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Resale Industry Stats Update
According to Thread Up’s most recent survey, the apparel resale market is expected to grow 127% by 2026, with a major surge in online shopping driving a large part of that growth. The fastest growth is expected in 2022 at 24%. Now is a great time to get into the...
Luxury Fashion Resale is Booming
Can you imagine walking into a luxury store with a handbag you bought years ago, and the sales associate authenticates it as easy as banks authenticating your account when you tap your credit card — then you receive store credit that matches the market value. You can...
Recession Proof Your Consignment Resale Business
Sometimes, the best definitions are the light-hearted ones regarding recessions. "If your neighbor gets laid off, it's a recession. If you get laid off, it's a depression," as former President Harry S. Truman put it. However, a more technical definition of a recession...
The Met Gala is the Premiere Fashion Event of the Year
The Met Gala is the premiere fashion event of the year. Every year has a theme and this year’s theme “Gilded Glamour” did not disappoint! Seeing how the theme is interpreted by different celebrities is the best part of the red carpet where we see looks that go...
Furniture Resale Becoming the First Choice
Analysts believe these new retail channels will catapult the furniture resale industry to hit over $16.6 billion in sales by 2025. The Three Top Reasons for the Growth in Furniture Resale: Consumers are looking to make more sustainable purchases and furniture holds...
Shoe Store Inventory Management
The resale sneaker industry is quickly becoming as popular as the brand new shoe market. Shoes are almost always one of the top-selling items in a consignment store’s inventory. Used and older shoes hold value due to demand from sneakerheads and collectors....