The most-wanted clothing brands at resale are probably hanging in your closet | CNN Business

  • 📰 CNN
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 95%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Louis Vuitton, Chanel, Gucci, step aside. Resale clothing shoppers are bypassing previously-owned luxury brands at discounted prices in favor of scoring secondhand mid-tier brands for less.

More affordable brands, such as Madewell, Zara, Urban Outfitters, Free People, Anthropologie, Abercrombie & Fitch and Levi’s are now the most popular brands with the best resale value, according to a new joint annual industry report from ThredUp, the world’s largest online thrift and consignment platform, and research and analytics firm GlobalData.

In this environment, he said secondhand shoppers are hyper-focused on value, especially when buying clothes, and mid-tier brands are sitting in this sweetspot. Among those brands, the report showed 30% of the top 20 offer their own resale programs. Neil Saunders, a managing director with GlobalData, said traditional retailers are responding to demand by entering the resale segment and are really the ones driving the market forward.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

पवित्र कुरान में अच्छी शिक्षा। ''ब्याज लेना पाप है‘‘ कुरआन मजीद सूरः अल्‌ बकरा—2 आयत नं. 276 :— अल्लाह ब्याज लेने वाले का मठ मार देता है यानि नाश कर देता है और (खैरात) दान करने वाले को बढ़ाता है।

And the cycle continues, not the first time people went on a “used clothing” fad!

unless it's affordable, vanity is disease

Typical republicans

Is this a nice way of saying people have less money to spend on crap?

Australia Australia Latest News, Australia Australia Headlines