Secondhand Will Be Larger Than Fast Fashion Within 10 Years
- Christoper Whitted. CEO, Open Source Software.
RESALE DISRUPTORS ARE GROWING BY 15% ANNUALLY, WHILE RETAIL BY 2% ANNUALLY
THERE ARE MORE SECONDHAND SHOPPERS THAN EVER BEFORE
“Rental & pre-owned will increase as consumers regularly update looks for social media & as consumer attitudes toward ownership and sustainability change.”
– Shoptalk x Robin Report on “75 Ways Retail Will Change in the Next Decade”
The Eco-Impact If Everyone Shopped Thrift
If everyone bought just one used pair of shoes instead of new this year, we would save:
All the cars in Los Angeles taken off the road for 4 years.
The annual power consumption of 32 million homes