November is upon us and that means holiday shopping is officially underway. And this year, all signs point to people thinking out-of-the-(new)box when it comes to holiday gifts. With sustainable fashion (thank you, Megan Markle) and the popularity of online resale stores (Poshmark, The Real Real) spiking, giving the gift of ‘used’ will be in vogue this year.
The Rise of Secondhand
Did you know that because of the environmentally-conscious Gen Z and Millennials, the apparel resale market has grown 21x faster than the primary market in the past three years? This means big opportunity for apparel buyers! This holiday with easy online access to big brands for smaller budgets and socially-responsible purchasing in mind, secondhand will be a gift-giving trend.
Top Five Secondhand Gifts
When it comes to used apparel and accessories, what do people want? Our data shows the top five used gifts for holiday 2019 will include:
- Designer Purses/Bags: name brand handbags, satchels, large totes, and backpacks
- Denim: popular pieces include jeans, skirts, and jackets
- Footwear: the most in-demand styles include over-the-knee boots, wedges, and sneakers
- Trendy Women’s Clothing: puffer coats, leather coats, bodysuits, jumpsuits
- Fine Watches: anything name brand is highly sought after
Where to Find the Top Gifts
B-Stock offers buyers access to over 20 different marketplaces to source apparel, footwear, and accessories. In fact, with over 20 million units of apparel sold annually across our marketplaces, it’s one of our largest categories! Find Movado fine watches and Michael Kors designer handbags on Macy’s. Get great deals on coats and jackets from Sears Overstock Auctions. Stock up on boots and shoes from Clarks, Sketchers, Vince Camuto and more on the QVC Liquidation Auctions marketplace. Source trendy denim styles direct from JCPenney Liquidation Auctions. From seasonal apparel to trendy junior styles, buyers can find what they’re looking for on our network of apparel, footwear, and accessories marketplaces.
To learn more about best practices when it comes to buying and reselling apparel, be sure to read our blog A Guide to Buying Liquidation Apparel, Accessories, & Shoes.