June 2025

The secondhand wholesale industry is undergoing significant transformation, driven by shifting consumer preferences, technological advancements, and a growing emphasis on sustainability. As businesses adapt to these changes, two primary sourcing models have emerged: auctions and direct sourcing. Each offers distinct advantages and challenges, influencing pricing strategies and operational decisions. Auction-Based Sourcing: Competitive Bidding and Dynamic […]

As overconsumption and fast fashion continue to wreak havoc on the environment, countries around the world are turning to used clothing as a more responsible, accessible alternative. But the second-hand industry looks different depending on where in the world you are. The global second-hand clothing market size was valued at USD 45.3 billion in 2024,