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With fast fashion under microscope for its environment impact and kids wanting to be more sustainable, the second-hand apparel market is growing – at a miraculous 21-times faster than the primary market.
So finds B-Stock, the world’s largest online B2B platform for returned and excess apparel. The trend is being driven by the rise in online resale and consignment marketplaces, as well as young consumers who look to make more sustainable shopping choices.
More from the B-Stock Blog
Stop Managing the Excess Inventory Backlog. Start Clearing It.
The numbers are hard to ignore. According to the National Retail Federation, retailers expect ~16% of annual sales to be returned, roughly $850 billion in merchandise. According to McKinsey & Company, it’s forced retailers to spend an estimated $200 billion…
Recommerce: Earth Day Sustainability Infographic
In honor of Earth Day, explore how recommerce is transforming the retail landscape by driving sustainability and the circular economy. As the world’s largest B2B recommerce platform, B-Stock enables retailers and brands to redefine sustainability by giving new life to…
Recover More Value from Returns and Excess Inventory
When returned and unsold goods tie up working capital and force write-downs, they quietly erode margins, delay cash conversion, and impact financial performance every single day. Discover how finance teams are turning to technology-driven B2B resale platforms to: Improve recovery…
