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The demand for resale is huge. Why are online secondhand clothing platforms struggling?

Oct 17, 2024
For clothing resale sites like Poshmark, ThreadUp or Depop, "it's really hard to overcome the math not working," says Amanda Mull of Bloomberg.
U.S. shoppers, especially those under 40, have an appetite for vintage and used clothing, yet online selling platforms haven't found a way to turn consistent profits.
Matt Cardy/Getty Images

Online retailers lean into secondhand shopping surge

Jun 17, 2024
As consumers become more thoughtful about spending, many are turning to used goods when they need to shop.
"eBay was the OG of all of this," said retail analyst Sucharita Kodali at Forrester. "They're trying to introduce themselves to this new generation."
Justin Sullivan / Getty Images

All dressed up with no sales to show for it

May 27, 2024
A day in the life of a struggling, but hopeful, entrepreneur.
Taylor Nesiah Jenkins, owner of a secondhand boutique called Haus of Vestige, with some of her inventory at a bridal fair in Phoenix, Arizona.
Maria Hollenhorst/Marketplace

While the secondhand market booms, thrifting is coming apart at the seams

Apr 15, 2024
If you've recently dug through the racks of a Goodwill and found a lot of lower-quality fast fashion, you're not alone, says Kelsey Vlamis of Business Insider.
"Needs-based shoppers are increasingly getting priced out, and it's getting harder to find those, like, special pieces at an affordable price," says Business Insider reporter Kelsey Vlamis.
Robert Nickelsberg/Getty Images

Secondhand shopping for baby

Aug 24, 2012
A stroller, a crib, clothes for a kid who may not be the same size next week are among the many items parents need to purchase for their new baby. Buying secondhand can be easier on the wallet. Learn what is safe -- and unsafe -- to buy secondhand for junior.