The notoriously boom-or-bust fashion industry is turning to a surprising source to woo shoppers: secondhand clothes and handbags. The resale clothing marketplace in the United States is exploding. Over the past three years, the secondhand clothing market has grown 21 times faster than the overall industry, according to a GlobalData Retail research report prepared by resale site ThredUp. The resale clothing industry is expected to nearly double from $28 billion today to $51 billion by 2023. Neiman Marcus, H&M and online luxury site Farfetch have all recently entered the resale industry to ad...
Updated: 06/02/2019 07:03P
Speaking of which, Mr Shorten also wants to introduce a cap on the resale price of tickets at 110 per cent of the initial face value. “Big events should not be out-of-reach of everyday Aussie fans,” Mr Shorten said. “I know how frustrating it is for
Updated: 11/29/2018 09:43P