The secondhand industry is complex and opaque, and many consumers, even secondhand consumers, lack understanding of how most charity thrift stores function in our current society. Charity thrift stores have been around for centuries. The secondhand clothing industry has long been marketed to consumers as a form of charity but it has always been a b... See more
Thanks to increased consumer consciousness around sustainability, the circular economy, and fair labor, resale has become fashion’s hottest sector—and brands want in. But scaling and making resale profitable isn’t easy, and with increasing competition in the space, it’s only going to get harder.