$350BN by 2028
The resale market value. The the global secondhand apparel market is growing 3X faster than the overall global apparel market.
80%
Of millennials intend to resell their fashion purchases.
67%
Of brands say resale will generate a meaningful revenue stream for their companies within the next 5 years. However, their biggest challenge is getting enough inventory of the pre-owned product.
76%
Of online shoppers think that the stigma around second-hand shopping has decreased.
Monetise the resale market with a customer first proposition
Improve conversion rates.
Acquire new customers.
Diversify revenue streams.
Build Brand Loyalty.
Drive a circular ecosystem.