Apparel resale to grow to $64B market in five years
June 23, 2020
A new report by ThredUP and GlobalData Retail forecasts that the secondhand apparel market will grow from $28 billion today to $64 million within five years. “Resale is here to stay,” said James Reinhart, founder and CEO of ThredUp. “The next question is who wins and who loses.”
Recent News
NHTSA Investigates Tesla Autopilot Again After Recent Software Update
Tesla Autopilot is once again the subject of an NHTSA investigation.
Home Depot Holds Halfway to Halloween Sale: Skelly’s Back
It’s halfway to spooky season, and Home Depot is celebrating.
Kaiser Discloses Health Insurance Data Breach
Health insurance company Kaiser is notifying millions of its current and former members about a data breach. The breach occurred when Kaiser shared patients’ information with third-party advertisers like Google, Microsoft, and X (formerly Twitter).
Satirical Site The Onion Acquired by Global Tetrahedron
The satirical news website, The Onion, has been sold by G/O Media to a group of digital media veterans.