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Fashion recommerce: clothing rental and resale are helping to address problems of clothing waste
published in Issue 209, August 2021
Apparel recommerce is gaining share from traditional online apparel retailing as Gen Z consumers embrace new shopping formats—such as resale and rental—which offer affordability, accessibility, sustainability and social interaction. In addition, retailers are being driven to adopt rental and resale business models faster than ever before as a result of pressures by apparel industry professionals, environmental organisations and governments to contribute to the circular economy and solve the problem of clothing waste. However, brands face a number of major challenges in entering the resale or rental markets because doing so requires significant investment, and the reselling and renting of products pose a complex logistical challenge. This report provides an overview of the recommerce market and includes profiles of three pioneers in recommerce, namely Depop, Rent the Runway, and thredUP. Also, it considers a number of solutions to the challenges faced by brands in adopting rental and resale formats, including employing third-party companies which offer resale as a service (RAAS).
Six times a year, Textile Outlook International provides up to 200 pages of intelligence, expert analysis and insight on the global textile and clothing industry.
What's in it? Each issue provides an authoritative source of information on key industry topics, including: circularity; cotton; environmental sustainability; fibre prices; innovation; production and consumption forecasts; imports and exports; industry giants and emerging brands; international trade fairs; key geographical markets; recommerce; retail; supply chains; textile and clothing trade; textile machinery; trade and production trends; world markets; and yarn and fabric manufacturing.
A single issue of Textile Outlook International includes:
an editorial think-piece on a topical issue from an industry expert a report on textile and apparel trade and production trends a round-up of the latest international trade fairs a feature on textile and clothing imports and exports or fibre prices, production and consumption a report on a key geographical marketinsight and analysis of a key market leader or fast-growing start-up
An annual subscription to Textile Outlook International is a cost-effective way to keep informed about trends and developments in the global textile and clothing industry. Subscriptions are available in printed and/or digital formats. Printed and digital subscribers receive each issue in printed format in addition to a digital PDF file, which is available immediately on publication.
Like all Textiles Intelligence publications, Textile Outlook International is a reliable source of independently sourced business information, and it does not carry advertising.
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