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Consumers Want a ‘Revolving Closet’ and Resale Sites Like Poshmark Make it Possible

Join Theory, Google, H&M, McKinsey, Foot Locker, Lafayette 148, LL Bean, the Retail Prophet and more at Sourcing Journal’s Virtual Sourcing Summit, R/Evolution: Overhauling Fashion’s Outmoded Supply Chain, Oct 14 & 15.

Move over, fast fashion. According to newly released data, resale and social shopping could be the retail trends that define the next decade. A report released Tuesday by online secondhand marketplace Poshmark revealed a number of dramatic shifts in the retail landscape over the past year. Notably, more than half (58 percent) of shoppers are…

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