Secondhand apparel sales in the United States increased by 11 percent to US $43 billion in 2023, which is seven times faster than traditional garment retail sales and is forecast to reach $73 billion by 2028. This was the finding of a report titled ‘2024 Retail Resale Report’ released by
US retail sales in August accelerated much faster than expected, strengthened by strong garment sales and a recovery in gasoline station sales. According to US Census Bureau data, petrol fuel pumps recorded the highest monthly rise in sales among major retail categories growing 5.2 percent month on month. “While sales of apparel and clothing accessories […]