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ThredUp: Pandemic Will Turbocharge a ‘Shift to Thrift’

Join Cotton Incorporated, Lectra, Accelerating Circularity, Public Habit and more on July 15 for Sourcing Journal's virtual Sustainability FAQs workshop to pull back the curtain on the circularity, traceability, net zero and inventory reduction concepts that could transform your business.

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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