Online marketplaces like Depop has a wide customer base of younger users. Photo: Bloomberg
Millions of teens and twenty-somethings have embraced an app called Depop to buy and sell vintage shoes, accessories, or an old band T-shirt that's been gathering dust at the back of a closet.Some are clearing out old stuff. Others shop at thrift stores to build inventory. "If you've got a style, you can find it at a great price from any decade and it gives you the ability to do your own outfit," said retail analyst Mary Epner."And that's what the young generation, Generation Z and Millennials want to do."A pair of 1990s jeans from Goodwill might only cost a few dollars, but those purchases add up.
Twenty-year-old Moira Campos – her Depop store, The Rise of Moira, has 40,000 followers – spends about US$1,000 a month on women's tops and other clothing, but can earn several times that in a season."I mean, I sourced from thrift stores, so it's basically giving the clothes a second life," Campos said."That really matters to me and also to my customers."
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