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Saved by Danielle Vermeer
Fashion Resale Is Facing an Inventory Crunch
Since the start of the year (2022), fast fashion giants H&M and Zara have launched about 11,000 new styles combined.Over the same time, ultra-fast fashion brand Shein has released a staggering 314,877 styles.
The Guardian • The Guardian
In the US alone, the secondhand fashion market could grow 20% between 2020 and 2025 to reach $67 billion in size, according to estimates by Business of Fashion Insights.
Business of Fashion • Can Fashion Resale Ever Be a Profitable Business?
Fashion is Facing Mountains of Unsold Inventory—Is the Pre-Order Model a Viable Fix?
Emily Farravogue.com
One of the ironies of Gen Z’s passion for climate advocacy is Gen Z’s simultaneous love for fast fashion. Namely, the rise of SHEIN sits in stark contrast to professed values. But consumers will always value convenience and affordability above all. An offshoot of fast fashion’s popularity is that overstock and secondhand are major categories for su... See more