PLANO – American department store chain J.C. Penney (JCP) is set to offer second-hand clothing at 30 of its stores, after partnering with online used clothing retailer ThredUp.
The stores will sell women’s clothing and handbags, with JCP saying that each will be curated and refreshed weekly, with the aim of offering continued “newness and excitement” for shoppers.
The Thred Up 2019 Resale Report said that in 2028, the second-hand clothing market will be worth US$64 billion, in comparison to US$44 billion for fast fashion. As of 2018, fast fashion was worth US$35 billion and second-hand US$24 billion.
