World Footwear

Second-hand

The rise of the second-hand fashion market

Premium ContentMay 14, 2024 / World
The global second-hand fashion market is expected to reach 350 billion USD by 2028, according to ThredUP's latest resale report. Value-conscious consumers, a greater concern for the environment and a desire for uniqueness seem to be driving this “revolution”, with new generations leading the way

Vinted considers a secondary share sale

Nov 8, 2023 / Lithuania
The Vilnius-based online marketplace for second-hand clothes is mulling a secondary share sale worth more than 200 million euros, with the aim of being at the forefront of the sustainable fashion boom

Dr Martens to launch a pilot shoe repair service in the UK

Sep 29, 2023 / United Kingdom
The iconic British footwear brand has plans to launch a shoe repair service in the UK next month, with a view to later expanding the service to continental Europe

Zara expands its pre-owned platform to France

Sep 25, 2023 / France
After a successful rollout in the UK in October 2022, the fashion chain owned by the Spanish-based Inditex group has expanded its second-hand platform in France

Journeys launches resale programme

Jul 25, 2023 / United States
The footwear retailer, owned by Genesco, has teamed up with the online resale platform thredUP to launch the ‘Journeys Second-Hand’ initiative, aimed at a more environmentally-conscious generation

Brooks Running enters the resale market

Jul 13, 2023 / United States
The Seattle-based company has announced the launch of the resale programme ReStart, which will enable the refurbishment and reselling of used Brooks footwear in the US

Decathlon changes name to 'Nolhtaced' in three Belgian cities

Oct 20, 2022 / France
The sporting goods retailer has changed its name to Nohltaced (Decathlon written backwards) in Evere, Namur and Ghent, for one month, as part of its campaign to promote reverse selling

Secondhand market tripled in size since 2020

Oct 13, 2022 / World
The estimated value of the apparel, footwear, and accessories resale market is now between 100 and 120 billion USD worldwide, more than three times the size it had two years ago

Farfetch buys luxury release platform Luxclusif

Dec 14, 2021 / United Kingdom
The luxury e-commerce platform has announced the acquisition of the resale platform Luxclusif. The deal includes Luxclusif’s technology and its team, which will join Farfetch's group

UK retail sales picked up in October

Nov 29, 2021 / United Kingdom
According to the UK’s Office for National Statistics (ONS), October retail sales volumes increased for the first time in six months in October 2021, most likely due to early Christmas shopping

Vestiaire Collective: financing round backed by Kering and Tiger Global Management

Mar 10, 2021 / France
The second-hand fashion platform announced the completion of a new 178 million euros financing round, backed by global French luxury group Kering and US investment firm Tiger Global Management
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