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End of Ownership – Renew Your Wardrobe With Second Hand Is The New Hit

The lifespan of the fashion product is becoming more elastic as pre-owned, refurbished, repair and retail business models continue to evolve. Fashion players will increasingly tap into this market to gain access to new consumers seeking both affordability and a move away from the permanent ownership of clothing. Noting new power players like The Real Real, Thred-Up, and Urban Outfitters Nuuly.

More related articles: Farfetch’s next move? testing the resale market, Retail at risk: analysts cite resale revolution, Retail at risk: analysts cite resale revolution, Retail’s latest disruptor: the resale industry.

Merchandising and Design Experts (MADE) specializes in trend forecasting and market positioning foresight for the fashion and retail market.  Delivering researched and highly relevant insight on market conditions, emergent opportunities, and key products. MADE bespoke reports help clients to identify and capitalize on current and future market trends. For more information about these topics and market trends and strategy please contact MADE Trends.

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