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Textiles Intelligence
Clothing rental and resale help address problems of clothing waste
This report provides an overview of the recommerce market and includes profiles of three pioneers in recommerce, namely Depop, Rent the Runway, and thredUP.
7th September 2021
Knitting Industry
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United Kingdom
Report summary
Apparel recommerce is gaining share from traditional online apparel retailing as Gen Z consumers embrace new shopping formats—such as resale and rental—which offer affordability, accessibility, sustainability and social interaction.
In addition, retailers are being driven to adopt rental and resale business models faster than ever before as a result of pressures by apparel industry professionals, environmental organisations and governments to contribute to the circular economy and solve the problem of clothing waste.
However, brands face a number of major challenges in entering the resale or rental markets because doing so requires significant investment, and the reselling and renting of products pose a complex logistical challenge.
This report provides an overview of the recommerce market and includes profiles of three pioneers in recommerce, namely Depop, Rent the Runway, and thredUP. Also, it considers a number of solutions to the challenges faced by brands in adopting rental and resale formats, including employing third-party companies which offer resale as a service (RAAS).
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Publisher: Textiles Intelligence
'Fashion recommerce: clothing rental and resale are helping to address problems of clothing waste'
22 pages, published in August 2021
Report price: Euro 435.00; US$ 570.00
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