Home / Knowledge / News / Apparel/Garments / Kidswear re-commerce at an all-time high in US
Kidswear re-commerce at an all-time high in US
05
Mar '13
With increasing number of image conscious people coupled with economic crisis, online sales of second-hand clothes are at an all-time high in the US. 
 
According to the First Annual Resale Report of San Francisco-based kids e-retailer thredUP, 358,497 kidswear items were sold through the e-shop last year, enabling re-sellers to earn US$ 800,000. The kidswear brands with the best resale value and popularity were Gymboree, Baby GAP, Justice, Levi’s, GAP kids, OshKosh, Lands’ End, Adidas, Limited Too and Rare Editions.
 
The thredUP.com buys consignment quality kids clothing from the US residents, posts it online and once the apparels are sold out, the e-retailer pays up to 40 percent of the resale value to the original sellers.
 
Ms. Karen Fein, marketing director at thredUP.com, told fibre2fashion, “Consumers are becoming increasingly conscious and economical, so clothing resale is on the rise making up a US$ 13 billion industry.”
 
“We believe that the next wave of growth of clothing industry is in re-commerce, bringing resale online and allowing consumers across the US to buy and sell used clothing from the comfort of home,” she says.
 
When asked about the reason for the boost in re-commerce, she says, “For resale to keep up with traditional retail, the second-hand shopping experience needs to be convenient, enjoyable and risk-free. By bringing the entire resale experience online, and stepping in as a middleman between buyers and sellers, thredUP is bringing second-hand to mainstream consumers nationwide and eliminating the stigma around "used," one shopper at a time.”
 
The e-retailer thredUP, which was launched a year ago, is planning to introduce resale of womenswear and maternitywear segment on the online portal, while continuing with its resale of kidswear.
 
Talking about the reason behind launching re-commerce, CEO and co-founder at thredUP, Mr. James Reinhart says, “We realized that people would like to change their wardrobe collection every six months, sometimes by swapping their clothes with someone and this has led to the launch of thredUp.com.”
 
According to The Association of Resale Professionals, approximately 18 percent of Americans are likely to shop at a thrift store to recoup costs and save on new fashions.
 

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: Kai Pilger from Pexels

Apparel/Garments | On 26th Apr 2018

FOBAP in the Philippines trying for garments sector revival

The Foreign Buyers Association of the Philippines (FOBAP), a body...

German investors keen to invest in Pakistan: top official

Textiles | On 26th Apr 2018

German investors keen to invest in Pakistan: top official

A German traders delegation will soon visit Pakistan to explore...

Courtesy: Uster

Textiles | On 26th Apr 2018

Uster Technologies acquires Elbit Vision Systems

Uster Technologies has announced the successful closure of the...

Interviews View All

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Representatives
Textile & apparel industry

GST is a complicated and lengthy process

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Akshat Chaudhary

Aizome, Asia's first Fairtrade denim brand, is all set to launch next...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Harsh Shah

Fynd is the central online shopping destination for fashion, offering...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


April 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.9%
No
12.6%
Skip
17.5%

Total Votes: 103

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.1%
No
29.1%
Skip
7.8%

Total Votes: 103

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.4%
No
8.7%
Skip
3.9%

Total Votes: 103

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.5%
No
7.8%
Skip
9.7%

Total Votes: 103


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search