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The second-hand apparel market is growing 21 times faster than the primary market according to B-Stock, the world’s largest online B2B platform for returned and excess apparel.Driving the trend is the rise in online resale and consignment marketplaces as well as young consumers looking to make more sustainable shopping choices.
Sustained inflation has compressed consumer spending across categories, resulting in softened sell-through rates and climbing aged inventory ratios. For retailers, brands, and manufacturers, the downstream effects are distinct, but the core problem is the same: the excess inventory is there,…
This well-known athletic retailer had large volumes of aged overstock held at various distribution centers (DCs) around the country. A small group of jobbers purchased the inventory on informal terms, managed by each DC, leading to inconsistent processes and outcomes…