Re-commerce and circular fashion-tech company Recurate has released its first resale report — and a key insight shows that 74% of people across all major markets, ages, genders and socioeconomic status shop resale.
Of those who participated in the survey, mid-priced brands – which to Recurate include companies like Lululemon, Nike, Levi’s and J.Crew – were the most popular ones to shop with 64% of consumers buying secondhand items from this pricepoint. Fast fashion companies came in second, with 40% of shoppers, followed by luxury and designer brands coming in at 28% of consumers buying secondhand at the higher end.
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Footwear News: Majority of Secondhand Shoppers Buy Mid-Priced Brands, According to Recurate’s First Resale Report
Footwear news discusses consumer spending and resale from the Recurate Resale Report
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April 22, 2024
August 15, 2022