SAN FRANCISCO - The second-hand clothing market has seen huge growth on the back of renewed interest in sustainability, but how realistic are predictions that it will overtake fast fashion within 10 years?
Brands to have recently become involved with second-hand or rental clothing include some of the biggest names in the business such as H&M, Urban Outfitters, Banana Republic, JCPenney and Asda.
Online second-hand retailer ThredUp recently released its 2019 Resale Report, which predicted that the market value of second-hand would overtake that of fast fashion within a decade.