"The new disrupter in retail, the new gangster that’s going to create hundreds of billions in shareholder value is the second-hand resale market," Mr Galloway said, speaking at the INFORM News Media Summit 2019. "It’s being driven by young people."
Kara Otter, founder and creative designer at Karameleon Australia, specialises in signature '90s second-hand fashion.Credit:Lyndal Irons Mr Galloway said the second-hand clothing market "ticks a lot of boxes in terms of trends", including concerns over sustainability and the fact 30-year-olds have less disposabl…Second hand clothing to overtake fast fashion
Move over fast fashion, second-hand clothing is the next big thing.
New York University business professor and renowned tech pundit Scott Galloway predicts global sales of used clothing will be "a bigger business within nine years than fast fashion".
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