Blogs

A Market in Transition Chile has long been one of Latin America’s most dynamic destinations for secondhand clothing. Every year, thousands of tonnes of apparel enter the country, supporting a vibrant ecosystem of resellers, retailers, and communities who depend on these goods for both income and affordable fashion. Now, with the Ministry of Environment’s decision […]

  The second-hand wholesale industry and its goals of sustainability, cost-consciousness, and circular economy initiatives become central to global consumption patterns. At Bank & Vogue, we’ve spent decades helping partners thrive in the used goods space, whether through sourcing bulk used clothing, footwear, or collaborating on innovative upcycling solutions. As we step into 2025, these

Secondhand clothing travels far — from donation bins and sorting centers to overseas ports, street markets, and resale apps. But most of us, even those in the industry, can’t clearly map that journey. That’s a problem. For a sector that claims sustainability as a core value, transparency and traceability aren’t optional — they’re the proof

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

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,

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

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 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

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