion Featured

The RealReal Luxury Resale Report 2024: Grassroots, sustainability and bling

Luxury resale marketplace The RealReal released its seventh annual “Luxury Resale Report” on Wednesday, which analyses the shopping and consignment behaviours of the company’s more than 37 million members. It also spotlights the key trends currently shaping demand and resale value for the most sought-after luxury brands and items - dominated by...

Report

Recommerce tech provider Trove acquires resale marketplace Recurate

Trove, a provider in branded resale and customer trade-in services, has announced the acquisition of resale marketplace Recurate in what the company said is a bid to make branded resale “more accessible and easier to launch and scale”. As part of the acquisition, Trove will merge its resale capabilities with Recurate’s peer-to-peer expertise,...

Fashion

Luxury resale market is surging as consumers embrace 'better for less' ethos

Consumers, particularly millennials and Gen Z, are increasingly turning to pre-owned statement designer items for summer events, says eBay. This trend, dubbed the "Brat Green summer" by industry insiders, reflects a broader shift towards sustainable fashion and value-driven purchasing. Recent data from eBay reveals a marked increase in searches...