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Secondhand Grew 15X Faster than New Apparel Sales in 2023, but ThredUp CEO Still Sees Ample ‘White Space’

Retail TouchPoints

Source: ThredUp 2024 Resale Report In 2023, global sales of secondhand apparel reached a staggering $197 billion (up 18% from $167 billion the year before), and ThredUp projects that figure will reach $350 billion by 2028. alone, secondhand apparel accounted for $43 billion in sales in 2023, and it’s expected to reach $73 billion by 2028.

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The Power of Storytelling: How These 3 Footwear Brands Are Winning The Market

Talkoot

The Global Footwear Market: An Overview After being buffeted by the pandemic and accompanying supply chain disruptions, the footwear industry has bounced back and is now projected to grow at a CAGR of 5% and hit $314.2bn by 2028. The 3 brands in focus have done all that and more in different ways.

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2023 Ecommerce Fulfillment Statistics: What the Data Tells Us

Ecommerce Platforms

trillion by 2028, and companies who want to “cash in” on the industry need to be prepared. In fact, only 1% of fashion and apparel brands achieved their shipping speed goals. Unfortunately, 77% of respondents also said that labor shortages have influenced their operations in some way. QZ ) Amazon sells around 1.6