Macy's debuts secondhand apparel sales with ThredUp
With this tie-up, Macy's is aligning with one of the best growing segments in apparel retail.
Transactions for used apparel rose a whopping 254% over the past two years at B-Stock, a B2B marketplace for returned and excess apparel, according to a report emailed to Retail Dive. Handbags and other bags, denim, footwear, jackets and fine watches were the top five categories in used goods, B-Stock also found.
Consumers are increasingly gravitating to such items. Some 64% of women last year bought second-hand fashion or "are open" to it, up from 45% in 2016, according to ThredUp's most recent resale report. A quarter of department store shoppers also buy used goods, ThredUp found, while luxury second-hand site The RealReal in its own report on the segment said that 93% of its customers "regularly shop department stores like Saks Fifth Avenue, Nordstrom, Neiman Marcus and Bloomingdale's."
Via Retail Dive