GlobalData Plc’s Post

Rethink Fashion: The Rise of Resale The global apparel resale market is on a stunning growth trajectory! From a remarkable 18.6% surge in 2023, reaching $174m, to a projected 17.6% rise in 2024, the shift towards affordable, sustainable fashion continues to gain momentum. This report dives deep into regional trends, category performance, and the competitive landscape, offering a complete picture of how macroeconomic factors and rising consumer awareness are shaping this booming market. 📊 Explore the future of fashion resale. Click to uncover the insights that can transform your strategy: https://lnkd.in/g8Q9agdk      #SustainableFashion #ApparelResale #MarketGrowth #ConsumerTrends #FashionInsights

🌟 6 Fashion Retail Trends to Watch in 2025 🌟 Fashion is ever-evolving, and 2025 is set to bring exciting shifts to the retail landscape. From personalisation in customer experience to sustainable fashion practices, staying ahead of these trends is key for success. 🔗 Discover the full list of trends shaping the future of fashion retail and how you can prepare for them in our latest article: https://lnkd.in/e4TzMXmY Let us know which trend you’re most excited about in the comments! 👇 #ModaxPure #PureAtSpringFair #FashionRetail #SpringFair2025

Discover the latest trends in fashion resale with ThredUp's 2024 Resale Report! From sustainability to luxury's growth, this report delves into Gen Z's influence and the shift to online shopping. How are these trends impacting your business? Read the full report for valuable insights!

Discover the Samsung Fashion Research Institute's 2025 fashion industry forecast. This article delves into key trends, emerging opportunities, and strategies for brands to navigate challenges and ignite growth in a shifting global market in 2025! https://lnkd.in/gE9Sbi-s #SamsungCNT #Fashion #SamsungFashionResearchInstitute

Fashion resale is on the rise. I read an interesting article from The Business of Fashion about the resilience of the resale segment. Sarah Kent notes its upward trajectory, with total gross merchandise value within resale expected to more than double to USD 44BN by 2028, outpacing the wider apparel sector. Nowadays, even cheaper products can boast good quality. The increasing popularity of fashion & apparel resale platforms ties neatly with the industry’s ongoing sustainability story. By purchasing resold items, people can satisfy their consumption habits at a smaller environmental impact than if they purchased brand new goods. What do you think about the resale space? #Resale #Fashion #Apparel #CircularEconomy Source: https://lnkd.in/ehtHNAFm 

In anticipation of challenges and to seize opportunities, top fashion companies are expected to focus on contingency planning for the upcoming year. A major emphasis will be on controlling costs and inventories while stimulating growth through accurate price management. As we move through 2024 what are your thoughts on the state of Fashion? Let us know in the comments! #fashiontech #bettertomorrow https://lnkd.in/dA5zk23

Are you passionate about fashion and eager to stay on top of industry trends? Stay informed with these key points: 1. Keep up with the latest updates in the fashion industry to understand consumer preferences and market demands. 2. E-commerce trends are shaping the way consumers shop for clothing. Explore online platforms and strategies for success. 3. Interested in starting your own clothing brand? Learn about the essentials for launching a successful business in the competitive fashion industry. 4. Stay connected to relevant news sources to stay informed and inspired by the latest fashion news and innovations. Stay ahead of the curve and elevate your fashion knowledge! #FashionIndustry #Trends #FashionNews. #CFD #ClothingFashionDesign #Clothing #Fashion #Design #SmallBusiness #SupportSmallBusiness #ShopSmall

The global fashion industry faces economic uncertainty, a dynamic market, and consumer behavior shifts. Finding pockets of growth means navigating a complex maze. Read More: https://lnkd.in/gnkjaiBR #LuxuryConnect #LuxuryCruxx #FashionIndustry #GlobalTrends #MarketInsights #SustainableFashion #ConsumerBehavior #LuxuryRetail #FashionStrategy #EcommerceInnovation #ResilientBrands

Discover the latest trends in fashion resale with the 2024 Resale Market and Trend Report from ThredUp!📈 Learn about the growing importance of sustainability, the rise of luxury resale, and how Gen Z is impacting the market. Explore how resale is changing retail and see if your store is keeping up. Access the full report for all the details!

The State of Fashion 2025: Challenges at Every Turn (a report by Business of Fashion and McKinsey) #watchretail #retailing #mckinsey #businessoffashion