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The Kardashian-Jenners are getting in on resale — a lucrative apparel trend that is growing as shoppers both look for deals and support sustainability efforts.
Resale has grown 21 times faster than the retail apparel market over the past three years, according to a March report by resale marketplace ThredUp. The company predicted the segment will reach $51 billion by 2023. Around 64% of women last year purchased a second-hand fashion item or “are open” to it, up from 45% in 2016, per the report.
Within the last few months, Big Lots, Channel Control Merchants, and American Freight have each announced bankruptcy. The immediate future looks different for each of these organizations, and while these developments were somewhat expected to those in the know, they’re…
Apple released four new iPhone 16 models in September 2024. While the announcement, hype, and release happened just as consumers and players in the mobile industry have come to expect, what happened next in the secondary market was something of…