Fast Fashion Is Out. Pre-owned Fashion Is In.

 

Fast Fashion Is Out.

Pre-owned Fashion Is In.

Eco-conscious shoppers are paying more and more attention to sustainability these days.

No wonder, then, that they’re increasingly turning to second-hand fashion marketplaces – so much so that the industry’s expected to grow 20% a year for the next five years.

That wouldn’t just make it a fast-growing segment: it’d make it one of the fastest-growing segments in the entire retail industry.

And investors are taking full advantage: several second-hand fashion marketplaces have made hugely successful stock market debuts this year, and there could be a lot more to come.

You can read our thoughts and ideas on the future of charity shops here.

Thank you for reading!

 

Above: Our visualisation of the future of charity shops

 

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