Resale & Rental

The secondary market for luxury goods holds significant promise, but there are several key challenges to overcome, writes Luca Solca.

Companies like H&M and Primark are increasingly offering to take back unwanted clothes for resale and recycling. Instead they can end up downcycled, destroyed or dumped, according to a new report from Changing Markets Foundation.

After years of fuelling growth at luxury brands, the consumer segment group — which typically opts for entry-level accessories — pulled back sharply on spending in the first quarter of 2023. BoF unpacks what happened and what’s to come.

Designer Diane Von Furstenberg’s namesake brand is the latest to join the resale market. Its spin on the category includes a “Missed Connections” tab for hard-to-find pieces.

A growing number of US state bans are forcing clothing companies to find less toxic alternatives to per- or polyfluorinated substances — called PFAS for short — when making shirts, hats and rain jackets that are water- and stain-resistant.

The Swedish fast fashion giant posted a surprise profit in the first quarter, in part due to its increased stake in resale platform Sellpy. It offers a glimpse at how the company hopes to decouple its growth from impact.

The luxury resale platform’s CEO John Korryl spoke with BoF exclusively about new revenue streams, consignment updates and other ways of reaching profitability after a decade of losses.

Secondhand sales are booming, but few retailers go it alone. Here’s what brands should consider when selecting a resale partner.

A Reuters investigation found some shoes meant for recycling in Singapore ended up in shops in Indonesia, where it is illegal to import second-hand clothing.

Chloé is set to become the first major luxury fashion brand to road-test digital product IDs that contain detailed information about the authenticity and eco-credentials of individual items and allow for easy resale via Vestiaire Collective.

The fast-fashion retailer has seen sales decline in six of the last seven months, as the novelty of its endless selection of trendy, ultra-cheap clothes wears off.

Mounting digital marketing costs and e-commerce readjustments have put the viability of pure direct-to-consumer business models into question. The State of Fashion 2023 reveals that most brands will need to diversify their channel mix beyond DTC to generate growth.