Cyprus Mail
Fashion

Thrift-loving new generation fuelling rise of ‘used economy’

Since the pandemic began, much of the fashion industry has taken a hit – but not the resale sector. In fact, the online market for used clothes is growing faster than the market for new garments.

Worldwide consumer trends show younger generations want to be more socially conscious while keeping a tight budget.

And given their awareness of fast fashion’s ecological cost, paired with the rise of e-commerce, a new report projects that, over the next decade, the second-hand clothing market could hit $80 billion globally.

View the original video here.

Good Living is the Cyprus Mail’s portal of curated content from across the internet, showcasing local and global ideas, cultural highlights, and scientific and technological developments to inspire a sustainable life.

Related Posts

The tree-hugging fashion designer

Niki Charalambous

Tuxedos and jumpsuits

CM Guest Columnist

The ‘fairy of knitwear’

Niki Charalambous

Fashion trends: it’s not just designers that come up with them

Niki Charalambous

What do oranges, coffee grounds and seaweed have in common?

The Conversation

Prom dress shopping guide: What are the options?

Odi Ventouris