The State of Credential Clothing in Latin America In 2025
Latin America has emerged as a standout player in the global secondhand clothing trade, with countries like Chile, Guatemala, Mexico, Nicaragua, Honduras, and El Salvador serving as major import hubs for what the industry terms “credential clothing.” This analysis of the state of credential clothing in this region examines the current market state, its economic […]
Evolving Pricing Models in the Secondhand Wholesale Industry: Auctions vs. Direct Sourcing
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 […]
The Global State of Second-Hand Clothing & Goods Part 1 (Trends, Stats & Sustainability)
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, […]
Measuring & Reporting Circularity: A Guide for Secondhand Clothing Wholesalers
As the global appetite for sustainable fashion accelerates, used clothing wholesalers find themselves at the frontlines of a circular revolution. No longer just distributors of surplus goods, wholesalers like Bank & Vogue are pivotal in shaping how the secondhand economy functions—not just logistically, but environmentally and ethically. In this guide, we explore how secondhand textile […]
The Future of Used Clothing Trade in Latin America: Market Entry & Compliance Strategies
As global fashion consumption continues to rise, so too does the importance of secondhand markets as a sustainable alternative. Latin America (LATAM), with its growing urban populations, rising environmental consciousness, and evolving retail ecosystems, is emerging as a key region in the future of the used clothing trade. However, entering this promising yet complex market […]
The Global Market for Used Shoes in 2025 – Part 2
The second-hand footwear market has undergone significant transformations since 2020, influenced by evolving consumer behaviors, economic factors, and technological advancements. 5 years later, and there have been some shifts in the overall landscape of this market driven by an increased demand for sustainability and eco-conscious choices. Here’s an overview of the global used shoes market […]
Africa’s Growing Demand for Secondhand Clothing: Opportunities & Challenges
The global secondhand clothing market is booming, and Africa is at the forefront of this growth. With increasing demand for affordable, quality garments, secondhand clothing has become an essential part of the fashion landscape across the continent. However, while this trade presents numerous economic and environmental opportunities, it also comes with challenges that stakeholders must […]
What Does Working With Bank & Vogue Look Like As A Buyer?
Bank & Vogue operates as a global leader in second-hand wholesale, connecting buyers with high-quality used goods. But what does working with a second-hand wholesaler look like? Understanding the process of working with Bank & Vogue is crucial for businesses looking to source bulk second-hand textiles and other products. The Buyer Journey: From Inquiry […]
Shared Responsibility in the Circular Economy: Who Owns the End of a Product’s Life?
In the era of sustainability and circularity, the question of responsibility for a product at the end of its life cycle has become more pressing than ever. As industries pivot away from the traditional linear model—where products are manufactured, used, and discarded—toward a circular economy, a fundamental challenge emerges: Who is responsible for ensuring that […]
How Second-Hand Wholesale is Changing the Retail Landscape
In an age where sustainability, affordability, and uniqueness are increasingly valued, second-hand wholesale is emerging as a transformative force in the retail landscape. This business model, which involves the bulk sale of pre-owned goods, is reshaping consumer habits and influencing how retailers approach inventory management and sales strategies. Here’s how second-hand wholesale is changing the […]
