In partnership with Cross-Border Magazine, we have published the article “Recommerce – an extremely fast-growing e-commerce sector” where you can read about how this sector has grown significantly since the start of the internet and the total breakthrough of e-commerce.
Second-hand apparel has historically had quite a strong presence due to its low cost. However, in recent years, consumers have been using their buying power to make more thoughtful decisions about where their money goes. The global second-hand clothing market is now projected to generate USD 77 billion in revenue by 2025, up from USD 27 billion in 2022. Even more, people have become conscious of how their clothes are manufactured. Therefore, sustainability has become a leading factor in fashion purchasing decisions compared with previous years.
To read more, you can download the article directly (pdf, 1 MB).