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ThredUp: Pandemic Will Turbocharge a ‘Shift to Thrift’

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

Pandemic? What pandemic? In the world of fashion resale, at least, business is booming bigger than ever. Online thrifting is a “bright spot” in the COVID-19-induced retail swamp, according to ThredUp, which released its 2020 Resale Report, the secondhand e-tailer’s eighth, on Tuesday. While the broader retail sector is projected to deflate by 23 percent…

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