Rag News: The Future of Used Clothing: Insights, Metrics & Market Moves
Market Insight Spotlight Kenya Overtakes Nigeria as Africa’s Top Importer of Secondhand Clothes According to a recent report from TheCable, Kenya has surpassed Nigeria as the continent’s leading importer of used clothing. This shift highlights evolving trade patterns, economic priorities, and the rising demand for quality, affordable garments. Read Full Article 🧭 Measuring Circularity […]
Rag News: Store Returns, LATAM Opportunities & Ghana’s Stand
Store Returns & Reverse Supply Chains: Unlocking Market Opportunities in 2025 Retail returns in the U.S. skyrocketed to $890 billion in 2024, making up 14.5% of total retail sales, according to the National Retail Federation and Happy Returns. Driven by e-commerce growth and shifting consumer behaviors, this surge is pushing retailers to reimagine how they […]
Rag News: Key Trends, Secondhand Markets & Sustainability Efforts
Women Driving the Circular Economy Women are at the forefront of the circular economy, leading innovations and driving sustainable change in the secondhand textile industry. From upcycling initiatives to large-scale secondhand fashion enterprises, their contributions are shaping a more responsible and profitable future. At BVH, this commitment is reflected in its women-led facility in Adipur, […]
Rag News: Circular Economy Insights: SMART Recap, Key Reports & Industry News
SMART Conference Recap The recent SMART Annual Convention 2025 in Dubai brought together global leaders in textile recycling, sustainability, and the secondhand clothing trade. One of the key takeaways was expert data proving that secondhand exports to Africa and South America are not “waste” but instead resold, playing a crucial role in these economies. These […]
Rag News: Your Monthly Update on Secondhand Industry Trends
Supply Chain Update: ILA Port Strike Averted with Tentative Agreement The International Longshoremen’s Association (ILA) and the U.S. Maritime Alliance (USMX) have successfully negotiated a tentative six-year agreement, bringing stability to East and Gulf Coast ports after months of uncertainty. Key Highlights of the Agreement: Wage Increase: Dock workers will see a 62% wage boost […]
Rag News: Strategies for Port Disruptions + Industry Highlights
Recommendations for Wholesale Clients and Suppliers in the Secondhand Industry Amid Port Challenges With ongoing port negotiations and potential disruptions, here are quick tips to stay prepared: Diversify Logistics: Explore alternative ports, routes, and inland options. Strengthen Inventory: Build buffer stock and streamline sorting processes. Enhance Communication: Stay aligned with suppliers, buyers, and logistics partners. […]
Rag News – Your Essential Market Update: Industry Insights and Innovations
Freight Market Flash Updates Stay informed on key trends shaping the international freight forwarder market: Freight Rates Remain High Amid Ongoing Disruptions Freight rates are predicted to stay elevated in 2025, driven by persistent market disruptions, potential port strikes on the U.S. East Coast, and a significant increase in carbon taxes. Although the Red Sea […]
Rag News: Port Updates, New Laws & Circular Economy Tips for Wholesalers
Navigating the USEC Port Strike: Prepare Your Supply Chain The recent tentative agreement between the International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) has brought temporary relief to the USEC port strike—but the story isn’t over yet. With key issues still up for negotiation in January 2025, the risk of future disruptions […]
Rag News: Inside Bank & Vogue’s Annual Meeting + The Future of Recycled Fashion
Bank & Vogue Team Annual Meeting Last week, the Bank & Vogue team came together at our head office in Ottawa for our highly anticipated Annual Meeting. It was an inspiring event where we presented our goals for the upcoming year, aligning on strategies to drive both growth and sustainability throughout the organization. As a […]
Rag News – Boost Your Profits in the Secondhand Market!
Taking Inspiration From the Past to Create Denim for the Future The new Wrangler Reborn collection, created in collaboration with our sister company Beyond Retro, is a bold step towards a sustainable future. Launched last July 24th, this collection transforms diverted denim waste into timeless jackets, shirts, jeans, and shorts—crafted with no new cotton, no new […]
