Second Hand news and archive

Shoppers to spend two billion pounds on secondhand gifts this Christmas

The secondhand market has already taken precedence over consumer priorities in recent years, and it seems that even into the festive season, the sector will continue to enjoy a favourable environment. In fact, according to new research by Vinted and Retail Economics, UK consumers are expected to spend over two billion pounds on secondhand gifts...

Business

Online wholesale platform Fleek raises 20.4 million dollars for expansion plans

Online platform for wholesale secondhand fashion Fleek has raised 20.4 million dollars in funding. This consists of a 14.8 million dollar Series A financing and a 5.6 million dollar seed round. The investment was backed by HV Capital, Andreessen Horowitz and Y Combinator, as well as investors such as Shopify chairman Harley Finkelstein and...

Background

The future of fashion: is less more?

A confession. My original research question was, “What if the fashion industry simply made less clothes?” (Over)production, reducing speed and seasons could be the answer to almost everything?!, was my thought process. As in: for sustainability in the clothing sector and more broadly: in the pursuit of a circular economy (see text frame below)....

Fashion

India's green fashion lovers switch to secondhand

India's enormous garment sector churns out billions of dollars' worth of new clothes each year, but some local fashion lovers are switching to secondhand to assuage worries about the industry's environmental impact. It is a tiny drop in a massive ocean, but hipster shoppers in the capital New Delhi say their example is slowly shifting the...

Business

Everything that has shaken up the second-hand sector in recent months

In recent months, the second-hand market has continued its meteoric growth. The main players and startups in the sector are adapting to this dynamic to meet a growing demand, driven by large-scale initiatives and changes in consumer habits. A booming market The second-hand sector is becoming a real economic driver, with market forecasts reaching...

Business|REPORT Featured

Seven billion euros for European GDP: Second-hand sector calls for legislative support to maximise impact

The second-hand fashion industry has emerged as a key player in the global circular economy, making a significant contribution to Gross Domestic Product (GDP) in Europe and Africa and generating thousands of jobs, particularly for women. This was revealed in a report by Oxford Economics, commissioned by Humana People to People and Sympany+,...

Fashion

Going green? British fashion struggles with sustainability

London — In an industrial underground space in central London, models in contrasting period dresses and playful streetwear strutted down a brightly lit London Fashion Week (LFW) runway. But unlike most other shows, all the floral dresses, trending workwear, and double-denim outfits were second-hand at the event by charity Oxfam and online used...

Fashion

Oxfam partners with Vinted for London Fashion Week catwalk show

Charity retailer Oxfam is partnering with pre-loved fashion marketplace Vinted for its catwalk showcase during London Fashion Week, as part of its sixth annual ‘Second Hand September’ campaign. The ‘Style for Change’ show will take place on September 12, opening London Fashion Week with a catwalk show featuring all pre-loved clothing styled by...

Retail

Paris: Galeries Lafayette opens pre-owned watch and jewellery space

Galeries Lafayette Haussmann, the flagship department store of Galeries Lafayette in Paris known for its Art Nouveau Dome, has opened a dedicated space for pre-owned watches and jewellery. On LinkedIn, the Galeries Lafayette group explained that the opening of this new space reflects a strong demand from its clientele. Located on the ground...

Business|Interview Featured

Managing discarded clothes at source - German start-up Recyclehero shows how

With around 5.5 kilograms of used clothing per capita per year, Germans are not only the top exporters of used textiles in the EU, but also worldwide, surpassed only by the USA and just ahead of UK. These clothes are a burden on people and the environment, not only in their own country, but also in the Global South, where the clothes often end...

Retail

TikTok Shop launches new 'Preowned Luxury' category in the UK

TikTok Shop, the social commerce marketplace from the social media platform, has expanded its ‘Preowned Luxury’ category to the UK market. Announced on April 22, Earth Day, the development sees TikTok expand its luxury category to consumers across the pond, as it goes head to head with luxury secondhand marketplaces such as The RealReal,...

Report

Vinted acquires Danish marketplace Trendsales

Second-hand marketplace Vinted has announced the acquisition of Trendsales, a Danish marketplace through which it looks to solidify its presence in the Nordic region. The move comes shortly after Vinted made debuts in Sweden, Finland and Denmark, where it launched in September 2023 as part of its continued expansion plan. Here, Trendsales has...