This Is Why Preloved Fashion Is So Popular!
There is currently a huge and growing popularity in shopping for preloved clothes. According to the 2019 Resale Report from online thrift store thredUp, the data shows that more consumers are becoming environmentally conscious and opting for more affordable items.
“Mass market or luxury, if people can find a high-quality product for much less, they’ll choose used,”said ThredUp co-founder and CEO James Reinhart.
The preloved economy is a RM98 billion market as of 2018 and will continue to grow exponentially to 1.5 times the size of fast fashion wit hin the next 10 years, hitting a RM260 billion evaluation. To keep it simple, there is definitely a demand for preloved clothing and we are here to convince you on why it’s an upworthy trend to pick up on.
1. Secondhand clothes are affordable
Great designer collections or expensive brands come at a fraction of its original price. Experience quality designer brands while keeping your wallet calm at the same time. Your friends would be jealous and you’d be filling your wardrobe with luxurious designers that's worthy of the red carpet, all without breaking the budget.
2. There is a big market for preloved fashion
A RM98 billion market says it all. The margins for reselling second-hand clothing can be of great value. Especially when there is an abundance of preloved clothes, many of us are practically giving out free apparel all the time. A handful of business fashionistas have already been taking full advantage of this and made big bucks over it.
3. Fast fashion isn’t sustainable
With the rapid growth in technology of textiles and low labour cost, mass quantities of low-quality goods are being produced by the millions. Through the vast overproduction of fashion items, the use of synthetic fibers, and the agriculture pollution of fashion crops. The fashion industry has to find new ways to make the business eco-friendly and sustainable. This is one of the major reasons why preloved clothing has been picking up in trend. Many youths these days are conscious enough about how our environment has been taking a big hit in recent years. Thus, instead of just opting for new clothes, choose preloved and give some love to the environment.
4. You will stand out from the rest
One of the best reasons for choosing preloved, is that you’d often find amazing and unique retro pieces. The feeling of rummaging through thrift stores and the net will lead you to treasure you’ve never seen before. Preloved goods will bring you to the top of your fashion game because of the abundance of different styles.
5. Second-hand can be as good as new
There is no doubt that you’d find rare pieces of collections when thrifting through preloved clothing. There are incidents of people purchasing preloved Birkin’s at an affordable price and finding out later that its worth more than what they got it for! Preloved clothes usually are value for buck as most of it are in amazing condition at the best of prices.
In short, preloved clothing allows your fashion style to standout from the rest, it keeps your budget at a comfortable position, and we can slowly begin to reclaim the Earth from industrial damage through sustainable preloved.