How green conscious shoppers are boosting second-hand clothing sellers
There is a risk that the trend for buying and selling used clothes ends up being a pandemic flash in the pan
16 May 2021 - 08:03
Vinted, the Lithuanian app that lets users buy and sell pre-owned clothes and accessories, was valued this week at €3.5bn, not far below more established European retailers such as Hugo Boss and Sports Direct owner Frasers Group.
The Vinted fundraising underlines the current vogue for vintage and second-hand apparel — a market that has grown with the listings of US resale platforms Poshmark and ThredUp in 2021...
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