HOW U.S. TEENAGERS REDUCE THEIR FASHION BUDGET

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31 March 2017 à 10h49

Updated on 10 May 2019 à 17h55

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1 minute

Publication: 31 March 2017 à 10h49, Updated on 10 May 2019 à 17h55

Reading time: 1 minute

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Publication

31 March 2017 à 10h49

Updated on 10 May 2019 à 17h55

Reading time

1 minute

Publication: 31 March 2017 à 10h49, Updated on 10 May 2019 à 17h55

Reading time: 1 minute

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In the U.S.A., the volume of items being traded online has more than doubled since 2013. Whereas many fashion retailers such as Abercrombie & Fitch and Gap continue to struggle against decreasing retail sales, the online second hand market for clothes and other goods reached US$2 billion in 2016. This is reported by PrivCo, who analysed data from 15 reselling websites.

 

To match the expectations of the digital-friendly younger generation, many sites such as Vinted, Poshmark and ThredUP have...

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