2024

Circular Solutions for Brands & Retailers

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How to make the most out of everything you make

Overview

Resale, thrifting, and vintage shopping have long been a part of our economy, especially in fashion. But today, a powerful combination of technological advances, economic pressures, and environmental awareness is pushing consumers toward the growing apparel resale market en masse. There are no signs of slowing down, as recently noted in Forbes, the resale market is projected to double in the next 5 years, reaching $77 billion.

Access insights into the circular solutions that will drive profit, customer engagement, and resource conservation.

This report reveals:

  • How resale aligns customer expectations with brand values
  • Enabling resale & circularity with Digital Product Passports
  • Innovative approaches to Returns & Resale
  • Driving profitability with repair and refurbishment

Produced by circular economy experts: Recurate Resale, Monday Creative, EON, Loop Returns, Hemster, and Emily Culp.

Thank you for your interest.
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Quotation marks

There are no signs of resale, thrifting, or vintage slowing down, as recently noted in Forbes, the resale market is projected to double in the next 5 years, reaching $77 billion.

Adam Siegel, Co-Founder of Recurate
Recurate
78%

OF CUSTOMERS

Say that a store's eco practices influence where they shop.

10B

POUNDS

Of returned merchandise ended up in landfills last year.

85%

OF DAMAGED INVENTORY

Can be resellable with refurbishment.

About the Authors

Recurate

Founded in 2020, Recurate, Inc. is a leading circular economy technology company that offers brands an ecommerce solution to capture their secondhand sales. Recurate enables an integrated resale marketplace on brands' ecommerce stores, allowing their customers to resell items they previously purchased from those brands. 

Learn More About Recurate >

Hemster

Hemster offers Revive as a first-in-line solution for damaged inventory. Before recycling or donating, let our AI-powered platform make a decision on whether the damage is worth cleaning or repairing, based on projected recoverability and sellability. In 2023, Revive diverted over 30,000 lbs of garments from landfill. In 2024, we are planning to save over 250,000 lbs of garments from premature disposition. Join us in prioritizing restoration first!

Learn More About Hemster >

EON

EON is the leader in Digital ID technology, enabling brands to turn their products into traceable, intelligent and highly valuable assets. With an end-to-end view of every item, brands can unlock new services, provide greater transparency to customers and generate ongoing revenue and insights throughout the entire product lifecycle.

Learn More About EON>

Monday Creative

Monday is a branding and creative agency, based in Vancouver, British Columbia. Through insights, strategy and creative, we build brands that enhance human potential—that means brands that prioritize connection to one another and the planet. Ultimately we want to seduce people into the outdoors—to create a world where health, movement, nature and circular thinking are the most desirable products available. Since 2017 we’ve worked with brands including lululemon, Arc’teryx, Allbirds, adidas and EA Sports to bring their visions of a better planet to life.

Learn More About Monday Creative >

Loop Returns

Loop is the leading post-purchase platform optimizing returns, exchanges, and reverse logistics for 3,000 of the world's most-loved brands. Through innovative features like Workflows, Instant Exchanges, Shop Now, and Bonus Credit, Loop helps brands unlock cost savings, increase customer lifetime value, and retain more revenue. Loop has processed over 40 million returns and counting.

Learn More About Loop Returns >

Emily Culp
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