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@ Joker
2025-05-16 19:28:28
Sneakerheads Lick Their Wounds While Secondhand, Used Luxury And Vintage Clothing Apparel Rake In Billions
The sneaker market is crashing rapidly!!
Recently prices have reached a slow but steady decline in market value, raising questions about the implications for consumers, collectors, resellers and the industry as a whole.
The downturn could signal the end of an unsustainable bubble while also bringing a mix of challenges and opportunities.
One of the most immediate benefits of a crashing sneaker market is the potential for increased accessibility.
Meanwhile:
Thrift Shopping Is Going Mainstream
It used to be that shopping for secondhand goods meant sifting through piles of clothes and “Everything $1” bins at the local Goodwill or a neighbor’s garage sale. For many, it meant scrolling through postings on one of the first online marketplaces, eBay Inc.
Related:
* How An App Selling Secondhand Clothes Went From Near Collapse To Worth $5 Billion (Aims To Be “The Amazon Of Secondhand.”)
* The Hottest New Look Is Used
* Your Old Clothes Are Worth Billions
Luxury Hand-Me-Downs Are Now Worth Billions of Dollars
Shoppers are increasingly turning to secondhand websites to sell barely-used designer clothes and handbags. Big brands aren’t happy about it.
The bricks-and-mortar "Savers Value Village" comes with the promise of a more efficient shopping experience than nonprofits. Piper Sandler estimates that its sales per store is nearly twice that of Goodwill and more than six times that of the Salvation Army.
Remainder Of The Article: https://dpl-surveillance-equipment.com/miscellaneous/sneakerheads-lick-their-wounds-while-secondhand-used-luxury-and-vintage-clothing-apparel-rake-in-billions/
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