Retail News

Apparel resale to grow to $64B market in five years

CNBC 06/23/2020

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.”

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