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

Fashion is at a crossroads: continue with cutting-edge strategies developed to persevere during Covid or slide back into familiar (yet unprofitable) habits? Get the experts' perspective at our in-person Sourcing Summit, Oct. 19 at New York’s Cipriani 42nd Street.

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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