Resale is booming. In 2023 the global apparel resale market was valued at $193.7bn by Globaldata and it is expected to grow by 12% per annum over the next three years. Pioneering platforms, such as Vinted and Depop, have ridden this wave and created a new, more sustainable way of shopping for a new generation of consumer. But now is the time for brands to harness this market and embed within their own businesses. Furthermore, legislation is on the horizon that could impel businesses to take more responsibility for pre-owned fashion.
Taking control of your own pre-owned fashion channel provides huge opportunity both in terms of revenue building, finding new customers and building deeper relationships with existing customers.
However, there are challenges surrounding uncertain supply and demand and quality control, as well as the complexities of dealing with individual items, rather than full ranges.
Discuss the great potential of this market and how the complexities can be overcome with peers from the market and experts from our partners at GXO.
Join us on 5th June for an intimate roundtable discussion, to explore:
Network with peers over breakfast among the art-deco grandeur at London's latest restaurant from The Wolseley - The Wolseley City, and take away actionable insights for your business.
Format and Timings:
Venue address: The Wolseley City, 68 King William Street, London EC4N 7HR
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