Footwear News: Majority of Secondhand Shoppers Buy Mid-Priced Brands, According to Recurate’s First Resale Report
Press

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

4
min read
October 16, 2023
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.
Originally published at:
https://footwearnews.com/2022/business/retail/recurate-resale-report-consumer-behavior-1203322919/

More like this