4 ms·
You have to split these into two markets: 1. Secondary Clothes Market - As trends move faster and clothes get cheaper, used clothes a) aren't as much of a deal
by basseq 9y ago
You have to split these into two markets:
1. Secondary Clothes Market - As trends move faster and clothes get cheaper, used clothes a) aren't as much of a deal and b) aren't what you want anyway. Moreover, as new clothing prices drop, quality drops as well. That means that fewer used clothes are fit for the secondary market in the first place—as they're less able to stand up to wear and tear.
2. Recycling Market - It appears we're in a glut right now, so "new" material can be manufactured almost as cheaply as "recycled" material. The cost savings with recycled material are offset by slower supply chains, lower relative quality, and fewer options. So why recycle, other than social good? (Which, it's worth noting, is an increasing buyer value.)
I expect the market may correct, likely in rising costs of new materials. In the interim, it's a race to the bottom for recycled material.
- edkennedy 9y agoThere are sites like grailed.com which have been taking advantage of the used clothing market for higher end fashion wear.