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Fashion |Report

Gen Z pave the way for resale fashion going mainstream in the US

The secondhand market for fashion in the United States is booming, as 93 percent of consumers have purchased a secondhand item over the past year, according to the 2025 Recommerce Report by OfferUp in partnership with GlobalData, and Gen Z is reportedly at the forefront of this growth. Secondhand shopping has reached mainstream acceptance, with...

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Business

Recommerce economy nearly worth 7 billion pounds in the UK

The resale and rental ‘recommerce’ market is continuing to grow in the UK and is now worth 6.99 billion pounds and accounts for 1.6 percent of the total retail market, according to new research from Barclaycard Payments. The report, in partnership with Development Economics, reveals that 40 percent of consumers shop second-hand or rent items...

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